Pinduoduo (PDD) Reports Q2 EPS of RMB7.54

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Go back to Pinduoduo (PDD) Reports Q2 EPS of RMB7.54

Pinduoduo Announces Second Quarter 2022 Unaudited Financial Results

August 29, 2022 6:30 AM EDT

SHANGHAI, China, Aug. 29, 2022 (GLOBE NEWSWIRE) -- Pinduoduo Inc. (Pinduoduo or the Company) (NASDAQ: PDD), Chinas largest agriculture platform, today announced its unaudited financial results for the second quarter ended June 30, 2022.

Second Quarter 2022 Highlights

Total revenues in the quarter were RMB31,439.6 million (US$14,693.8 million), an increase of 36% from RMB23,046.2 million in the same quarter of 2021.Operating profit in the quarter was RMB8,697.2 million (US$1,298.5 million), an increase of 335% from RMB1,997.5 million in the same quarter of 2021.... More