Pinduoduo Non-GAAP EPADS of $1.21 beats by $0.49, revenue of $4.99B beats by $690M
Pinduoduo press release (NASDAQ:PDD): Q3 Non-GAAP EPADS of $1.21  beats by $0.49.
Revenue of $4.99B (+65.0% Y/Y)  beats by $690M, due to an increase in revenues from online marketing services and transaction services.
Shares +1.6% PM.
âWe continued to deepen our value creation in the third quarter,â said Mr. Lei Chen, Chairman and Chief Executive Officer of PDD. âWe will increase our R&D investment to further enhance the supply chain efficiency and agricultural digital inclusion.â

âInvestment in certain projects was affected in the third quarter,â said Ms. Jun Liu, VP of Finance of PDD. âWe will continue to step up our investment in R&D and create long-term value through innovations.â