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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Pinduoduo Inc.    PDD

PINDUODUO INC.

(PDD)
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Delayed Quote. Delayed Nasdaq - 07/02 04:00:00 pm
93 USD   +8.84%
07/01PINDUODUO : China's Pinduoduo appoints Lei Chen as chief executive officer
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07/01LETTER TO PINDUODUO STAFF : Another baby step of Pinduoduo
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07/01Pinduoduo Names New CEO
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SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector news

Pinduoduo ADRs Up After 1Q Results

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05/22/2020 | 01:33pm EDT

By Michael Dabaie

 

Pinduoduo Inc. ADRs were up 11.5% to $66.92 in afternoon trading.

The Chinese e-commerce company reported first-quarter total revenue was 6.5 billion yuan ($923.8 million), up from CNY4.5 billion in the same quarter of 2019. The increase was primarily due to an increase in revenues from online marketing services, the company said.

Average monthly active users in the quarter were 487.4 million, up from 289.7 million in the year-ago period.

Active buyers in the 12-month period ended March 31 were 628.1 million, up from 443.3 million in the year-ago period.

Net loss attributable to ordinary shareholders was CNY4.1 billion ($581.8 million), compared with CNY1.9 billion in the same quarter of 2019.

Loss per ADS was CNY3.54 (50 cents), compared with CNY1.64 a year earlier.

Adjusted loss per ADS was CNY2.73 (39 cents).

 

Write to Michael Dabaie at michael.dabaie@wsj.com

 

Stocks mentioned in the article
ChangeLast1st jan.
PINDUODUO INC. 8.84% 93 Delayed Quote.125.94%
THE NEW HOME COMPANY INC. 0.63% 3.2 Delayed Quote.-31.76%
UNITED STATES DOLLAR (B) / CHINESE YUAN IN HONG KONG (USD/CNH) 0.02% 7.0659 Delayed Quote.1.58%
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Latest news on PINDUODUO INC.
07/01PINDUODUO : China's Pinduoduo appoints Lei Chen as chief executive officer
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07/01LETTER TO PINDUODUO STAFF : Another baby step of Pinduoduo
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Financials
Sales 2020 48 232 M 6 830 M 6 830 M
Net income 2020 -8 292 M -1 174 M -1 174 M
Net cash 2020 16 278 M 2 305 M 2 305 M
P/E ratio 2020 -93,0x
Yield 2020 -
Capitalization 724 B 102 B 102 B
EV / Sales 2019
EV / Sales 2020 14,7x
Nbr of Employees 5 828
Free-Float 54,6%
Chart PINDUODUO INC.
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Technical analysis trends PINDUODUO INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 33
Average target price 492,18 CNY
Last Close Price 604,17 CNY
Spread / Highest target 35,5%
Spread / Average Target -18,5%
Spread / Lowest Target -74,2%
EPS Revisions
Managers
NameTitle
Zheng Huang Chairman & Chief Executive Officer
Jun Yun Xiao Senior Vice President-Operation
Tian Xu Vice President-Finance
Lei Chen Chief Technology Officer
Zhen Wei Zheng Senior Vice President-Product Development
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