Pinduoduo (PDD) Misses Q1 EPS by 12c, Revenue Beats
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Pinduoduo Announces First Quarter 2020 Unaudited Financial Results
May 22, 2020 6:31 AM EDTSHANGHAI, China, May 22, 2020 (GLOBE NEWSWIRE) -- Pinduoduo Inc. ("Pinduoduo" or the "Company") (NASDAQ: PDD), an innovative and fast growing technology platform and one of the leading Chinese e-commerce players, today announced its unaudited financial results for the first quarter ended March 31, 2020.
First Quarter 2020 Highlights
GMV1 in the twelve-month period ended March 31, 2020 was RMB1,157.2 billion (US$2163.4 billion), an increase of 108% from RMB557.4 billion in the twelve-month period ended March 31, 2019.... More