Pinduoduo's net profit slumped 11% in the fourth quarter from a year before to CNY24.5 billion (USD3.5 billion), while revenue jumped 12% to CNY123.9 billion (USD17.7 billion), the Chinese e-commerce giant said today. The parent company of Temu also said it plans to invest CNY100 billion over the next three years to build a global self-operated brand leveraging Pinduoduo and Temu supply chains.