Company Earnings Update 3 minutesRegister for Free AccessPinduoduo (NASDAQ: PDD) 4Q18 Results: Strong Revenue Growth Thanks to Boost in Active Buyers and Average Annual Spending Coresight Research March 15, 2019 Executive Summary Pinduoduo recorded 4Q18 revenue of ¥5.7 billion, up 379.4% year over year while FY18 revenue was ¥13.1 billion, up 652% year over year. Operating expenses continued rising with operating margin worsening to a negative 46.7%. Active buyers on Pinduoduo’s platforms for full year 2018 were 418.5 million, increasing 71% 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: AI Underpins the Tech-Driven Shift in US Grocery, from Smarter Forecasting to Faster CheckoutUS CPG Sales Tracker: E-Commerce Sales Surge, Outpacing In-Store GrowthWeekly US Store Openings and Closures Tracker 2025, Week 16: 7-Eleven To Close 300+ Stores; Plus Updates on Drugstore ClosuresAnalyst Corner: All Things Tech at Shoptalk Spring 2025 with John Harmon