Company Earnings UpdatePinduoduo (NASDAQ: PDD) 4Q18 Results: Strong Revenue Growth Thanks to Boost in Active Buyers and Average Annual Spending Coresight Research March 15, 2019 Executive Summary Pinduoduo recorded 4Q18 revenue of ¥5.7 billion, up 379.4% year over year while FY18 revenue was ¥13.1 billion, up 652% year over year. Operating expenses continued rising with operating margin worsening to a negative 46.7%. Active buyers on Pinduoduo’s platforms for full year 2018 were 418.5 million, increasing 71% year over year. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: NextGen 2025: Retail, Real Estate & the New Consumer—AgendaWeekly UK Store Openings and Closures Tracker 2025, Week 44: Shoe Zone Closes StoresEarnings Insights 4Q24, Week 6: Sales Decline for Kroger, Macy’s, Ross Stores and Other Retailers—InfographicApparel and Footwear Shopping in Focus—Amazon and Walmart Lead; NIKE Ranks as Top Brand: US Consumer Survey Insights
