Pinduoduo (PDD) Tops Q3 EPS, Revenue

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PDD Announces Third Quarter 2022 Unaudited Financial Results

November 28, 2022 6:30 AM EST

SHANGHAI, Nov. 28, 2022 (GLOBE NEWSWIRE) -- PDD (the Company) (NASDAQ: PDD), today announced its unaudited financial results for the third quarter ended September 30, 2022.

Third Quarter 2022 Highlights

Total revenues in the quarter were RMB35,504.3 million (US$1 4,991.1 million), an increase of 65% from RMB21,505.8 million in the same quarter of 2021.Operating profit in the quarter was RMB10,436.6 million (US$1,467.2 million), an increase of 388% from RMB2,139.3 million in the same quarter of 2021.... More