Pinduoduo Stock Surged 16% in Morning Trading

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Pinduoduo Stock Surged 16% in Morning Trading

Tiger Newspress2022-08-29

Pinduoduo Stock Surged 16% in Morning Trading.

Pinduoduo Inc reported quarterly revenue above Street's estimates on Monday, as a strict lockdown in several COVID-hit Chinese cities kept up demand for online shopping.

"We saw a recovery in consumer sentiment in the second quarter especially during the 618 shopping festival," said Chief Executive Officer Lei Chen.

The company, which encourages users to share their purchases on messaging platforms to get cheaper prices, is also increasingly focusing on international expansion, with its plans to launch a cross-border e-commerce platform targeting the United States as its first market, reported Reuters.

Peers JD.com Inc, and Alibaba,also beat expectations earlier this month.

Pinduoduo's total revenue stood at 31.44 billion yuan ($4.55 billion) in the quarter ended June 30, compared with Street's estimate of 23.68 billion yuan, according to Refinitiv data.

Pinduoduo's net income attributable to ordinary shareholders was 8.9 billion yuan during the quarter, compared with 2.41 billion yuan, a year ago.

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Seah CL
·2022-08-30
K
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財運到財源滾滾到
·2022-08-29
Pinduoduo, well done! Congrats🎉👏
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SlowNana
·2022-08-29
Nice
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Chillpadi
·2022-08-29
Let's Tom
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EKOS
·2022-08-29
Nice.
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21:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Pinduoduo Stock Surged 16% in Morning Trading.</p><p>Pinduoduo Inc reported quarterly revenue above Street&#39;s estimates on Monday, as a strict lockdown in several COVID-hit Chinese cities kept up demand for online shopping.</p><p><img src=\"https://static.tigerbbs.com/657d59e2d51be9d98afb42f66fdd2241\" tg-width=\"978\" tg-height=\"714\" referrerpolicy=\"no-referrer\"/>&#34;We saw a recovery in consumer sentiment in the second quarter especially during the 618 shopping festival,&#34; said Chief Executive Officer Lei Chen.</p><p>The company, which encourages users to share their purchases on messaging platforms to get cheaper prices, is also increasingly focusing on international expansion, with its plans to launch a cross-border e-commerce platform targeting the United States as its first market, reported Reuters.</p><p>Peers JD.com Inc, and Alibaba,also beat expectations earlier this month.</p><p>Pinduoduo&#39;s total revenue stood at 31.44 billion yuan  ($4.55 billion) in the quarter ended June 30, compared with Street&#39;s estimate of 23.68 billion yuan, according to Refinitiv data.</p><p>Pinduoduo&#39;s net income attributable to ordinary shareholders was 8.9 billion yuan during the quarter, compared with 2.41 billion yuan, a year ago.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PDD":"拼多多"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138227999","content_text":"Pinduoduo Stock Surged 16% in Morning Trading.Pinduoduo Inc reported quarterly revenue above Street's estimates on Monday, as a strict lockdown in several COVID-hit Chinese cities kept up demand for online shopping.\"We saw a recovery in consumer sentiment in the second quarter especially during the 618 shopping festival,\" said Chief Executive Officer Lei Chen.The 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said Chief Executive Officer Lei Chen.</p><p>The company, which encourages users to share their purchases on messaging platforms to get cheaper prices, is also increasingly focusing on international expansion, with its plans to launch a cross-border e-commerce platform targeting the United States as its first market, reported Reuters.</p><p>Peers JD.com Inc, and Alibaba,also beat expectations earlier this month.</p><p>Pinduoduo&#39;s total revenue stood at 31.44 billion yuan  ($4.55 billion) in the quarter ended June 30, compared with Street&#39;s estimate of 23.68 billion yuan, according to Refinitiv data.</p><p>Pinduoduo&#39;s net income attributable to ordinary shareholders was 8.9 billion yuan during the quarter, compared with 2.41 billion yuan, a year ago.