Pinduoduo (PDD) reported earnings on Wed 21 Aug 2019 (b/o)

** charts after earnings **

 

Pinduoduo beats by $0.15; beats on RMB revs

Reports Q2 (Jun) loss of $0.04 per share, $0.15 better than the S&P Capital IQ Consensus of ($0.19); revenues rose 169.1% year/year to RMB 7.29 bln vs the RMB 6.15 bln S&P Capital IQ Consensus.

GMV in the twelve-month period ended June 30, 2019 was RMB709.1 billion, an increase of 171% from RMB 262.1 billion in the twelve-month period ended June 30, 2018.

Average monthly active users in the quarter were 366.0 million, an increase of 88% from 195.0 million in the same quarter of 2018.

Co also announced the appointment of Anthony Kam Ping Leung to serve as an independent director of the Company, effective on August 21, 2019.

IPOs this week : Jan. 21-25, 2019 (wk 4)

No companies are expected to price their IPOs this week, but there are plenty of share lockup expirations to keep an eye on.

Lockups expire on 

• Pinduoduo (NASDAQ:PDD), Provention Bio (NASDAQ:PRVB), Bloom Energy (NYSE:BE), Berry Petroleum (NASDAQ:BRY), Cango (NYSE:CANG), Aurora Mobile (NASDAQ:JG), Focus Financial (NASDAQ:FOCS), Tenable (NASDAQ:TENB) and Liquidia Technologies (NASDAQ:LQDA) on January 22.

• Adial Pharmaceuticals (NASDAQ:ADIL), Endava (NYSE:DAVA), Summit Wireless Technologies (WISA) and Opera (NASDAQ:OPRA) on January 23.

Pinduoduo (PDD) reported earnings on Tue 20 Nov 2018 (b/o)

** charts before earnings **

** charts after earnings **

Pinduoduo reports Q3 results

• Co reports Q3 EPS of (RMB 0.17) vs (RMB 0.25) single est; revs RMB 3.372 bln versus RMB 2.928 billion Capital IQ two est average.
• Average monthly active users in the quarter were 231.7 million, an increase of 226% from 71.1 million in the same quarter of 2017.

PDD : 3-month performance

Long trade : PDD +30% (9/18)

• 6 week later

Pinduoduo (PDD) began trading on the Nasdaq on 26 July 2018

Pinduoduo Inc. operates an e-commerce platform China.
The company was formerly known as Walnut Street Group Holding Limited and changed its name to Pinduoduo Inc. in July 2018.

• Sector: Consumer Cyclical
• Industry: Specialty Retail
• Full Time Employees: 1,159
• Founded in 2015 
• Based in Shanghai, China.
• http://www.pinduoduo.com