
Pinduoduo ($PDD) impresses investors with great earnings results, including a tripled adjusted net profit to CNY30.6 billion and a nearly five-fold increase in revenue to CNY86.8 billion in Q1. The company's ADRs jump 8% pre-market as sales beat estimates and gross margins expand. Pinduoduo's operating profit increases by 237% in Q1, leading to a 1% stock increase despite skepticism about Chinese investments. The Chinese e-commerce giant deepens its global presence, doubling quarterly revenue and growing operating profits by 275%.



$PDD Continues to act as breed in China names PDD is a member of the TTG Trend Portfolio https://t.co/f6ZrVLr1as https://t.co/DzGx8TmleN
$PDD uptrend, testing an early breakout. https://t.co/UNAdHZtBgc
$PDD $9.7M https://t.co/jCul9fYmNP https://t.co/iD8cbSEgOU