Pinduoduo (PDD) Misses Q1 EPS by 2c, Revenues Beat

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Pinduoduo Announces Fourth Quarter and Fiscal Year 2018 Results

March 13, 2019 6:51 AM EDT

SHANGHAI, China, March 13, 2019 (GLOBE NEWSWIRE) -- Pinduoduo Inc. ("Pinduoduo" or the "Company") (NASDAQ: PDD), an innovative and fast growing new e-commerce platform and one of the leading Chinese e-commerce players, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2018. 

Fourth Quarter 2018 Highlights

GMV1 in the twelve-month period ended December 31, 2018 was RMB471.6 billion (US$268.6 billion), an increase of 234% from RMB141.2 billion in the twelve-month period ended December 31, 2017.
 Total... More

Pinduoduo Announces Fourth Quarter and Fiscal Year 2018 Results

March 13, 2019 6:50 AM EDT

SHANGHAI, China, March 13, 2019 (GLOBE NEWSWIRE) -- Pinduoduo Inc. ("Pinduoduo" or the "Company") (NASDAQ: PDD), an innovative and fast growing new e-commerce platform and one of the leading Chinese e-commerce players, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2018. 

Fourth Quarter 2018 Highlights

GMV1 in the twelve-month period ended December 31, 2018 was RMB471.6 billion (US$268.6 billion), an increase of 234% from RMB141.2 billion in the twelve-month period ended December 31, 2017.  Total revenues3 in the quarter were... More