During the latest earnings call held on the evening of August 24, PDD Holdings Inc Co-Chairman and Co-CEO Chen Lei highlighted that regulatory policies and compliance requirements across global markets have undergone significant transformations this year. These shifts have introduced considerable difficulties, challenges, and opportunities for the company's international operations, along with substantial responsibilities.
Chen noted that PDD Holdings Inc now stands at a crossroads of global economic and trade activity, facing pressure from diverse regulatory frameworks in various markets. At the same time, the company occupies a uniquely pivotal position, given its connection to the daily lives of billions of people worldwide. This creates vast room for growth while imposing higher expectations on the organization.
Chen stated that the company's current development trajectory remains stable, with a solid transition underway and a new phase already initiated. He emphasized ongoing efforts to strengthen compliance capabilities, refine platform governance rules, and maintain a steadfast commitment to supply chain investments. By steadily advancing supply chain upgrades, the company aims to deliver a shopping platform that offers long-term stability, competitive pricing, reliable quality, and trustworthy service to global consumers.