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Pinduoduo (PDD) Reports Q2 EPS of RMB2.85

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Pinduoduo Announces Second Quarter 2021 Unaudited Financial Results

August 24, 2021 7:21 AM EDT

SHANGHAI, China, Aug. 24, 2021 (GLOBE NEWSWIRE) -- Pinduoduo Inc. (Pinduoduo or the Company) (NASDAQ: PDD), Chinas largest agriculture and interactive commerce platform, today announced its unaudited financial results for the second quarter ended June 30, 2021.

Second Quarter 2021 Highlights

Total revenues in the quarter were RMB23,046.2 million (US$113,569.4 million), an increase of 89% from RMB12,193.3 million in the same quarter of 2020.Average monthly active users2 in the quarter was 738.5 million, an increase of 30% from 568.8... More