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: Sector Focus: Department Stores—Data GraphicFlipkart Big Billion Days 2025: Wrap-Up—Sales-Tax Reforms, Quick Commerce and “Trust Shield” Shape GrowthShoptalk Fall 2025 Day Three: From Constraints to Catalysts—Technology Driving the Next Era of RetailUS Grocery Retailing—Real Estate Insights: Value and Specialty Grocers Drive Polarized Expansion