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pinduoduo Stock Surged 16% in Morning Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPinduoduo Stock Surged 16% in Morning Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-08-29 21:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Pinduoduo Stock Surged 16% in Morning Trading.</p><p>Pinduoduo Inc reported quarterly revenue above Street&#39;s estimates on Monday, as a strict lockdown in several COVID-hit Chinese cities kept up demand for online shopping.</p><p><img src=\"https://static.tigerbbs.com/657d59e2d51be9d98afb42f66fdd2241\" tg-width=\"978\" tg-height=\"714\" referrerpolicy=\"no-referrer\"/>&#34;We saw a recovery in consumer sentiment in the second quarter especially during the 618 shopping festival,&#34; said Chief Executive Officer Lei Chen.</p><p>The company, which encourages users to share their purchases on messaging platforms to get cheaper prices, is also increasingly focusing on international expansion, with its plans to launch a cross-border e-commerce platform targeting the United States as its first market, reported Reuters.</p><p>Peers JD.com Inc, and Alibaba,also beat expectations earlier this month.</p><p>Pinduoduo&#39;s total revenue stood at 31.44 billion yuan  ($4.55 billion) in the quarter ended June 30, compared with Street&#39;s estimate of 23.68 billion yuan, according to Refinitiv data.</p><p>Pinduoduo&#39;s net income attributable to ordinary shareholders was 8.9 billion yuan during the quarter, compared with 2.41 billion yuan, a year ago.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PDD":"拼多多"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138227999","content_text":"Pinduoduo Stock Surged 16% in Morning Trading.Pinduoduo Inc reported quarterly revenue above Street's estimates on Monday, as a strict lockdown in several COVID-hit Chinese cities kept up demand for online shopping.\"We saw a recovery in consumer sentiment in the second quarter especially during the 618 shopping festival,\" said Chief Executive Officer Lei Chen.The company, which encourages users to share their purchases on messaging platforms to get cheaper prices, is also increasingly focusing on international expansion, with its plans to launch a cross-border e-commerce platform targeting the United States as its first market, reported Reuters.Peers JD.com Inc, and Alibaba,also beat expectations earlier this month.Pinduoduo's total revenue stood at 31.44 billion yuan  ($4.55 billion) in the quarter ended June 30, compared with Street's estimate of 23.68 billion yuan, according to Refinitiv data.Pinduoduo's net income attributable to ordinary shareholders was 8.9 billion yuan during the quarter, compared with 2.41 billion yuan, a year ago.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9997851432,"gmtCreate":1661783334428,"gmtModify":1676536578005,"author":{"id":"3586490126059662","authorId":"3586490126059662","name":"SlowNana","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997851432","repostId":1138227999,"repostType":4,"repost":{"id":"1138227999","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1661780092,"share":"https://www.laohu8.com/m/news/1138227999?lang=&edition=full","pubTime":"2022-08-29 21:34","market":"us","language":"en","title":"Pinduoduo Stock Surged 16% in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1138227999","media":"Tiger Newspress","summary":"Pinduoduo reported quarterly revenue of $4.69 billion, increased 36% year-over-year","content":"<html><head></head><body><p>Pinduoduo Stock Surged 16% in Morning Trading.</p><p>Pinduoduo Inc reported quarterly revenue above Street&#39;s estimates on Monday, as a strict lockdown in several COVID-hit Chinese cities kept up demand for online shopping.</p><p><img src=\"https://static.tigerbbs.com/657d59e2d51be9d98afb42f66fdd2241\" tg-width=\"978\" tg-height=\"714\" referrerpolicy=\"no-referrer\"/>&#34;We saw a recovery in consumer sentiment in the second quarter especially during the 618 shopping festival,&#34; said Chief Executive Officer Lei Chen.</p><p>The company, which encourages users to share their purchases on messaging platforms to get cheaper prices, is also increasingly focusing on international expansion, with its plans to launch a cross-border e-commerce platform targeting the United States as its first market, reported Reuters.</p><p>Peers JD.com Inc, and Alibaba,also beat expectations earlier this month.