Pinduoduo (PDD) Tops Q2 EPS by 19c, Revenues Miss
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Pinduoduo Announces Second Quarter 2020 Unaudited Financial Results
August 21, 2020 6:00 AM EDTSHANGHAI, China, Aug. 21, 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 second quarter ended June 30, 2020.
Second Quarter 2020 Highlights
GMV1 in the twelve-month period ended June 30, 2020 was RMB1,268.7 billion (US$2179.6 billion), an increase of 79% from RMB709.1 billion in the twelve-month period ended June 30, 2019. Total... More