Lates News

Pinduoduo: Adjusted earnings per ADS are estimated at 22.07 RMB, compared to the previous estimate of 15.50 RMB; Revenue is estimated at 103.98 billion RMB, compared to the previous estimate of 103.93 billion RMB; Adjusted net profit is estimated at 32.71 billion RMB, compared to the previous estimate of 22.39 billion RMB; General and administrative expenses are estimated at 1.53 billion RMB, compared to the previous estimate of 1.91 billion RMB; Research and development expenses are estimated at 3.59 billion RMB, compared to the previous estimate of 3.5 billion RMB; Earnings per American Depositary Share are estimated at 20.75 RMB, compared to the previous estimate of 14.18 RMB; Net cash flow generated from operating activities is 21.64 billion RMB.