Pinduoduo Announces First Quarter 2019 Unaudited Financial Results
PDD Holdings Inc. - American Depositary Shares (PDD)
Company Research
Source: GlobeNewswire
SHANGHAI, China, May 20, 2019 (GLOBE NEWSWIRE) -- Pinduoduo Inc. ("Pinduoduo" or the "Company") (NASDAQ: PDD), an innovative and fast growing “new e-commerce” platform and one of the leading Chinese e-commerce players, today announced its unaudited financial results for the first quarter ended March 31, 2019. First Quarter 2019 Highlights GMV1 in the twelve-month period ended March 31, 2019 was RMB557.4 billion (US$2 83.1 billion), an increase of 181% from RMB198.7 billion in the twelve-month period ended March 31, 2018. Total revenues in the quarter were RMB4,545.2 million (US$677.3 million), an increase of 228% from RMB1,384.6 million in the same quarter of 2018. Average monthly active users3 in the quarter were 289.7 million, an increase of 74% from 166.2 million in the same quarter of 2018. Active buyers4 in the twelve-month period ended March 31, 2019 were 443.3 million, an increase of 50% from 294.9 million in the twelve-month period ended March 31, 2018. Annual spending pe
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PDD
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PDD
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- 11/21/24 - Form 6-K
- 10/22/24 - Form SC
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- PDD's page on the SEC website