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Pinduoduo released Q1 financial report: Q1 revenue is 23.8 billion, up 7% from the same period last year.
On May 27th, Pinduoduo released his first-quarter results for 2022. As of March 31, 2022, the number of multi-year active buyers reached 881.9 million, an increase of 7% over the same period last year. In this quarter, the average number of monthly active users of Pinduoduo APP reached 751.3 million, up 4 per cent from a year earlier. In the first quarter, Pinduoduo's revenue was 23.8 billion yuan, an increase of 7 percent over the same period last year. The operating profit under American general accounting standards is 2.2 billion yuan. "the increase in revenue in the quarter was mainly due to the growth of platform merchant activity and transaction volume. Liu Xi, vice president of finance at Pinduoduo, said that under the premise of slowing user growth, the platform has been in the past few quarters.
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Pinduoduo (PDD) Stock Price: Why It Rose Over 9% Today
The stock price of Pinduoduo Inc (NASDAQ: PDD) increased by over 9% pre-market today. This is why. The stock price of Pinduoduo Inc (NASDAQ: PDD) increased by over 9% pre-market today. Investors are
Live broadcast | Pinduoduo's Q1 performance call in 2022
Pinduoduo's Q1 revenue was 23.794 billion yuan, an increase of 7 percent over the same period last year.
Pinduoduo's Q1 revenue is 23.8 billion, an increase of 7% over the same period last year, and the re-investment technology and agricultural strategy are gradually showing results.
Pinduoduo released his first quarter 2022 results.
Pinduoduo: Q1 Earnings Insights
Pinduoduo (NASDAQ:PDD) reported its Q1 earnings results on Friday, May 27, 2022 at 07:00 AM. Here's what investors need to know about the announcement. Earnings Pinduoduo beat estimated earnings by 88
Pinduoduo Swings to Adjusted Profit in Q1 as Revenue Rises; Shares Rise Pre-Bell
06:50 AM EDT, 05/27/2022 (MT Newswires) -- Pinduoduo (PDD) reported Q1 non-GAAP earnings Friday of 2.95 ($0.47) Chinese renminbi per diluted American depositary share ($0.47), compared with a loss of
Pinduoduo stock surges after big profit and revenue beats, as gross margin improves sharply
The U.S. listed shares of Pinduoduo Inc. (PDD) charged 9.5% higher in premarket trading Friday, after the China-based mobile marketplace reported first-quarter profit and revenue that rose well abo
Pinduoduo (PDD.US) released Q1 financial report: research and development investment increased by 20% over the same period last year, and technology has become a new engine of growth.
On May 27th, Pinduoduo (PDD.US) released his first-quarter 2022 results. According to the financial report, Pinduoduo's marketing expenses for the current quarter were 11.2 billion yuan under general accounting standards, down 14 percent from the same period in 2021. Under the helm of Chen Lei, chairman and CEO of Pinduoduo, Pinduoduo has continuously cut back on marketing over the past year, reinvesting in technology and agriculture, and gradually moving towards more robust and sustainable growth. Pinduoduo's revenue in the quarter was 23.8 billion yuan, up 7% from a year earlier. The operating profit under American general accounting standards is 2.2 billion yuan. The cost of research and development is 2.7 billion yuan, compared with 2.2 billion in the same period in 2021.
Pinduoduo Q1 Adj. EPS $0.47 Beats $0.25 Estimate, Sales $3.75B Beat $3.05B Estimate
Pinduoduo (NASDAQ:PDD) reported quarterly earnings of $0.47 per share which beat the analyst consensus estimate of $0.25 by 88 percent. This is a 304.35 percent increase over losses of $(0.23) per sha