Pinduoduo (PDD) Tops Q3 EPS by 12c, Revenues Beat

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Pinduoduo Announces Third Quarter 2020 Unaudited Financial Results

November 12, 2020 5:00 AM EST

SHANGHAI, China, Nov. 12, 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 third quarter ended September 30, 2020.

Third Quarter 2020 Highlights

GMV1 in the twelve-month period ended September 30, 2020 was RMB1,457.6 billion (US$2214.7 billion), an increase of 73% from RMB840.2 billion in the twelve-month period... More