Search results
Nov 28, 2023 · Meituan’s profit was slightly lower than estimates. Adjusted, year-over-year (YoY) Revenue +22% to $10.6 billion versus estimate $10.6 billion. Net Income $0.5 billion. Net Margin 5%. Earnings ...
- Brendan Ahern
Nov 28, 2022 · Pinduoduo said its revenue jumped 65% to 35.50 billion yuan ($4.99 billion) in the quarter ended Sept. 30, surpassing estimates of 30.94 billion yuan, according to Refinitiv data.
Nov 28, 2023 · Today's Change. (-2.86%) -$3.35. Current Price. $113.80. Price as of November 12, 2024, 4:00 p.m. ET. The Chinese e-commerce company's third-quarter report has investors salivating. Pinduoduo (PDD ...
- What Is Pinduoduo: Social Commerce and Affiliate Marketing
- How Does Pinduoduo Work?
- Pinduoduo Statistics
- How to Start Selling on Pinduoduo
- What to Do If You're Not Based in China
- Marketing Your Brand and Products on Pinduoduo
Chinese eCommerce platformPinduoduo was founded in 2015 and offers a broad range of products—everything from day-to-day groceries to appliances for your home. As of the first quarter of 2022, Pinduoduo has 751.3 million monthly active users (Statista). This marks an increase of 3.6% from the same period of the previous year. And it's not just Pindu...
Pinduoduo operates on a customer-to-manufacturer (C2M) business model. Users can download the Pinduoduo app from the App Store or use the mini-app available within WeChat. From there, users can purchase straight from manufacturers or take part in group shopping to increase their discounts. This model puts manufacturers in control of their profit ma...
Now that you know a bit more about the platform and how it works, let's take a look at the numbers. Here are some Pinduoduo statistics you'll want to know if you're considering buying or selling on the platform. 1. 100% of Pinduoduo's revenue comes from "online marketplace services" that consist of commissions the platform makes from sales and adve...
Pinduoduo tends to focus on lesser-known brands which might seem like a prime opportunity to use the platform's innovative social commerce-driven C2M model to promote your products and increase your sales. However, if you're not a Chinese-based company, you could have a bit of trouble. Not because the platform freezes out foreign sellers, but becau...
If you're not based in China, Pinduoduo has a registration option for you, too. However, gaining an audience in China as a foreign business isn't just as easy as putting your products up on the platform and hoping for the best. Since Pinduoduo is largely based on Chinese social media, you'll need to take steps to build your online reputationon thos...
Fortunately for merchants, Pinduoduo has been developing a social eCommerce platform that makes it fun to shop online with friends. To get the most out of your Pinduoduo experience, consider using these pricing options on the platform: 1. Limited Purchase.Set up a discounted price based on a certain quantity. After that quantity has been sold, the ...
Aug 30, 2022 · Chinese e-commerce company Pinduoduo reported RMB 31.44 billion ($4.69 billion) in revenue in second-quarter earnings, a 36% growth from last year, and far exceeded the expected average of $4.1 billion, compiled by Yahoo Finance. The Nasdaq-listed company also saw an impressive 268% growth in its quarterly net income, bringing in RMB 8.9 billion.
Mar 21, 2022 · Fourth Quarter 2021 Financial Results. Total revenues were RMB27,230.9 million (US$4,273.1 million), an increase of 3% from RMB26,547.7 million in the same quarter of 2020. The increase was ...
People also ask
How does Pinduoduo make money?
Will Pinduoduo reach $34.4 billion in revenue?
How much yuan will Pinduoduo make a year?
Why did Pinduoduo's quarterly revenue beat Wall Street estimates?
How many users does Pinduoduo have?
Who are Pinduoduo's competitors?
May 26, 2021 · Total revenue more than tripled to 22.17 billion yuan ($3.47 billion) in the first quarter, boosted by Pinduoduo's online marketing services revenue. Analysts on average had expected revenue of 20 ...
