$Pinduoduo Inc.(PDD)$ Pinduodu

2023-11-30

$Pinduoduo Inc.(PDD)$ Pinduoduo up 15% pre-market after smashing earnings! 🚀

Revenue of $9.44B (+94% yoy) beats by $2.02B

Non-GAAP EPS of $1.55 beats by $0.39

Net income up 47% ✅

$Alibaba(BABA)$ Alibaba not feeling any hype so far, down 1% pre-market.

Agriculture was mentioned over 20 times in PDD's earning call. While BABA did not mention anything about capitalising on agriculture products. Quite interesting and different high level strategies implemented.

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