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: Who Shops Where? 2023 Shopper Demographics: US Consumer Tracker Extra, August 2023Innovator Profile: Radd.’s Video-Marketing Tool Drives E-Commerce Traffic and ConversionUS CPG Sales Tracker: Strong Beauty Performance Drives Total CPG GrowthNext-Generation Product Information Management: From Spreadsheets to AI
