Pinduoduo Inc

Technology
$94.45
+0.64 (0.68%) 1D
1D
1W
1M
1Y
3Y
5Y

Performance

Open PricePrev. CloseVolumeAvg. Volume
$95.90$93.819,454,4337,642,189

Fundamentals

Market Cap$118.25B
P/B Ratio7.9
P/E Ratio29.6
Enterprise Value$110.27B
Div. Yield0.00%
Book Value84.83
EPS(TTM)8.40
ROENA
Understand Fundamentals

About the Company

Pinduoduo Inc. is China's largest agricultural-focused technology platform. Through its interactive purchasing experience, it has established a platform that directly links farmers and wholesalers with customers. Nearly 12 million farmers sold fruits and vegetables to Pinduoduo members in 2019. Pinduoduo, founded in 2015, is one of the world's fastest-growing technology firms. In 2017, the firm discontinued its online direct sales strategy of procuring fresh fruit and other perishables from suppliers and selling them to customers and focused on offering online marketplace services to third-party merchants across a broader range of categories. It has pioneered numerous new trends, such as social commerce and consumer-to-manufacturer relationships (C2M). In the past year, Pinduoduo produced RMB 1.67 trillion in gross merchandise value (GMV). In the first quarter of 2021, the number of average monthly active users hit 724.6 million. Pinduoduo was listed on the Nasdaq under the symbol PDD. Pinduoduo then launched its New Brand Initiative, with the goal of assisting companies and manufacturers in the development of their own brands.;
OrganisationPinduoduo Inc

Company Financials

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