Pinduoduo Non-GAAP EPADS of $1.01 beats by $0.38, revenue of $5.48B beats by $920M
Pinduoduo press release (NASDAQ:PDD): Q1 Non-GAAP EPADS of $1.01  beats by $0.38.
Revenue of $5.48B (+58.0% Y/Y)  beats by $920M.
âWe are entering a new phase of development where we are fully committed to fostering high-quality growth and further strengthening our ecosystem,â said Mr. Jiazhen Zhao, Executive Director and Co-Chief Executive Officer of PDD Holdings. âWe are launching a dedicated â10 Billion Ecosystem Initiativeâ to facilitate an environment where quality merchants can flourish.â

âPatient investment is essential for us to promote ecosystem vibrancy and sustainability,â said Ms. Jun Liu, VP of Finance at PDD Holdings. âWe are still in the investment stage, and we plan to step up our investment to further support quality growth.â