China’s Pinduoduo on Aug. 21 reported revenue of 12.2 billion yuan in the three months to June, an increase of 67% from the same period last year.
- The e-commerce company’s adjusted net loss, after excluding share-based compensation and other items, narrowed to 77.2 million yuan, compared to 411.3 million yuan a year earlier. - Shares of the New York listed company closed down 13.5% to $84 on Aug 21, following the earnings results.
ReutersBiz mak_robyn Investors in Tesla and Zoom have never heard of your hard numbers 😜.
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