PDD Zhao Jiazhen: Competition in new e-commerce formats intensifies, focusing on supporting merchants and industries

Zhitong
2025.08.25 12:36

On August 25th, PDD released its second-quarter financial report. In the conference call, Zhao Jiazhen, Executive Director and Co-CEO of PDD, stated that currently, the e-commerce industry is undergoing a new round of intense competition centered around new business formats. Compared to short-term performance, PDD is more focused on investments that can bring long-term returns to the industrial ecosystem. The company will continue to deeply promote the "100 Billion Support" strategy, using real financial resources to enhance user experience, optimize merchant services, and promote industrial upgrades, focusing on building a multi-win ecosystem. "We also hope to guide the industry towards a more inclusive and open direction through our own efforts, creating greater positive value for society," Zhao Jiazhen stated

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