Pinduoduo Inc
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Consumer Discretionary : Internet & Direct Marketing Retail |
Based in China
Company profile

Pinduoduo Inc is an e-commerce platform operator. It offers Pinduoduo, a mobile e-commerce platform. The Company’s platform provides value-for-money merchandise and interactive shopping options. The platform is built to resemble a virtual bazaar of a broad spectrum of products. It offers both individual and team purchase options. It offers a suite of product categories that include apparel, shoes, bags, childcare products, food and beverage, fresh produce, electronic appliances, furniture, household goods, cosmetics, sports and fitness goods, and auto accessories. The platform provides a range of online payment options that include Weixin Pay, QQ Wallet, Alipay and Apple Pay.

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Premarket

Last Trade
Delayed
$50.00
-1.13 (-2.21%)
Bid
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Ask
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B/A Size
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Market Hours

Closing Price
$51.13
Day's Change
0.00 (0.00%)
Bid close
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Ask close
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B/A Size
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Day's High
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Day's Low
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Volume
(Light)
Volume:
191,094

10-day average volume:
8,250,404
191,094

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Providers:

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4 providers
July 19, 2022
Beyond Meat brings plant-based pork patties to Tmall in China

Beyond Meat Inc. (BYND) began selling plant-based pork patties in China on the company's Tmall store on Tuesday. Available in classic and spicy flavors, this is the second plant-based pork product Beyond Meat has launched in China. The other...(MarketWatch)

June 17, 2022
Alibaba, NIO stocks soar after report Ant Group OK'd to set up financial holding company

The U.S.-listed shares of China-based companies were seeing big and broad gains in premarket trading Friday, after Reuters reported that China's central bank accepted Ant Group's application to set up a financial holding company. That fueled...(MarketWatch)

June 08, 2022
DiDi, Nio, Alibaba stocks surge, amid signs China's regulatory hold on tech continues to ease

The U.S.-listed shares of China-based companies enjoyed a broad rally Wednesday, after China regulators released a list of 60 online games that were approved, another sign of easing of the regulatory crackdown on the country's technology...(MarketWatch)

May 31, 2022
China stocks enjoy big, broad rally as Shanghai moves toward lifting COVID-lockdown measures

By Tomi Kilgore NIO, Alibaba stocks jump toward 4-week highs, Pinduoduo's stock on track for 3-month high The U.S.-listed shares of China-based companies traded broadly higher Tuesday, as investors were emboldened by the major steps...(MarketWatch)

May 27, 2022
Pinduoduo stock surges after big profit and revenue beats, as gross margin improves sharply

The U.S. listed shares of Pinduoduo Inc. (PDD) charged 9.5% higher in premarket trading Friday, after the China-based mobile marketplace reported first-quarter profit and revenue that rose well above expectations, as gross margin improved...(MarketWatch)

Pinduoduo Q1 adj. EPS RMB2.95; FactSet consensus RMB1.83

(END) Dow Jones Newswires May 27, 2022 06:34 ET (10:34 GMT) (MarketWatch)

Pinduoduo Q1 revenue RMB23.79 bln vs. RMB22.17 bln a year ago; FactSet consensus RMB20.45 bln

(END) Dow Jones Newswires May 27, 2022 06:34 ET (10:34 GMT) (MarketWatch)

Pinduoduo Q1 EPS RMB1.84 vs. per-ADS loss RMB2.33 a year ago

(END) Dow Jones Newswires May 27, 2022 06:33 ET (10:33 GMT) (MarketWatch)

May 17, 2022
China ADSs are flying as fading regulatory headwinds send iQIYI, NIO and Alibaba stocks surging

By Tomi Kilgore China's top economic official suggests government supports development of tech sector and public listings, suggesting scrutiny is easing The U.S.-listed shares of China-based companies, surged Tuesday, particularly in...(MarketWatch)

May 16, 2022
Pinduoduo double upgraded to overweight from underweight at J.P. Morgan

(END) Dow Jones Newswires May 16, 2022 07:42 ET (11:42 GMT) (MarketWatch)

May 04, 2022
DiDi's stock selloff after SEC probe disclosure weighs on U.S.-listed shares of other China-based companies

A selloff in DiDi Global Inc.'s stock (DIDI), after the China-based ride-hailing company disclosed a Securities and Exchange Commission probe into its June 2021 initial public offering, sent other U.S.-listed shares of China-based companies...(MarketWatch)

April 29, 2022
Alibaba, other China ADRs soar after WSJ report China to pause putting pressure on tech giants

The U.S.-listed shares of China-based technology companies soared in premarket trading Friday, after The Wall Street Journal reported that Chinese regulators were preparing to pause its campaign against technology companies, as they look to...(MarketWatch)

April 01, 2022
Chinese ADRs surge after report of China authorities' plans to give access to audits

The U.S.-listed shares of China-based companies surged in premarket trading Friday, after Bloomberg reported that Chinese authorities are in the process of giving U.S. regulators full access to auditing reports. That would allow China-based...(MarketWatch)

March 21, 2022
Pinduoduo stock rises after mixed earnings report

Shares of Pinduoduo were up nearly 5% in premarket trading Monday after the company, which connects consumers and agricultural producers in China, reported a mixed fourth quarter. The company generated fourth-quarter net income of RMB6.62...(MarketWatch)

March 16, 2022
Dow books 500-point gain after Fed raises interest rates for first time in 4 years, signals more to come

By Joy Wiltermuth and Mark DeCambre Nasdaq Composite soars 3.8% for best daily percentage gain since Nov. 2020 U.S. stocks rallied for a second day in volatile trade Wednesday, with the Dow swinging nearly 700 points from session...(MarketWatch)

Here's why popular China ETFs are on track for their best one-day gain in history

By Mark DeCambre KraneShares China ETF soars about 30% Wednesday The KraneShares CSI China Internet ETF was soaring on Wednesday, on track for its best daily gain, if the rally holds, in its history, as China vowed support its...(MarketWatch)

March 15, 2022
Alibaba stock keeps sinking toward a 6-year low, Nio stock also dives as Chinese ADRs continue selloff

The American depositary receipts (ADRs) of China-based companies continued their dive Tuesday, as upbeat economic data out of China wasn't enough assuage macroeconomic concerns, including fears of a fallout from Russian's invasion of Ukraine...(MarketWatch)

March 14, 2022
Alibaba stock sinks toward 6-year low as China ADRs take another dive

The U.S.-listed shares of Alibaba Group Holding Ltd. (9988.HK) sank 4.6% toward a six-year low in premarket trading Monday, as the China-based e-commerce giant continues to suffer from a broad selloff in China's stock market, as lockdowns...(MarketWatch)

February 19, 2022
As investors punish Shopify, these 15 ecommerce companies are expected to grow sales the most through 2023

By Philip van Doorn Analysts say Uber, Carvana and, yes, Shopify, will increase sales at an annualized pace of 30% or more Shopify had a blowout fourth quarter, with sales rising 41% from a year earlier, the company reported after the...(MarketWatch)

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