Yahoo India Web Search

Search results

1. • Beat Wall Street estimates for third-quarter revenue

     • Nov 28 (Reuters) - Chinese e-commerce platform Pinduoduo Inc (PDD.O) beat Wall Street estimates for third-quarter revenue on Monday, helped by COVID-related lockdowns in the country that forced consumers to shop online. The results sent shares in the company up 10% in U.S. pre-market trade.
     www.reuters.com/business/retail-consumer/chinas-pinduoduo-beats-quarterly-revenue-estimates-2022-11-28/

     China's Pinduoduo beats quarterly revenue estimates | Reuters

2. People also ask

   Did Pinduoduo beat Wall Street estimates for third-quarter revenue?

   • Chinese e-commerce platform Pinduoduo Inc (PDD.O) beat Wall Street estimates for third-quarter revenue on Monday. The results were driven by COVID-19 related lockdowns in the country that forced consumers to shop online. Pinduoduo's shares rose 10% in U.S. pre-market trade as a result.

   China's Pinduoduo beats quarterly revenue estimates | Reuters

   www.reuters.com/business/retail-consumer/chinas-pinduoduo-beats-quarterly-revenue-estimates-2022-11-28/

   See all results for this question

   How did Pinduoduo perform in the July-September quarter?

   • Pinduoduo's revenue jumped 65% to 35.50 billion yuan ($4.99 billion) in the July-September quarter, surpassing estimates of 30.94 billion yuan, according to Refinitiv data. Intermittent lockdowns and a recovery in consumer spending helped Pinduoduo and other Chinese online retailers gain business in this period.

   China's Pinduoduo beats quarterly revenue estimates | Reuters

   www.reuters.com/business/retail-consumer/chinas-pinduoduo-beats-quarterly-revenue-estimates-2022-11-28/

   See all results for this question

   How did Pinduoduo perform in the US pre-market trade?

   • Pinduoduo's quarterly results sent shares in the company up 10% in U.S. pre-market trade. Intermittent lockdowns and a recovery in consumer spending helped Pinduoduo and other Chinese online retailers gain business in the July-September quarter.

   China's Pinduoduo beats quarterly revenue estimates | Reuters

   www.reuters.com/business/retail-consumer/chinas-pinduoduo-beats-quarterly-revenue-estimates-2022-11-28/

   See all results for this question

   Will further investment affect Pinduoduo's future profitability?

   • According to Liu Jun, vice president of finance at Pinduoduo, further investment is expected to negatively impact future profitability. 'We plan to increase our investments to further drive innovations on our platform,' she said. 'As such, it’s unlikely that the profit level of the past quarter can be maintained'.

   China's Pinduoduo beats quarterly revenue estimates | Reuters

   www.reuters.com/business/retail-consumer/chinas-pinduoduo-beats-quarterly-revenue-estimates-2022-11-28/

   See all results for this question

3. www.reuters.com › business › retail-consumerChina's Pinduoduo beats quarterly revenue estimates | Reuters

   www.reuters.com › business › retail-consumer

   Nov 28, 2022 · Nov 28 (Reuters) - Chinese e-commerce platform Pinduoduo Inc (PDD.O) beat Wall Street estimates for third-quarter revenue on Monday, helped by COVID-related lockdowns in the country...

4. www.channelnewsasia.com › business › chinasChina's Pinduoduo beats quarterly revenue estimates - CNA

   www.channelnewsasia.com › business › chinas

   • Cached

   Nov 28, 2022 · Chinese e-commerce platform Pinduoduo Inc beat Wall Street estimates for third-quarter revenue on Monday, helped by COVID-related lockdowns in the country that forced consumers to...

5. Videos

   • 

     1:12

     youtube.com

     Pinduoduo stock hits 1-year high amid Q3 earnings beat

     28 Nov 2022

     368 views

   • 

     3:40

     youtube.com

     What is Pinduoduo?

     23 Jul 2019

     55.1K views

   • 

     2:46

     youtube.com

     Pinduoduo opens on the Nasdaq

     26 Jul 2018

     16.6K views

   View all

6. finance.yahoo.com › news › pinduoduo-third-quarterPinduoduo Third Quarter 2022 Earnings: Beats Expectations

   finance.yahoo.com › news › pinduoduo-third-quarter

   • Cached

   Nov 30, 2022 · Key Financial Results. Revenue: CN¥35.5b (up 65% from 3Q 2021). Net income: CN¥10.6b (up by CN¥8.95b from 3Q 2021). Profit margin: 30% (up from 7.6% in 3Q 2021). The increase in margin was ...

7. www.businesstimes.com.sg › companies-marketsChina’s Pinduoduo beats quarterly revenue estimates

   www.businesstimes.com.sg › companies-markets

   • Cached

   Nov 28, 2022 · CHINESE e-commerce platform Pinduoduo beat Wall Street estimates for third-quarter revenue on Monday (Nov 28), helped by Covid-related lockdowns in the country that forced consumers to shop online. The results sent shares in the company up 10 per cent in US pre-market trade.

8. finance.yahoo.com › news › chinas-pinduoduo-beatsChina's Pinduoduo beats quarterly revenue estimates

   finance.yahoo.com › news › chinas-pinduoduo-beats

   • Cached

   Nov 28, 2022 · China's Pinduoduo Inc beat Wall Street estimates for third-quarter revenue on Monday, helped by COVID-related lockdowns in the country that forced consumers to shop online.

9. www.reuters.com › technology › chinas-pinduoduoChina's Pinduoduo beats quarterly revenue estimates amid ...

   www.reuters.com › technology › chinas-pinduoduo

   May 26, 2021 · Chinese e-commerce platform Pinduoduo Inc's (PDD.O) quarterly revenue beat Wall Street estimates on Wednesday, driven by a sustained surge in online shopping following the COVID-19...

10. markets.businessinsider.com › news › stocksChina’s Pinduoduo beats quarterly revenue estimates

    markets.businessinsider.com › news › stocks

    • Cached

    Nov 28, 2022 · CHINESE e-commerce platform Pinduoduo beat Wall Street estimates for third-quarter revenue on Monday (Nov 28), helped by Covid-related lockdowns ...