@cheezzy：On November 28, the third quarterly report of Pinduoduo was released. In the third quarter, Pinduoduo achieved a revenue of 35.5 billion yuan, up 65.1% year on year; Under the US GAAP, the net profit attributable to common shareholders is 10.59 billion yuan. In the third quarter, Pinduoduo continued to increase subsidy investment, launched a series of activities such as "Super Agricultural Goods Festival", "Duoduo Harvest Hall" and "Duoduo New Craftsmanship", and created an important incremental market for high-quality development of the real economy. What will happen when traditional craftsmanship meets the Internet? Phoenix Pufan, Chongqing Dengjiadao, Gaocheng Palace Lantern, Yixing Purple Clay Pot... These traditional handicrafts, with the help of Pinduoduo, have further opened their markets.$Pinduoduo Inc.(PDD)$ Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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