Increase to 16% before pinduoduo
Pinduoduo released its third quarter financial report. The data showed that under non US GAAP, pinduoduo's net profit attributable to common shareholders in the third quarter was 466.4 million yuan, compared with a net loss of 1.660.4 billion yuan in the same period last year. For the first time, it achieved a single quarter profit, and the pre market increase further expanded to 16%.
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