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Pinduoduo's transaction service revenue in the first quarter was 5.591.4 billion yuan, up 91 percent year-on-year

via:新浪科技     time:2022/5/27 20:00:36     readed:107

Pinduoduo (Nasdaq:PDD) today announced its financial results for the first quarter of 2022 ended March 31. Pinduoduo reported revenue of 23.793.7 billion yuan ($3.753.4 billion) in the first quarter, up 7% from 22.167.1 billion yuan a year earlier. Net profit attributable to pduo Duo's common shareholders was 2.5995 billion yuan ($410.1 million), compared with a net loss of 2.9054 billion yuan a year earlier. Net profit attributable to pindoduo's common shareholders, excluding GAAP, was 4.0004 billion yuan ($662.6 million), compared with a net loss of 1.8093 billion yuan a year earlier.

Pinduoduo's trading service revenue in the first quarter was 5.5914 billion yuan, up 91 percent year-on-year, according to the earnings report.

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