PDD stock forecast 2025: 2021 Q1 financial report analysis

PDD released the financial report for the first quarter of 2021.

According to the financial report, as of March 31, 2021, Pinduoduo's annual active buyers reached 823.8 million, a net increase of 195.7 million over the same period of the previous year, leading China's other domestic e-commerce platforms for the second consecutive quarter.

In terms of revenue, Pinduoduo’s revenue in the first quarter was 22.167 billion yuan, a year-on-year increase of 239% from 6.541 billion yuan in the same period last year.

Under non-general accounting standards, the platform’s net loss attributable to ordinary shareholders in the first quarter was RMB 1,890.3 billion, compared with a net loss of RMB 3.169 billion in the same period last year, and the net loss was significantly narrowed.

PDD officially enters a new era of 800 million users

The financial report shows that as of March 31, 2021, the number of active buyers on the Pinduoduo platform reached 823.8 million, officially entering a new era of 800 million users at a record speed, further achieving the goal of serving the largest number of users in China.

In the last quarter, Pinduoduo's user scale reached 788 million, making it the first e-commerce platform with the largest user scale in China. On this basis, Pinduoduo still maintained a user growth rate of more than 30% year-on-year in this quarter and continued to expand its lead.

In the context of the continuous recovery of China’s domestic consumer market, in the first quarter of 2021, the average monthly active users of Pinduoduo’s APP reached 724.6 million, compared with 487.4 million in the same period last year, an increase of 49% year-on-year, and the indicator of annual buyers continued to grow.

From 78% in the first quarter of 2020 to 88% in the first quarter of 2021, the scale and stickiness of users have maintained rapid growth.

More and more global first-tier brands choose to settle in Pinduoduo.

In the last quarter, the number of merchants on the Pinduoduo platform totaled more than 8.6 million, and this quarter continued to maintain rapid growth.

Pinduoduo’s "10 billion subsidies" brand flagship stores increased by more than 10 times year on year.

Among them, brands such as digital home appliances, beauty, and clothing increased the most, and only small household appliances brand flagship stores increased by more than 600.

With the strong support of ecosystem partners such as platform merchants, brand owners, and service providers, the number of active users of Pinduoduo’s “10 Billion Subsidy” channel has exceeded 100 million, and more than 10 million people buy orders every day, effectively satisfying the majority of China’s The needs of users for a better life.

"As our scale continues to grow, we are more capable and more responsible for fulfilling the mission of inclusiveness," said Chen Lei, chairman, and chief executive officer of Pinduoduo.

Pinduoduo Future is a platform that can promote the transaction of goods and services and a channel to transform innovation into solutions to daily problems.

Revenue in the first quarter increased by 239% year-on-year, increasing investment in agricultural infrastructure.

The financial report shows that in the first quarter of 2021, Pinduoduo achieved revenue of 22.167 billion yuan, a year-on-year increase of 239%, which was significantly higher than market expectations.

Analysts predict Pinduoduo's revenue in the first quarter will be 20.4 billion yuan.

Pinduoduo's revenue growth was mainly due to the strong growth of online marketing technology service revenue. In the first quarter, platform online marketing technology service revenue was 14.11115 billion yuan, a year-on-year increase of 157%, and merchandise sales revenue was 5.124 billion yuan.

Pinduoduo continued to increase subsidies and coverage for high-quality goods this quarter to meet the diverse needs of users. In the first quarter, the platform's sales and marketing expenses were 12.997 trillion yuan, an increase of 78% from 7.296.6 billion yuan in the same period last year.

As of March 31, 2021, Pinduoduo's cash and cash equivalents and short-term investments amounted to 83.4 billion yuan. Driven by strong revenue, the operating loss and net loss for the quarter narrowed at the same time.

The financial report shows that the net loss attributable to ordinary shareholders under non-general accounting standards was 1.890.3 billion yuan, which was significantly narrower than the net loss of 3.169 billion yuan in the same period last year.

As China's largest agricultural product uplink platform, Pinduoduo continued to build an agricultural product infrastructure platform this quarter.

In the field of agricultural scientific research, Pinduoduo has also successively carried out in-depth cooperation with many top scientific research institutions, academicians, and experts at home and abroad, and continued to invest in scientific planting, agricultural robots, smart agriculture, future food, and other fields.

It is understood that Pinduoduo has just joined with Singapore Institute of Food and Biotechnology Innovation to conduct pioneering research on new plant-based meat.

Before this, Pinduoduo also launched a scientific research project based on pesticide residue testing to explore food safety issues in depth.

"Pinduoduo is working towards its goal of becoming the world's largest agricultural and daily necessities platform," said Pinduoduo's chairman and chief executive officer.

