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Pinduoduo platform GMV within the twelve-month interval ended December 31, 2021 was RMB2,441.0 billion (US$2,383.0 billion), a rise of 46% from RMB1,667.6 billion within the twelve-month interval ended December 31, 2020.
Whole revenues within the fourth quarter of 2021 had been RMB27,230.9 million (US$24,273.1 million), an improve of three% from RMB 26,547.7 million in the identical quarter of 2020. The corporate reported a This autumn EPS of $0.92, which was $0.57 higher than analyst estimates of $0.35.
The typical month-to-month energetic customers within the quarter was 733.4 million, a rise of two% from 719.9 million in the identical quarter of 2020.
The variety of energetic patrons within the twelve-month interval ended December 31, 2021, was 868.7 million, a rise of 10% from 788.4 million within the twelve-month interval ended December 31, 2020.
Statistics: complete annual prospects – Alibaba vs JD vs Pinduoduo
Annual spending per energetic purchaser within the twelve-month interval ended December 31, 2021 was RMB2,810.0 (US$441.0), an improve of 33% from RMB2,115.2 within the twelve-month interval ended December 31, 2020.
As of the top of 2021, Pinduoduo has related over 16 million farmers to its 868.7 million patrons nationwide. A complete of 61 billion orders had been positioned on the platform in 2021, representing a 59% improve from a 12 months in the past, pushed by surging agricultural orders.
As of the top of October 2021, greater than 126,000 younger farming professionals born after 1995 have joined the Pinduoduo platform, up from 85,700 in 2020 and 29,700 in 2019.
Pinduoduo will allocate earnings from the fourth quarter to the ten Billion Agriculture Initiative to deepen our digital inclusion efforts in agriculture.
Web earnings attributable to abnormal shareholders within the quarter was RMB6,619.5 million (US$1,038.8 million), in contrast with a internet loss attributable to abnormal shareholders of RMB1,376.4 million in This autumn 2020.
Non-GAAP internet earnings attributable to abnormal shareholders within the quarter was RMB8,444.4 million (US$1,325.1 million), in contrast with a non-GAAP internet loss attributable to abnormal shareholders of RMB184.5 million in the identical quarter of 2020.
Money, money equivalents and short-term investments had been RMB92.9 billion (US$14.6 billion) as of December 31, 2021, in contrast with RMB87.0 billion as of December 31, 2020.
Pinduoduo and Taobao’s manufacturing methods
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