PDD Holdings Inc. (NASDAQ:PDD) Q2 2025 Earnings Conference Call August 25, 2025 7:30 AM ET
Company Participants
Jiazhen Zhao – Co-CEO & Executive Director
Jun Liu – Vice President of Finance
Lei Chen – General Counsel, Co-CEO & Chairman
Conference Call Participants
Alicia Yap – Citigroup Inc., Research Division
Lixin Ju – BofA Securities, Research Division
Thomas Chong – Jefferies LLC, Research Division
Operator
Ladies and gentlemen, thank you for standing by, and welcome to the PDD Holdings, Inc. Second Quarter 2025 Earnings Conference Call. [Operator Instructions] Please be advised that today’s conference is being recorded.
I would now like to hand the conference over to your host today. Sir, please go ahead.
Unidentified Company Representative
Thank you, operator, and hello, everyone, and thank you for joining us today. PDD Holdings earnings release was distributed earlier and is available on our website at investor.pddholdings.com and also through the Globe Newswire services.
Before we begin, I would like to refer you to our safe harbor statement in earnings press release, which applies to this call as we will make certain forward-looking statements. Also, this call includes discussions of certain non-GAAP financial measures. Please refer to our earnings press release, which contains a reconciliation of non-GAAP measures to GAAP measures.
Joining us today on the call are Mr. Chen Lei, our Chairman and Co-Chief Executive Officer; Mr. Zhao Jiazhen, our Executive Director and Co-Chief Executive Officer; and Mr. Liu Jun, our VP of Finance. Liu and Zhao will make some general remarks on our performance for the past quarter and our strategic focus, and Jun will walk us through our financial results for the second quarter ended June 30, 2024. During the Q&A session, Lei and Jiazhen will answer questions in Chinese and will help translate. Please note that English transmission is for reference only. And in case of any discrepancy, statements in the original language should prevail.
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