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Nov 30, 2023 · This high-growth Chinese e-commerce company still has a lot of upside potential. Pinduoduo 's (PDD -0.14%) stock surged 18% on Nov. 28 after the Chinese e-commerce giant posted its third-quarter ...
- It's Outperforming Its Larger Peers
- But It Eliminated Two Key Growth Metrics
- Improving Scale and Profitability
- Is It Time to Buy Pinduoduo?
Pinduoduo's revenue grew at its fastest rate in three quarters, which suggests it's bucking the economic slowdown in China. By comparison, JD.com's (JD-1.18%) and Alibaba Group Holding's (BABA-1.52%)Chinese commerce units both struggled with decelerating revenue growth over the past year. During the second quarter, Pinduoduo generated 80% of its re...
Pinduoduo's revenue growth is impressive, but it notably stopped reporting its year-over-year growth in monthly active users (MAUs) and active buyers in the second quarter. The abrupt omission of those two core growth metrics, which the company didn't even address during its conference call, is a bit frustrating. Data source: Pinduoduo. *Not availa...
Pinduoduo was deeply unprofitable until 2021, when it turned profitable by reining in its spending and phased out its first-party merchandise sales. Its operating margins and net profits continued to rise in the first half of 2022. Data source: Pinduoduo. FY = fiscal year. 1H = first half. By comparison, JD Retail reported a slim operating margin o...
Pinduoduo's valuations still look surprisingly reasonable for three reasons: Investors are still largely bearish on e-commerce stocksin a post-lockdown world, rising rates are keeping them away from higher-growth tech stocks, and the delisting concerns have cast a dark cloud over all Chinese equities. U.S. and Chinese regulators recently made some ...
Jun 1, 2022 · The Chinese e-commerce company's growth is cooling off. Pinduoduo 's (PDD 0.08%) stock rallied 15% on May 27 after the Chinese e-commerce company posted its first-quarter earnings report. Its ...
Nov 29, 2022 · The Chinese stock market is having a rough 2022. For the year, the S&P 500 cash index is lower by nearly 17% (3,970). The iShares China Large-Cap ETF FXI is off by 26% and the KraneShares CSI ...
- Joel Elconin
2 days ago · PDD Holdings Inc. (NASDAQ:PDD) issued its quarterly earnings data on Monday, August, 26th. The company reported $23.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.66 by $20.58. The business's revenue for the quarter was up 85.7% on a year-over-year basis.
- investor@pinduoduo.com
- (531) 539-7938
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Aug 29, 2022 · News from the Q2 earnings report has PDD stock seeing heavy trading on Monday. As of this writing, more than 17 million shares of the company’s stock have been traded. To put that in perspective ...
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It focuses on bringing businesses and people into the digital economy. The company was formerly known as Pinduoduo Inc. and changed its name to PDD Holdings Inc. in February 2023. The company was ...
