U.S.-listed shares of PDD Holdings (PDD) soared Tuesday after the company reported earnings that easily topped estimates. PDD stock was up 16% in recent action.

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The operator of the Chinese e-commerce platform Pinduoduo and international marketplace Temu reported a 66% revenue jump to $7.21 billion for the quarter ended June 30.

PDD Stock: PDD Jumps On Earnings Beat comes via ChinaTechNews.com.