</p><p>Pinduoduo&#39;s total revenue stood at 31.44 billion yuan  ($4.55 billion) in the quarter ended June 30, compared with Street&#39;s estimate of 23.68 billion yuan, according to Refinitiv data.</p><p>Pinduoduo&#39;s net income attributable to ordinary shareholders was 8.9 billion yuan during the quarter, compared with 2.41 billion yuan, a year ago.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pinduoduo Stock Surged 16% in Morning Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPinduoduo Stock Surged 16% in Morning Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-08-29 21:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Pinduoduo Stock Surged 16% in Morning Trading.</p><p>Pinduoduo Inc reported quarterly revenue above Street&#39;s estimates on Monday, as a strict lockdown in several COVID-hit Chinese cities kept up demand for online shopping.</p><p><img src=\"https://static.tigerbbs.com/657d59e2d51be9d98afb42f66fdd2241\" tg-width=\"978\" tg-height=\"714\" referrerpolicy=\"no-referrer\"/>&#34;We saw a recovery in consumer sentiment in the second quarter especially during the 618 shopping festival,&#34; said Chief Executive Officer Lei Chen.</p><p>The company, which encourages users to share their purchases on messaging platforms to get cheaper prices, is also increasingly focusing on international expansion, with its plans to launch a cross-border e-commerce platform targeting the United States as its first market, reported Reuters.</p><p>Peers JD.com Inc, and Alibaba,also beat expectations earlier this month.</p><p>Pinduoduo&#39;s total revenue stood at 31.44 billion yuan  ($4.55 billion) in the quarter ended June 30, compared with Street&#39;s estimate of 23.68 billion yuan, according to Refinitiv data.</p><p>Pinduoduo&#39;s net income attributable to ordinary shareholders was 8.9 billion yuan during the quarter, compared with 2.41 billion yuan, a year ago.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PDD":"拼多多"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138227999","content_text":"Pinduoduo Stock Surged 16% in Morning Trading.Pinduoduo Inc reported quarterly revenue above Street's estimates on Monday, as a strict lockdown in several COVID-hit Chinese cities kept up demand for online shopping.\"We saw a recovery in consumer sentiment in the second quarter especially during the 618 shopping festival,\" said Chief Executive Officer Lei Chen.The company, which encourages users to share their purchases on messaging platforms to get cheaper prices, is also increasingly focusing on international expansion, with its plans to launch a cross-border e-commerce platform targeting the United States as its first market, reported Reuters.Peers JD.com Inc, and Alibaba,also beat expectations earlier this month.Pinduoduo's total revenue stood at 31.44 billion yuan  ($4.55 billion) in the quarter ended June 30, compared with Street's estimate of 23.68 billion yuan, according to Refinitiv data.Pinduoduo's net income attributable to ordinary shareholders was 8.9 billion yuan during the quarter, compared with 2.41 billion yuan, a year ago.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9997829974,"gmtCreate":1661781686900,"gmtModify":1676536577655,"author":{"id":"3561337484577285","authorId":"3561337484577285","name":"Chillpadi","avatar":"https://static.tigerbbs.com/b948796c355fd92e2ae908dd24144e19","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Let's Tom","listText":"Let's Tom","text":"Let's Tom","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997829974","repostId":1138227999,"repostType":4,"repost":{"id":"1138227999","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1661780092,"share":"https://www.laohu8.com/m/news/1138227999?lang=&edition=full","pubTime":"2022-08-29 21:34","market":"us","language":"en","title":"Pinduoduo Stock Surged 16% in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1138227999","media":"Tiger Newspress","summary":"Pinduoduo reported quarterly revenue of $4.69 billion, increased 36% year-over-year","content":"<html><head></head><body><p>Pinduoduo Stock Surged 16% in Morning Trading.</p><p>Pinduoduo Inc reported quarterly revenue above Street&#39;s estimates on Monday, as a strict lockdown in several COVID-hit Chinese cities kept up demand for online shopping.