On March 20th, pinduoduo Group released its financial results for the fourth quarter and the whole year of 2022 as of December 31.

According to the financial report, pinduoduo Group's revenue in the fourth quarter of last year was 39.8 billion yuan, an increase of 46 per cent over the same period last year.Revenue for the whole year was 130.6 billion yuan, an increase of 39% over the same period last year.

2022 is the second year of pinduoduo's strategic transformation from & ldquo; marketing & rdquo; to & ldquo; R & D & rdquo;. The company continues to increase its investment in technological innovation. According to the financial report, under the general accounting standards of the United StatesFor the whole of last year, pinduoduo's R & D expenditure increased by 15% compared with the same period last year, with an amount of more than 10 billion yuan, a record high.Among them, R & D expenditure in the fourth quarter increased by 19% over the same period last year, reaching 2.4 billion yuan.

Chen Lei said: & ldquo; we will continue to increase investment, enhance technical capabilities, bring the benefits of digitization to users and partners, help create more new growth points, and better serve the whole society. & rdquo

Chen Lei said: & ldquo; we will continue to increase investment, enhance technical capabilities, bring the benefits of digitization to users and partners, help create more new growth points, and better serve the whole society. & rdquo

From & ldquo; many good agricultural goods & rdquo;, & ldquo; many new craftsmen & rdquo; series activities to & ldquo; Super Agricultural goods Festival & rdquo;, & ldquo; 2023 cargo Festival & rdquo; and other annual activities, last year, pinduoduo accelerated the promotion of quality products to the cities and countryside, and mobile phones, beauty makeup, mother and baby, high-quality agricultural goods and other categories increased significantly, driving the rapid growth of global consumption.