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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Financial Confidence Improves: Weekly US Consumer Sentiment, Week 25, 2025—InfographicEconomic Confidence Climbs; Financial Optimism Turns Positive: Weekly US Consumer Sentiment, Week 23, 2025—InfographicFebruary 2025 US Retail Sales: First Year-Over-Year Drop Since the Pandemic—Electronics and Department Stores Lead DeclinesRetail 2025: 10 Trends in Retail Technology
