{"id":12482,"date":"2021-05-26T20:34:49","date_gmt":"2021-05-26T12:34:49","guid":{"rendered":"https:\/\/www.whatchina.cn\/?p=12482"},"modified":"2022-03-17T13:47:51","modified_gmt":"2022-03-17T05:47:51","slug":"pinduoduos-quarter-revenue","status":"publish","type":"post","link":"https:\/\/www.whatchina.cn\/pinduoduos-quarter-revenue.html","title":{"rendered":"Pinduoduo&#8217;s First Quarter Revenue Was 22.167 Billion Yuan"},"content":{"rendered":"<div class=\"37c28470d9d6d3cb9ff74e663adb766a\" data-index=\"2\" style=\"float: none; margin:0px 0 0px 0; text-align:center;\">\n<script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3594734025006597\"\r\n     crossorigin=\"anonymous\"><\/script>\n<\/div>\n<ol>Pinduoduo (Nasdaq: PDD) today released its financial report for the first quarter of 2021 as of March 31, with total revenue of RMB 22.167 billion (approximately US$3.3834 billion), an increase from RMB 6.541.1 billion in the same period last year. 239%. The net loss attributable to Pinduoduo common shareholders was RMB 2.9054 billion (approximately US$443.5 million), compared with a net loss of RMB 4.1193 billion in the same period last year.<\/ol>\n<p>Not in accordance with US GAAP, the net loss attributable to Pinduoduo&#8217;s common shareholders was RMB 1.809.3 billion (approximately US$288.5 million), compared with a net loss of RMB 3.169 billion in the same period last year.<br \/>\nSummary of first quarter results:<br \/>\nTotal revenue was RMB 22.167 billion (approximately US$3.3834 billion), an increase of 239% compared with RMB 6.541.1 billion in the same period last year.<br \/>\nThe average number of monthly active users was 724.6 million, an increase of 49% compared to 487.4 million in the same period last year.<br \/>\nThe number of active buyers in the 12 months ending March 31, 2021 was 823.8 million, an increase of 31% compared to 628.1 million in the 12 months ending December 31, 2020.<br \/>\nThe net loss attributable to Pinduoduo common shareholders was RMB 2.9054 billion (approximately US$443.5 million), compared with a net loss of RMB 4.1193 billion in the same period last year.<br \/>\nNot in accordance with US GAAP, the net loss attributable to Pinduoduo&#8217;s common shareholders was RMB 1.809.3 billion (approximately US$288.5 million), compared with a net loss of RMB 3.169 billion in the same period last year.<\/p>\n<div class=\"37c28470d9d6d3cb9ff74e663adb766a\" data-index=\"2\" style=\"float: none; margin:0px 0 0px 0; text-align:center;\">\n<script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3594734025006597\"\r\n     crossorigin=\"anonymous\"><\/script>\n<\/div>\n\n<div style=\"font-size: 0px; height: 0px; line-height: 0px; margin: 0; padding: 0; clear: both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Pinduoduo (Nasdaq: PDD) today released its financial report for the first quarter of 2021 as&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[272],"tags":[],"class_list":["post-12482","post","type-post","status-publish","format-standard","hentry","category-today"],"_links":{"self":[{"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/posts\/12482","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/comments?post=12482"}],"version-history":[{"count":0,"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/posts\/12482\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/media?parent=12482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/categories?post=12482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/tags?post=12482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}