PDD Holdings vs Wolt

PDD Holdings Grows, Investments Weigh on Profit

PDD Holdings, parent of Temu and Pinduoduo, reported second-quarter 2026 results showing revenue growth but lower net profit due to higher investments. Q2 revenue rose 8% year-on-year to RMB 112.4 billion, driven by transaction services, while net income attributable to shareholders fell 12% to RMB 27.2 billion. Operating expenses increased as the company expanded spending on merchant subsidies, marketing, compliance, and platform development. PDD retains a strong liquidity position with RMB 456.4 billion in cash, cash equivalents and short-term investments and positive operating cash flow, and management says it prioritizes long-term platform-building over short-term profit maximization amid a complex regulatory environment.

• PDD Holdings reported Q2 2026 revenue of RMB 112.4 billion (approx. USD 16.6 billion), up 8% year-on-year.
• Net income attributable to shareholders fell 12% to RMB 27.2 billion in Q2 2026.
• Transaction services revenue increased 13% to RMB 54.7 billion; online marketing and other services generated RMB 57.6 billion.

Teads Integrates with Koddi Commerce Media Infrastructure

Teads and Koddi have announced a new integration connecting Teads' Ad Manager with Koddi's commerce media infrastructure. This partnership enables advertisers to purchase onsite retail inventory from Koddi networks in the US and Europe, including Sponsored Product Ads and display placements on merchant and commerce platforms. The integration uses the OpenRTB standard to facilitate automated exchange between demand and sell sides, eliminating the need for proprietary integrations between Teads and individual retailers. Networks such as Wolt Ads, Gopuff UK, and Hopper are among those connected. Retailers retain control over inventory, pricing, and quality standards through Koddi's SSP. This move expands Teads' programmatic retail media offerings, allowing advertisers to plan and activate retail media alongside other channels within the Teads Ad Manager.

• Teads integrates its Ad Manager with Koddi's commerce media infrastructure.
• Advertisers can purchase onsite retail inventory from Koddi networks in the US and Europe.
• The integration uses the OpenRTB standard.

Uber Eats, Wolt, Flink, Lieferando dominate German quick commerce

A YouGov study reveals that 37% of German consumers use quick commerce services for groceries and daily goods, with usage highest among younger demographics. Flink's brand awareness has doubled since 2021 to 36.5%, surpassing Wolt (33.7%) but trailing Uber Eats (50.4%). In terms of purchase consideration, Lieferando leads at around 20%, followed by Uber Eats (6.9%) and Flink (6.5%), while Wolt trails at 3%. The study highlights the growing importance of quick commerce as a regular part of digital shopping in Germany.

• 37% of German consumers use quick commerce services at least occasionally.
• Flink's brand awareness doubled from 18.1% in 2021 to 36.5% in 2026.
• Uber Eats has highest awareness at 50.4%, followed by Flink (36.5%) and Wolt (33.7%).

Wolt partners with the European Transport Safety Council to help make city streets safer for couriers, cyclists and pedestrians

The one-year partnership will see Wolt and ETSC work together on how urban road infrastructure affects the safety of people walking, cycling and motorcycling.