PDD Holdings soars on Q4 results beat

** U.S.-listed shares of PDD Holdings PDD, which operates low-cost e-commerce marketplaces in China and internationally, rise 13.1% to $144.50 premarket

** Co reports Q4 revenue of 88.88 bln yuan ($12.35 bln), above Wall Street view of 79.23 bln yuan - LSEG data

** PDD posts quarterly adj. earnings per ADS of 17.32 yuan, beating average analysts' estimates of 11.45 yuan

** Upbeat results driven by robust user growth and sales on its global platform, Temu

** 43 of 45 brokerages rate the stock "buy" or higher, two "hold"; their median PT is $172

** Up to Tuesday's close, stock had fallen 12.7% YTD; compared with a near 80% increase in 2023