</p><p><img src=\"https://static.tigerbbs.com/657d59e2d51be9d98afb42f66fdd2241\" tg-width=\"978\" tg-height=\"714\" referrerpolicy=\"no-referrer\"/>&#34;We saw a recovery in consumer sentiment in the second quarter especially during the 618 shopping festival,&#34; said Chief Executive Officer Lei Chen.</p><p>The company, which encourages users to share their purchases on messaging platforms to get cheaper prices, is also increasingly focusing on international expansion, with its plans to launch a cross-border e-commerce platform targeting the United States as its first market, reported Reuters.</p><p>Peers JD.com Inc, and Alibaba,also beat expectations earlier this month.</p><p>Pinduoduo&#39;s total revenue stood at 31.44 billion yuan  ($4.55 billion) in the quarter ended June 30, compared with Street&#39;s estimate of 23.68 billion yuan, according to Refinitiv data.</p><p>Pinduoduo&#39;s net income attributable to ordinary shareholders was 8.9 billion yuan during the quarter, compared with 2.41 billion yuan, a year ago.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pinduoduo Stock Surged 16% in Morning Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPinduoduo Stock Surged 16% in Morning Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-08-29 21:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Pinduoduo Stock Surged 16% in Morning Trading.</p><p>Pinduoduo Inc reported quarterly revenue above Street&#39;s estimates on Monday, as a strict lockdown in several COVID-hit Chinese cities kept up demand for online shopping.</p><p><img src=\"https://static.tigerbbs.com/657d59e2d51be9d98afb42f66fdd2241\" tg-width=\"978\" tg-height=\"714\" referrerpolicy=\"no-referrer\"/>&#34;We saw a recovery in consumer sentiment in the second quarter especially during the 618 shopping festival,&#34; said Chief Executive Officer Lei Chen.</p><p>The company, which encourages users to share their purchases on messaging platforms to get cheaper prices, is also increasingly focusing on international expansion, with its plans to launch a cross-border e-commerce platform targeting the United States as its first market, reported Reuters.</p><p>Peers JD.com Inc, and Alibaba,also beat expectations earlier this month.</p><p>Pinduoduo&#39;s total revenue stood at 31.44 billion yuan  ($4.55 billion) in the quarter ended June 30, compared with Street&#39;s estimate of 23.68 billion yuan, according to Refinitiv data.</p><p>Pinduoduo&#39;s net income attributable to ordinary shareholders was 8.9 billion yuan during the quarter, compared with 2.41 billion yuan, a year ago.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PDD":"拼多多"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138227999","content_text":"Pinduoduo Stock Surged 16% in Morning Trading.Pinduoduo Inc reported quarterly revenue above Street's estimates on Monday, as a strict lockdown in several COVID-hit Chinese cities kept up demand for online shopping.\"We saw a recovery in consumer sentiment in the second quarter especially during the 618 shopping festival,\" said Chief Executive Officer Lei Chen.The company, which encourages users to share their purchases on messaging platforms to get cheaper prices, is also increasingly focusing on international expansion, with its plans to launch a cross-border e-commerce platform targeting the United States as its first market, reported Reuters.Peers JD.com Inc, and Alibaba,also beat expectations earlier this month.Pinduoduo's total revenue stood at 31.44 billion yuan  ($4.55 billion) in the quarter ended June 30, compared with Street's estimate of 23.68 billion yuan, according to Refinitiv data.Pinduoduo's net income attributable to ordinary shareholders was 8.9 billion yuan during the quarter, compared with 2.41 billion yuan, a year ago.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9997863392,"gmtCreate":1661780806818,"gmtModify":1676536577414,"author":{"id":"4100058529967950","authorId":"4100058529967950","name":"EKOS","avatar":"https://community-static.tradeup.com/news/262b14194b70ac55fd568f3bea2f9a78","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Nice.&nbsp;","listText":"Nice.&nbsp;","text":"Nice.