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【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
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