Pinduoduo (PDD) Reports Q3 Revenues of RMB 21.5B, Adjusted Net Income of RMB 3.15B

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Pinduoduo Announces Third Quarter 2021 Unaudited Financial Results

November 26, 2021 6:33 AM EST

SHANGHAI, China, Nov. 26, 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 third quarter ended September 30, 2021.

Third Quarter 2021 Highlights

Total revenues in the quarter were RMB21,505.8 million (US$13,337.6 million), an increase of 51% from RMB14,209.8 million in the same quarter of 2020.Average monthly active users2 in the quarter was 741.5 million, an increase of 15% from 643.4 million... More