Sina Technology News Beijing time on the evening of August 24 news,Pinduoduo(Nasdaq: PDD) today released its financial report for the second quarter of 2021 as of June 30, with total revenue of RMB 23.462 billion (approximately US$3.5694 billion), an increase of 89% compared to RMB 12.193 billion in the same period last year. . The net profit attributable to the common shareholders of Pinduoduo was RMB 2,414.6 million (approximately US$374 million), compared with a net loss of RMB 899.3 million in the same period last year. Not in accordance with US GAAP, the net profit attributable to Pinduoduo’s common shareholders was RMB 4,125.3 million (approximately US$638.9 million), compared with a net loss of RMB 77.2 million in the same period last year.
According to the financial report, Pinduoduo’s R&D expenditure in the second quarter was RMB 2.328.8 billion (US$360.7 million), an increase of 40% from RMB 1.6624 billion in the same period last year.
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