2018年第四季度以及全年拼多多财报.pdfVIP

Pinduoduo Announces Fourth Quarter and Fiscal Year 2018 Results SHANGHAI, CHINA, March 13, 2019 – Pinduoduo Inc. (Pinduoduo or the Company) (NASDAQ: PDD), an innovative and fast growing “new e-commerce” platform and one of the leading Chinese e-commerce players, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2018. Fourth Quarter 2018 Highlights 1 ⚫ GMV in the twelve-month period ended December 31, 2018 was RMB471.6 billion 2 (US$ 68.6 billion), an increase of 234% from RMB 141.2 billion in the twelve-month period ended December 31, 2017. ⚫ Total revenues3 in the quarter were RMB5,653.9 million (US$822.3 million), an increase of 379% from RMB1,179.4 million in the same quarter of 2017. 4 ⚫ Average monthly active users in the quarter were 272.6 million, an increase of 93% from 141.0 million in the same quarter of 2017. 5 ⚫ Active buyers in the twelve-month period ended December 31, 2018 were 418.5 million, an increase of 71% from 244.8 million in the twelve-month period ended December 31, 2017. ⚫ Annual spending per active buyer6 in the twelve-month period ended December 31, 2018 was RMB 1,126.9 (US$163.9), an increase of 95% from RMB576.9 in the twelve-month period ended December 31, 2017. “We had a strong finish to 2018 in the fourth quarter,” said Mr. Zheng Huang, Chairman and 1 “GMV” refers to the total value of all orders for products and services placed on the Pinduoduo mobile platform, regardless of whether the products and services are actually sold, delivered or returned. Buyers on the platform are not charged for shipping fees in addition to the listed price of merchandise. Hence, merc