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2021-11-29

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Pinduoduo shares tumbled nearly 11% in premarket trading after announcing its financial results for Q3.

Pinduoduo shares tumbled nearly 11% in premarket trading after announcing its financial results for

Pinduoduo shares tumbled nearly 11% in premarket trading after announcing its financial results for Q3.

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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPinduoduo shares tumbled nearly 11% in premarket trading after announcing its financial results for Q3.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-26 19:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Pinduoduo&nbsp;shares&nbsp;tumbled&nbsp;nearly&nbsp;11%&nbsp;in&nbsp;premarket&nbsp;trading&nbsp;after announcing its financial results for Q3.<img src=\"https://static.tigerbbs.com/abc192c299964e693181759ea0d46ce5\" tg-width=\"878\" tg-height=\"602\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Third Quarter 2021 Highlights</b></p>\n<ul>\n <li><b>Total revenues</b>&nbsp;in the quarter were RMB21,505.8 million, an increase of 51% from RMB14,209.8 million in the same quarter of 2020.</li>\n <li><b>Average monthly active users</b>&nbsp;in the quarter was 741.5 million, an increase of 15% from 643.4 million in the same quarter of 2020.</li>\n <li><b>Active buyers</b>&nbsp;in the twelve-month period ended September 30, 2021 was 867.3 million, an increase of 19% from 731.3 million in the twelve-month period ended September 30, 2020.</li>\n <li><b>Operating profit</b>&nbsp;in the quarter was RMB2,139.3 million, compared with operating loss of RMB1,295.7 million in the same quarter of 2020.<b>Non-GAAP4&nbsp;operating profit</b>&nbsp;in the quarter was RMB3,260.7 million (US$506.1 million), compared with non-GAAP operating loss of RMB339.8 million in the same quarter of 2020.</li>\n <li><b>Net income attributable to ordinary shareholders</b>&nbsp;in the quarter was RMB1,640.0 million, compared with net loss of RMB784.7 million in the same quarter of 2020.<b>Non-GAAP net income attributable to ordinary shareholders</b>&nbsp;in the quarter was RMB3,150.2 million (US$488.9 million), compared with RMB466.4 million in the same quarter of 2020.</li>\n</ul>\n<p>For the third quarter, the Zacks Consensus Estimate for sales is pegged at $4.31 billion.</p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PDD":"拼多多"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178539231","content_text":"Pinduoduo shares tumbled nearly 11% in premarket trading after announcing its financial results for Q3.\nThird Quarter 2021 Highlights\n\nTotal revenues in the quarter were RMB21,505.8 million, an increase of 51% from RMB14,209.8 million in the same quarter of 2020.\nAverage monthly active users in the quarter was 741.5 million, an increase of 15% from 643.4 million in the same quarter of 2020.\nActive buyers in the twelve-month period ended September 30, 2021 was 867.3 million, an increase of 19% from 731.3 million in the twelve-month period ended September 30, 2020.\nOperating profit in the quarter was RMB2,139.3 million, compared with operating loss of RMB1,295.7 million in the same quarter of 2020.Non-GAAP4 operating profit in the quarter was RMB3,260.7 million (US$506.1 million), compared with non-GAAP operating loss of RMB339.8 million in the same quarter of 2020.\nNet income attributable to ordinary shareholders in the quarter was RMB1,640.0 million, compared with net loss of RMB784.7 million in the same quarter of 2020.Non-GAAP net income attributable to ordinary shareholders in the quarter was RMB3,150.2 million (US$488.9 million), compared with RMB466.4 million in the same quarter of 2020.\n\nFor the third quarter, the Zacks Consensus Estimate for sales is pegged at $4.31 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":816,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}

Pinduoduo shares tumbled nearly 11% in premarket trading after announcing its financial results for Q3.

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