PDD Holdings' international e-commerce platform, Temu, has continued its rapid global expansion, with cumulative downloads surpassing 1.2 billion by the end of October 2025. Data from market intelligence firm Sensor Tower indicates that Temu ranked as the top global e-commerce application in terms of both downloads and monthly active user growth from January to October 2025. This sustained growth momentum is a significant development for PDD Holdings, as Temu's performance is closely watched by investors as a key indicator of the company's future growth prospects. The platform's global monthly active users reached a new high of 530 million in August 2025, underscoring its increasing market penetration across regions including North America, Latin America, the Middle East, Africa, and Asia.