Pinduoduo (PDD) Misses Q4 EPS by 5c
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Pinduoduo Announces Fourth Quarter and Fiscal Year 2020 Unaudited Financial Results
March 17, 2021 6:40 AM EDTSHANGHAI, China, March 17, 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 fourth quarter and the fiscal year ended December 31, 2020.
Fourth Quarter 2020 Highlights
GMV1 in the twelve-month period ended December 31, 2020 was RMB1,667.6 billion (US$2255.6 billion), an increase of 66% from RMB1,006.6 billion in the twelve-month period ended December 31, 2019.Total revenues in the quarter... More