Global Markets

Scan to download

Faster Financial News and Market Quotes

Download App
Invite

【Pinduoduo's Q3 Revenue Growth Rate Declined Sequentially, And It Will Firmly Establish A High-quality Development Strategy To Meet Competitive Challenges】On November 21, Pinduoduo Released Its Q3 Earnings Report. Revenue Reached 99.4 Billion Yuan. Compared With The Previous Quarter, The Revenue Growth Rate Has Slowed Down. According To Industry Analysts, On The One Hand, It Is Because Competition In The E-commerce Industry Is Still Fierce, And On The Other Hand, The Platform's “10 Billion Dollar Relief” And Other Measures Have Affected Short-term Financial Statements. “In Order To Cope With Industry Competition, We Will Firmly Implement A High-quality Development Strategy, Continue To Implement 'exemption+support' Measures, Continue To Improve The Platform And Industrial Ecology, And Bring Greater Inclusiveness To Both Supply And Demand Sides.” Pinduoduo Chen Lei Said

Quick Access to 7x24

Quick Access to More Editor-selected Real-time News

Exclusive video for free

FastBull project team is dedicated to create exclusive videos

Real-time Quotes

View more faster market quotes

More comprehensive macro data and economic indicators

Members have access to entire historical data, guests can only view the last 4 years

Member-only Database

Comprehensive forex, commodity, and equity market data