— 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
Important takeaways from Conagra Brands’ Q4 2025 report
Conagra Brands, Inc. (NYSE: CAG), a leading provider of consumer packaged goods, reported weaker-than-expected sales and adjusted earnings for its fourth quarter, reflecting ongoing economic uncertainty and muted consumer spending.
Delta Air Lines (DAL) gains on strong Q2 2025 performance
Shares of Delta Air Lines (NYSE: DAL) rose 12% on Thursday after the company delivered strong results for the second quarter of 2025 and restored its guidance for the full
CAG Earnings: Conagra Brands Q4 adj. profit drops, misses estimates
Conagra Brands, Inc. (NYSE: CAG), a leading provider of consumer packaged goods, reported lower sales and adjusted earnings for the fourth quarter of 2025. Results missed analysts' estimates. Net sales