Pinduoduo Income Statement $PDD (-1.2%)

$PDD Pinduoduo Q2 FY24.

• Revenue +86% Y/Y to $13.4B ($0.6B miss).

• Non-GAAP EPS $3.20 ($0.41 beat).

Jun Liu, VP of Finance:

"Looking ahead, revenue growth will inevitably face pressure due to intensified competition and external challenges. Profitability will also likely be impacted as we continue to invest resolutely.”