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PDD Holdings reported Q1 revenue of RMB 106.2 billion—has its share price already hit bottom?

On May 27, $PDD Holdings (PDD.US)$ PDD Holdings released its Q1 results, reporting revenue of RMB 106.2 billion, an 11% year-over-year incre Show More
On May 27, $PDD Holdings (PDD.US)$ PDD Holdings released its Q1 results, reporting revenue of RMB 106.2 billion, an 11% year-over-year increase, below the market expectation of RMB 108.602 billion; net income attributable to ordinary shareholders was RMB 12.5 billion, down 15% year-over-year. Following the earnings release, PDD Holdings’ pre-market share price dropped nearly 6%. What’s your take on PDD Holdings’ earnings? What’s your trading strategy after the results?
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