Why These 15 E-Commerce Stocks Are Skyrocketing So Far In 2025

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10. PDD Holdings Inc (NASDAQ:PDD)

Number of Hedge Fund Holders In Q4 2024: 85

PDD Holdings Inc (NASDAQ:PDD) is an e-commerce company that owns Pinduoduo and Temu.

The stock is up significantly so far in 2025 as PDD reported a 44% year-over-year revenue growth in its latest earnings. Revenue reached RMB99.4 billion. Plus, gross profit margins remained robust. U.S.-China trade relations have also eased after Trump reinstated De Minimis exemptions. This means smaller Temu orders remain outside the scope of tariffs.

Besides Trump being softer on his tariffs policy, the company is also gaining from Temu moving a significant amount of its fulfillment operations to U.S.-based facilities. This would cut shipping costs and delivery times.

The consensus price target of $173.4 implies 46.17% upside.

PDD is up 23.74% year-to-date.

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