Company Earnings Update 2 minutesRegister for Free AccessPinduoduo (NASDAQ: PDD) 1Q19 Results: Online Marketing Services Boost Revenues, Operating Margin Impacted by Soaring Costs Coresight Research May 22, 2019 Executive Summary Pinduoduo reported 1Q19 revenues of ¥4.5 billion, up 228% year over year and beating the consensus estimate of ¥4.1 billion. Operating expenses continued rising with operating margin worsening to (46.7)%. There were 443.3 million active buyers on Pinduoduo’s platforms for the 12 months ended March 31, 2019, up 50% year over year. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: A Must-Read Guide to Shoptalk 2023: How To Maximize Your Time and Create Opportunities Across Five Retail ThemesHoliday 2022: US Retail Wrap-UpUS Drugstores and Pharmacies: Real Estate Insights—Closures Lead to 8 Million Square Feet of Shuttered Retail Space in 2024Weinswig’s Weekly: Retail Media Networks Present a Challenging but Highly Rewarding Opportunity
