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Pinduoduo Inc

Technology
$63.07
+0.11 (0.17%)1D
1D
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5Y

Performance

Today’s Low
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    Today’s High
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    52W Low
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      52W High
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      Open PricePrev. CloseVolumeAvg. Volume
      $61.45$62.967,340,75915,776,352

      Fundamentals

      Market Cap$79.41B
      P/B Ratio6.9
      P/E Ratio40
      Enterprise Value$73.85B
      Div. Yield0.00%
      Book Value59.94
      EPS(TTM)6.20
      ROE11.50%
      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
      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.
      ...Read more
      OrganisationPinduoduo Inc

      Company Financials

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      FAQs on Pinduoduo Inc

      Can I Buy Pinduoduo Inc Shares in India?

      Yes, Pinduoduo Inc shares can be bought in India by opening an international trading account with Groww.

      How to Buy Pinduoduo Inc Shares in India?

      One can easily invest in Pinduoduo Inc shares from India by: Direct Investment - Opening an international trading account with Groww which includes KYC verification in the US. Your account gets activated in a few minutes to a few hours, after which you can start adding funds in USD balance to buy Pinduoduo Inc shares. Indirect Investment - Under this form of investment, you can choose either a Mutual Fund (MF) or an Exchange-Traded Fund (ETF) that invests in global shares and start investing in shares of Pinduoduo Inc.

      What is the Share Price of Pinduoduo Inc?

      The share price of Pinduoduo Inc is in Dollars and if you are investing from India, you can always check the INR valuation before investing. The current Pinduoduo Inc share price is $63.07 as of 29 Jun ‘22

      What is the Market Cap of Pinduoduo Inc?

      The Pinduoduo Inc market cap is $79.41B as of 29 Jun ‘22

      What is the PE and PB ratio of Pinduoduo Inc?

      The PE and PB ratio of Pinduoduo Inc is 40 and 6.9 as of 29 Jun ‘22
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