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997863392","repostId":1138227999,"repostType":4,"repost":{"id":"1138227999","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1661780092,"share":"https://www.laohu8.com/m/news/1138227999?lang=&edition=full","pubTime":"2022-08-29 21:34","market":"us","language":"en","title":"Pinduoduo Stock Surged 16% in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1138227999","media":"Tiger Newspress","summary":"Pinduoduo reported quarterly revenue of $4.69 billion, increased 36% year-over-year","content":"<html><head></head><body><p>Pinduoduo Stock Surged 16% in Morning Trading.</p><p>Pinduoduo Inc reported quarterly revenue above Street&#39;s estimates on Monday, as a strict lockdown in several COVID-hit Chinese cities kept up demand for online shopping.</p><p><img src=\"https://static.tigerbbs.com/657d59e2d51be9d98afb42f66fdd2241\" tg-width=\"978\" tg-height=\"714\" referrerpolicy=\"no-referrer\"/>&#34;We saw a recovery in consumer sentiment in the second quarter especially during the 618 shopping festival,&#34; said Chief Executive Officer Lei Chen.</p><p>The company, which encourages users to share their purchases on messaging platforms to get cheaper prices, is also increasingly focusing on international expansion, with its plans to launch a cross-border e-commerce platform targeting the United States as its first market, reported Reuters.</p><p>Peers JD.com Inc, and Alibaba,also beat expectations earlier this month.</p><p>Pinduoduo&#39;s total revenue stood at 31.44 billion yuan  ($4.55 billion) in the quarter ended June 30, compared with Street&#39;s estimate of 23.68 billion yuan, according to Refinitiv data.</p><p>Pinduoduo&#39;s net income attributable to ordinary shareholders was 8.9 billion yuan during the quarter, compared with 2.41 billion yuan, a year ago.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pinduoduo Stock Surged 16% in Morning Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPinduoduo Stock Surged 16% in Morning Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-08-29 21:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Pinduoduo Stock Surged 16% in Morning Trading.</p><p>Pinduoduo Inc reported quarterly revenue above Street&#39;s estimates on Monday, as a strict lockdown in several COVID-hit Chinese cities kept up demand for online shopping.</p><p><img src=\"https://static.tigerbbs.com/657d59e2d51be9d98afb42f66fdd2241\" tg-width=\"978\" tg-height=\"714\" referrerpolicy=\"no-referrer\"/>&#34;We saw a recovery in consumer sentiment in the second quarter especially during the 618 shopping festival,&#34; said Chief Executive Officer Lei Chen.</p><p>The company, which encourages users to share their purchases on messaging platforms to get cheaper prices, is also increasingly focusing on international expansion, with its plans to launch a cross-border e-commerce platform targeting the United States as its first market, reported Reuters.</p><p>Peers JD.com Inc, and Alibaba,also beat expectations earlier this month.</p><p>Pinduoduo&#39;s total revenue stood at 31.44 billion yuan  ($4.55 billion) in the quarter ended June 30, compared with Street&#39;s estimate of 23.68 billion yuan, according to Refinitiv data.</p><p>Pinduoduo&#39;s net income attributable to ordinary shareholders was 8.9 billion yuan during the quarter, compared with 2.41 billion yuan, a year ago.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PDD":"拼多多"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138227999","content_text":"Pinduoduo Stock Surged 16% in Morning Trading.Pinduoduo Inc reported quarterly revenue above Street's estimates on Monday, as a strict lockdown in several COVID-hit Chinese cities kept up demand for online shopping.\"We saw a recovery in consumer sentiment in the second quarter especially during the 618 shopping festival,\" said Chief Executive Officer Lei Chen.The company, which encourages users to share their purchases on messaging platforms to get cheaper prices, is also increasingly focusing on international expansion, with its plans to launch a cross-border e-commerce platform targeting the United States as its first market, reported Reuters.Peers JD.com Inc, and Alibaba,also beat expectations earlier this month.Pinduoduo's total revenue stood at 31.44 billion yuan  ($4.55 billion) in the quarter ended June 30, compared with Street's estimate of 23.68 billion yuan, according to Refinitiv data.Pinduoduo's net income attributable to ordinary shareholders was 8.9 billion yuan during the quarter, compared with 2.41 billion yuan, a year ago.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":64,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}