Revenue segments as reported by the company.

Online marketing services

Transaction services

Merchandise sales

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Sales and marketing expenses

General and administrative expenses

Research and development expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Pinduoduo Inc - ADR

Pinduoduo, Inc. operates as a holding company, which engages in the development and management of an e-commerce platform. Its Pinduoduo mobile application offers a selection of merchandise for buyer acquisition and engagement. The company was founded by Hua Lin Cai and Zheng Huang on April 20, 2015 and is headquartered in Shanghai, China.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Pinduoduo Inc reports strong Q4 earnings, focuses on innovation and growth

Pinduoduo Inc's Q4 2022 earnings call highlighted impressive revenue growth, strategic investments in R&D, and a focus on consumer engagement and ecosystem support.
The company's emphasis on agriculture initiatives and the introduction of Temu reflect its commitment to innovation, sustainability, and long-term value creation.
While facing challenges in managing competition, expenses, and global expansion, Pinduoduo Inc is well-positioned to capitalize on opportunities for growth and market leadership.

Pinduoduo reports stellar Q1 results, focuses on quality growth

Pinduoduo's Q1 2023 earnings reflect strong financial performance and strategic focus on quality growth, sustainability, and innovation. While challenges from industry competition persist, the company's emphasis on consumer-centricity and continuous improvement positions it well for future success and market differentiation.

Pinduoduo reports robust Q2 earnings, focuses on innovation and growth

Pinduoduo's Q2 2023 performance reflects strong revenue growth, profitability, and strategic investments in innovation and merchant support. The company's financial position remains robust, providing a solid foundation for future expansion and development. While facing challenges in a competitive landscape, Pinduoduo is well-positioned to leverage opportunities in consumer demand and innovation.

Pinduoduo Inc (PDD) reports exceptional Q3 earnings and global expansion

Pinduoduo Inc (PDD) delivered stellar Q3 2023 results with notable revenue growth, strong financial performance, and a focus on innovation and social responsibility. The company's strategic priorities include high-quality development, consumer satisfaction, and global expansion. While facing challenges in a competitive landscape, Pinduoduo is well-positioned to seize opportunities for growth and market leadership.

Pinduoduo reports stellar Q4 earnings, eyes global expansion and innovation

Pinduoduo's Q4 2023 performance reflects robust revenue growth and profitability, underpinned by strategic investments in technology innovation and global expansion.
While facing challenges in managing operating expenses and market expansion, the company's strengths in high-quality development and long-term value creation position it well for future success.
Opportunities abound for Pinduoduo to capitalize on its strong financial foundation, expand globally, and drive innovation to maintain its competitive edge in the e-commerce landscape.

Pinduoduo Inc reports stellar Q1 earnings amidst strategic investments

Pinduoduo Inc's Q1 2024 earnings call highlights exceptional financial performance, operational efficiency, and strategic investments in growth areas.
While facing challenges in competition, compliance, and global expansion, the company is well-positioned to capitalize on opportunities for further growth and market leadership.
With a focus on innovation, sustainability, and profitability, Pinduoduo Inc demonstrates resilience and a strategic vision for long-term success in the dynamic market landscape.

Pinduoduo Inc reports stellar Q2 results, focuses on high-quality development

Pinduoduo's Q2 2024 performance reflects strong revenue growth and a strategic focus on high-quality development. While profitability may face short-term pressure due to increased investments, the company's emphasis on supporting top-tier merchants and enhancing the platform ecosystem positions it well for future growth.

Pinduoduo Inc reports solid Q3 results amidst e-commerce competition

Pinduoduo Inc's Q3 2024 performance reflected revenue growth and strategic investments in ecosystem development for long-term sustainability.
While facing challenges from intensified competition and profitability pressures, PDD's focus on cost-saving initiatives and quality enhancement programs showcases resilience.
Opportunities lie in leveraging ecosystem investments, consumer preferences, and market trends to drive innovation, growth, and value creation for stakeholders.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

PDD Holdings, Inc. is a multinational commerce group that owns and operates a portfolio of businesses. The company aims to bring more businesses and people into the digital economy so that local communities and small businesses can benefit from increased productivity and new opportunities. It has built a network of sourcing, logistics, and fulfillment capabilities, that support its underlying businesses. PDD Holdings was founded by Hua Lin Cai and Zheng Huang in 2015 and is headquartered in Dublin, Ireland.

