---
title: "Pinduoduo Shifts Toward Supply Chain Focus Amid Q1 Profit Decline"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288371845.md"
description: "Pinduoduo's Q1 revenue grew 11% YoY to RMB 106.2 billion, while net profit fell 15%, underscoring its pivot to transaction services."
datetime: "2026-06-02T06:01:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288371845.md)
  - [en](https://longbridge.com/en/news/288371845.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288371845.md)
---

# Pinduoduo Shifts Toward Supply Chain Focus Amid Q1 Profit Decline

Pinduoduo (NASDAQ: PDD) reported Q1 2026 revenue of RMB 106.2 billion, marking an 11% rise year-on-year. However, net profit slid 15% to RMB 12.5 billion as the company reallocated investments toward logistics and supply chain development.

Transaction services emerged as the primary income source, accounting for 53% of revenue, signaling Pinduoduo’s strategic shift from growth-driven metrics to long-term value cultivation.

The stock closed at $87.24, up 3.6% from the previous session, amid mixed analyst expectations for future competitive positioning.

_This article does not constitute investment advice._

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