Pinduoduo intensifies agriculture modernization drive as 1Q revenue tops estimates, users surpass 800 m

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Pinduoduo (PDD) Tops Q1 EPS by 19c

May 26, 2021 6:38 AM EDT

Pinduoduo (NASDAQ: PDD) reported Q1 EPS of ($0.23), $0.19 better than the analyst estimate of ($0.42). Revenue for the quarter came in at $3.38 billion versus the consensus estimate of $3.15 billion.

Average monthly active users2 in the quarter was 724.6 million, an increase of 49% from 487.4 million... More