Categories Earnings, Technology

Pinduoduo (PDD): Q4 2019 Earnings Snapshot

— Pinduoduo Inc. (NASDAQ: PDD) reported Q4 2019 adjusted net loss per ADS of RMB0.72 ($0.12) vs. RMB1.72 in the same period last year.

— Revenues grew 91% to RMB10.7 billion ($1.5 billion) versus last year.  

— GMV in the twelve-month period ended December 31, 2019 was RMB1,006.6 billion ($144.6 billion), up 113% from the same period last year.

— Average monthly active users were 481.5 million, an increase of 77% from last year.

— Active buyers in the twelve-month period ended December 31, 2019 were 585.2 million, up 40% from the same period last year.

— Annual spending per active buyer in the twelve-month period ended December 31, 2019 was RMB1,720.1 ($247.1), up 53% from the same period last year.

— Revenues from online marketing services were RMB9,686.7 million ($1,391.4 million), an increase of 91% from the prior-year quarter.

— Revenues from transaction services were RMB1,106 million ($158.9 million), an increase of 87% from last year.

— PDD shares were down 4.4% in premarket hours on Wednesday.

Get access to timely and accurate verbatim transcripts that are published within hours of the event.

Most Popular

Key highlights from Deere & Co.’s (DE) Q4 2024 earnings results

Deere & Company (NYSE: DE) reported its fourth quarter 2024 earnings results today. Worldwide net sales and revenues decreased 28% year-over-year to $11.14 billion. Net income was $1.24 billion, or

NVDA Earnings: Nvidia Q3 profit jumps, beats estimates

NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues

Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance

Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top