The average of price targets set by Wall Street analysts indicates a potential upside of 33.7% in PDD Holdings Inc. (PDD). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Predict a 33.74% Upside in PDD Holdings Inc. (PDD): Here's What You Should Know

ACV Auctions

Rover Group

Prospects in the Electronic Commerce industry continue to improve in 2023, with the back-to-store trend receding and Gen-Z driven social commerce accelerating. Efficient cost management seems a common theme amongst the winners.

3 Picks from a Strengthening E-commerce Industry

PDD Holdings (Pinduoduo) is a high-growth Chinese e-commerce company with a unique group buying business model and strong financials, making it a compelling investment option. The company's expansion efforts, product availability, and success in verticals like Duoduo Grocery and Temu are key catalysts for continued growth. PDD faces risks from industry regulation and competition, but its position in the growing Chinese e-commerce market and potential in new verticals make it a good growth stock for investors.

PDD Holdings: The Next Generation Of E-Commerce In Asia

AGCO

A10 Networks

Duckhorn Portfolio

OpGen

Do you have more faith in DuPont analysis than simple ROE calculation? Tap PDD Holdings Inc. (PDD), OpGen (OPGN), AGCO (AGCO), A10 Networks (ATEN) and The Duckhorn Portfolio (NAPA).

Bet on DuPont Analysis to Pick 5 Stocks for Stellar Returns

Amphastar Pharma

Axon Enterprise

Tecnoglass

PDD Holdings Inc. (PDD), Tecnoglass (TGLS), Amphastar Pharmaceuticals (AMPH) and Axon Enterprise (AXON) have been selected as the top picks with a high net income ratio.

4 Top-Ranked Profitable Stocks to Buy Using Net Income Ratio

Global X MSCI Argentina ETF

Global X Copper Miners ETF

First Trust Natural Gas ETF

iShares Latin America 40 ETF

KraneShares CSI China Internet ETF

Li Auto Inc.

NetEase

VanEck Vectors Oil Services ETF

VanEck Vectors Steel ETF

Vipshop Hlds

Energy Select Sector SPDR Fund

SPDR S&P Oil & Gas Exploration & Production ETF

Emerging markets and commodities are showing strength amid a weak USD, which has a historical negative correlation with these sectors. Risk-on currencies like the Australian Dollar and Canadian Dollar have broken out against the USD, providing a supportive backdrop for emerging markets and commodities. If the USD breaks below its support, it could lead to a further decline, potentially triggering powerful uptrends in commodity and emerging market stocks.

Under The Radar Strength In Commodity And Emerging Market Stocks (Technical Analysis)

Alibaba

JD.com

Chinese stocks are on the rise Thursday as investors react to a couple of pieces of news out of the country. The first bit worth noting is Alibaba (NYSE: BABA ) announcing plans to expand its business to Europe.

Why Are Chinese Stocks BABA, JD, PDD Up Today?

Baidu

iQIYI

Chinese stocks are on the move Tuesday as investors react to two pieces of news coming from the country. The first bit that has Chinese stock investors excited is rumors of a new stimulus package.

Why Are Chinese Stocks BABA, BIDU, JD, IQ, PDD Up Today?

PDD Holdings Inc. (PDD) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, PDD broke through the 200-day moving average, which suggests a long-term bullish trend.

PDD Holdings Inc. (PDD) Crossed Above the 200-Day Moving Average: What That Means for Investors

The mean of analysts' price targets for PDD Holdings Inc. (PDD) points to a 43.5% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

How Much Upside is Left in PDD Holdings Inc. (PDD)? Wall Street Analysts Think 43.51%

PDD Holdings is poised for continued profitable growth due to its scale, operating leverage, and competitive company culture, with a strong cash balance and significant operating cash flow. The company's corporate structure poses risks related to its Variable Interest Entity (VIE) and restricted cash, but improving profitability is loosening those risks. PDD's highly competitive culture, driven by its founder-led team and PDD Partnership program, positions it for long-term success and potential expansion of its platforms.

PDD Holdings: Internal Competitive Culture Can Fend Off External Competitors

NEW YORK , June 2, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of PDD Holdings Inc. f/k/a Pinduoduo Inc. (NASDAQ: PDD) resulting from allegations that PDD may have issued materially misleading business information to the investing public. SO WHAT: If you purchased PDD securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, LEADING LAW FIRM, Encourages PDD Holdings Inc. f/k/a Pinduoduo Inc. Investors to Inquire About Securities Class Action Investigation - PDD

The U.S.-listed stock of Chinese companies moved mostly lower early Wednesday, after weak manufacturing data. China's official manufacturing purchasing managers index fell to 48.8 in May, from 49.2 in April, the National Bureau of Statistics said Wednesday.

