PDD Holdings Exec Says Due To Changes In EU Customs Duties, Will Have Considerable Impact On Our Cross Border Business In The Short Term; Over Medium To Long Term We Will Broaden Supply Of Local Products And Expand The Coverage Of Local Fulfilment; In The Short Term, Cross-Border Orders In The Affected Markets Will Face Lower Fulfillment Efficiency And Higher Costs

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PDD Holdings Exec Says Due To Changes In EU Customs Duties, Will Have Considerable Impact On Our Cross Border Business In The Short Term; Over Medium To Long Term We Will Broaden Supply Of Local Products And Expand The Coverage Of Local Fulfilment; In The Short Term, Cross-Border Orders In The Affected Markets Will Face Lower Fulfillment Efficiency And Higher Costs | WAPE

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