Pinduoduo Non-GAAP EPADS of $0.47 beats by $0.20, revenue of $3.75B beats by $670M
Pinduoduo press release  (NASDAQ:PDD): Q1  Non-GAAP EPADS of $0.47  beats by $0.20.
Revenue of $3.75B (+7.0% Y/Y)  beats by $670M.
Average monthly active usersÂ in the quarter was 751.3M, an increase of 4% Y/Y.
âWe remain focused on making long-term investments in agriculture and abide by our philosophy of âBenefit Allâ, âPeople Firstâ, and âMore Openâ,â said Mr.Â Lei Chen, Chairman and Chief Executive Officer of Pinduoduo.
âAt this current scale, it is inevitable for us to see slower growth,â said Ms.Â Jun Liu, VP of Finance of Pinduoduo. âWe need to continue to invest in R&D to serve our users better.
Shares upÂ 6.7%Â PM