Chinese ADRs slump premarket after weaker-than-expected manufacturing data

Chinese e-commerce giant PDD Holdings NASDAQ: PDD, which just reported strong earnings results, is looking to disrupt the US fast-fashion market with its new app targeted at the international market, Temu.

Can PDD Holdings' Temu Rival Shein? A $22 Billion Opportunity

Last quarter's results were much better than expected.

Is Pinduoduo Coming After Alibaba's Lunch?

Apple

Caterpillar

Celsius Holdings

Salesforce

Cisco Systems

Chevron

Direxion Daily Gold Miners Index Bear 2X Shares

Enphase Energy

BMO REX MicroSectors FANG+ Index 3X Leveraged ETN

Home Depot

Honeywell

Noble Corp PLC

Northern Oil and Gas

Direxion Daily Semiconductor Bull 3x Shares

Direxion Daily Technology Bull 3x Shares

Travelers

Walmart

Two new Breakout Stocks for Week 22 with better than 10% short-term upside, ETF updates and one Dow 30 pick. Average cumulative returns for 2023 are +79.6% YTD. Last week we had peak gains in GLOB +15.9%, RBBN +5.6% and ATEX +5.7%. The Active ETF portfolio continues with YTD gains at +5.64%.

June MDA Breakout Stocks/ETFs Week 22 - 2023: High-Frequency Gainers To Give You An Edge

The U.S.-listed shares of China-based companies enjoyed a broad rally Friday, fueled by a big rally in shares of PDD Holdings Inc. after the mobile marketplace company's first-quarter results beat by wide margins.

Formerly Pinduoduo, PDD's stock surge fuels broad bounce in U.S.-listed shares of China-based companies

PDD Holdings Inc. (NASDAQ:PDD ) Q1 2023 Earnings Conference Call May 26, 2023 7:30 AM ET Company Participants Lei Chen - Chairman and Co-Chief Executive Officer Jiazhen Zhao - Executive Director and Co-Chief Executive Officer Jun Liu - VP of Finance Conference Call Participants Joyce Ju - Bank of America Natalie Wu - Haitong International Kenneth Fong - Credit Suisse Operator Ladies and gentlemen, thank you for standing by, and welcome to PDD Holdings, Inc. First Quarter 2023 Earnings Conference Call. [Operator Instructions] I must advise you that this conference is being recorded today.

PDD Holdings Inc. (PDD) Q1 2023 Earnings Call Transcript

Shares of PDD Holdings Inc. PDD, -1.51% shot up 10.2% in premarket trading Friday, after the mobile marketplace company reported big first-quarter profit and revenue beats, boosted by strength in online marketing and transaction services. Net income more than doubled to RMB8.10 billion ($1.18 billion), or RMB5.55 per American depositary share, from RMB2.60 billion, or RMB1.84 in the year-ago period.

PDD stock bounces sharply off 6 1/2-month low after big profit and revenue beats

DUBLIN and SHANGHAI, May 26, 2023 (GLOBE NEWSWIRE) -- PDD Holdings Inc. (“PDD Holdings” or the “Company”) (NASDAQ: PDD), today announced its unaudited financial results for the first quarter ended March 31, 2023.

PDD Holdings Announces First Quarter 2023 Unaudited Financial Results

PDD Holdings' (PDD) first-quarter results are likely to reflect gains from e-commerce strength and growing consumer demand across various categories.

PDD Holdings (PDD) to Report Q1 Earnings: What's in Store?

Costco

Gap Inc

Marvell Technology

In the first half-hour of trading on Tuesday, the Dow Jones industrials were down 0.58%, the S&P 500 down 0.67% and the Nasdaq 0.62% lower.

Earnings Previews: Costco, Gap, Marvell, Pinduoduo

Zai Lab Ltd.

Many Wall Street analysts still see an economic recovery playing out in China. President Biden recently said he expects relations with China to improve "very shortly.

Why Shares of Alibaba, PDD, and Zai Lab Are Rising Today

DUBLIN and SHANGHAI, May 19, 2023 (GLOBE NEWSWIRE) -- PDD Holdings Inc. (“PDD Holdings” or the “Company”) (NASDAQ: PDD) today announced that it will report its unaudited financial results for the first quarter ended March 31, 2023, before U.S. markets open on Friday, May 26, 2023.

PDD Holdings to Report First Quarter 2023 Unaudited Financial Results on May 26, 2023

In the last several years, Chinese tech giants have come under regulatory pressure amid a crackdown on the tech sector, pushing their stocks lower.

News for Pinduoduo Inc - ADR Stock (PDD)