PDD Holdings Inc (NASDAQ:PDD) reported a significant year-on-year revenue growth of 123% in Q4 fiscal 2023, reaching $12.52 billion and surpassing consensus estimates of $11.01 billion. Adjusted earnings per ADS rose to $2.40, beating the consensus of $1.60. The company saw a 57% increase in online marketing services revenue and a 357% jump in transaction services revenue. PDD's adjusted operating profit grew by 112% to $3.46 billion. The company ended the quarter with $30.6 billion in cash and equivalents. PDD shares surged 15.7% in premarket trading. Investors can also gain exposure to PDD through the Global X MSCI China Consumer Discretionary ETF (NYSE:CHIQ) and the Invesco China Technology ETF (NYSE:CQQQ).