Pinduoduo's pre-market decline widens to 13%
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On November 21st, Southern Finance and Economics reported that Pinduoduo's pre-market decline in the US stock market widened to 13%. Pinduoduo's third quarter revenue was RMB 99.35 billion, a year-on-year increase of 44%, with an estimated RMB 102.83 billion; The adjusted earnings per ADS for the third quarter are RMB 18.59, with an estimated RMB 20.19.
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Disclaimer: The views expressed in this article are those of the author only, this article does not represent the position of CandyLake.com, and does not constitute advice, please treat with caution.
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