Company Earnings UpdatePinduoduo (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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Weekly US Store Openings and Closures Tracker 2025, Week 52: Pacsun Plots Major US Expansion DriveInnovator Profile: Big Sur AI—Boosting Brands’ Profitability with Commerce-First AI Agents4Q24 Earnings Season Wrap-Up: Widespread Positive Sales Growth Recorded This QuarterThe Tech-Driven Future of US Retail: AI To Power Smarter Supply Chains, Seamless Operations and Personalized Experiences
