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1 day ago · Its Pinduoduo app also continues to grow in China. By mid-2023, Pinduoduo had seen its e-commerce market share rise to 19% from 7.2% in 2019, according to Chinese analytics firm Yinma Data Research.
3 days ago · On May 22, Pinduoduo (spons ADRs) is presenting latest earnings. Analysts predict Pinduoduo (spons ADRs) will report earnings per share of CNY 10.49. Go here to track Pinduoduo (spons ADRs) stock ...
1 day ago · Pinduoduo said net profit for the first three months of 2024 was $3.88 billion, up 246 percent from the same period last year. The Shanghai-based firm added that sales in the first quarter were ...
1 day ago · On Thursday, Pinduoduo Inc. (NASDAQ: PDD) shares received a positive evaluation from Benchmark, as the firm raised its price target for the company's shares from $220.00 to $230.00. The analyst ...
1 day ago · Pinduoduo is one of China’s leading online retailers — owing largely to its success in reaching consumers in rural areas with a diverse offering of low-cost products. The company’s overseas platform, Temu, has surged since its September 2022 launch to become one of the most popular online shopping sites in the US, propelled by a marketing ...
1 day ago · Pinduoduo's revenue reached 68.84 billion yuan in Q3, 2023, a 93.9% increase from the same period last year, nearly doubling, and a net increase of nearly 16.6 billion yuan from 52.281 billion yuan in the second quarter, far exceeding market expectations.
1 day ago · Pinduoduo attributed this to increases in its online marketing services and transaction services. 2. Higher income from operations. Its operating profit for Q1 2024 was at US$3.6 billion, marking ...
