Pindu more than 4%, the market value of US stocks surpassed Alibaba. As of now, Pinduoduo has a market value of $ 192 billion and Alibaba 191.5 billion US dollars. Since this year, Pinduoduo has risen more than 77%.
Pinduoduo previously released financial reports. The financial report showed that in the third quarter, revenue was 68.84 billion yuan, an increase of 93.9%year -on -year. The net profit of the United States GM accounting standards was 15.54 billion yuan and the net profit margin was 22.6%.