In the next five years, Pinduoduo will continue to cooperate with local governments and agricultural institutions to increase technical training for farmers, use technology to empower agricultural production, and promote rural revitalization.

Comments

Coinbase stock forecast 2025: Negative for two consecutive days

For investors in the currency circle, these two days are destined to be an uneasy day. First, the Republic of El Salvador officially regarded Bitcoin as a legal currency for trading, and then Bitcoin experienced a wave of flash crashes. The price once plummeted from $52,800 by 19% to $42,900. Finally, the Bitcoin exchange Coinbase was negative for two consecutive days. Let me talk about the fact that El Salvador uses Bitcoin as a legal currency. To attract more foreign investment and provide lower-cost financial and foreign exchange services, the Salvadoran government-approved Bitcoin as a legal currency as early as June this year and decided to officially implement this currency on September 7, which is yesterday. policy. The government plans to distribute $30 worth of bitcoin to residents who have registered for e-wallets, with a total investment of up to 75 million U.S. dollars. But yesterday’s implementation results showed that the start of this plan was not smooth...

4 George Soros advice to investors!

Who is George Soros? George Soros is a Hungarian-born Jewish businessman. It is one of the most influential investors in the world. In 1969, the Double Eagle Fund was established for Arnhold & S. Bleichroeder, an investment management company. In 1973, Soros and his assistant Rogers left Bleichroeder to co-found Soros Fund Management. In 1979, the well-known Quantum Fund was established and continued to make profits. In the Asian financial turmoil in 1997, George Soros sniped the Thai baht and the Hong Kong dollar, which was frightening. Learning from the experiences of successful people can benefit a lot. Here are 4 tips George Soros gave investors. First, to be successful, you must have ample free time. Most people want to be rich, but not everyone realizes the importance of free time. Many people spend a lot of time working to accumulate wealth, sleep, and forget. Set the goal to complete the work indicated by the superior, or the needs of business partners. But they hav...

Will the Great Depression make a comeback?

the Great Depression On March 21, 2020, the United States already had initial unemployment data. Exceeding market expectations, the number of applicants reached 3.28 million, a record high. The current unemployment situation in the United States. Before March 7, employment in the United States was not affected by the epidemic. In the week of March 7, the number of people applying for unemployment benefits for the first time in the United States was 211,000, a decrease of 4,000 compared to the previous week. It is still healthy. This shows that the United States is in a good employment track range. The actual data began to fluctuate, that is, the data for the week of March 14, the number of people applying for relief reached 282,000, a slight increase. On March 21, the number of people applying for unemployment benefits soared to a record high this week. 1.7 million people have far exceeded expectations, and market expectations are about 1.5 to 1.7 million people. It can be said...

The signal that the stock market has peaked?

the stock market Although I know how to judge when the bear market is over and when I should buy at the bottom, I still don't know how to judge the selling at the top. I'm afraid I don't know when to leave the market after buying stocks in the future. If you have also tried to avoid the crash, stock market crash, and even bear market, or always hold stocks at these times. These four tricks are based on my experience in the stock market for more than 10 years. They help me hold cash early before many market declines, so I suggest that you must see the end. It is likely to help you invest in stocks. Raise to another level. Because knowing how to go is more important than knowing how to buy, and knowing how to go is an important factor in determining how much you can earn or lose. The first trick, everyone needs to learn to identify the Distribution Day. As the name implies, the shipping day is a day of huge selling pressure. On that day, it may be that large account...

Shopify stock forecast 2025：Is it worth buying?

In the last year, the stocks rose relatively well. Another sector is e-commerce. Whether it is Amazon, Alibaba, JD.com, Pinduoduo, SEA or vertical e-commerce platforms Etsy and Chewy, all of them have experienced huge gains, while another category has benefited from the e-commerce sector. The company is a website building tool company such as Shopify BigCommerce Holdings. Today I will talk about shopify, the leader of website building tools. First, let's briefly talk about shopify's business model. To put it simply, shopify is a fool-like website building platform. In the past, when a company wanted to build a corporate website, it generally needed to find a dedicated person to design and maintain the website. If you want to add shopping functions to the website, the cost of building the website will also increase. This is true for many small businesses and individual businesses. A very difficult thing. Shopify uses the SAAS model to provide websit...

TSM Stock Forecast and Price Target 2021

Today, I will analyze TSMC stocks in-depth with you. In the semiconductor sector, TSMC has always been my most promising stock. TSMC has just announced its results for the fourth quarter of 2020. At the same time, there are new developments in the entire chip industry recently. Therefore, today I will combine the financial report and chips. The latest developments in the industry to analyze the trend of TSMC stocks, First of all, we analyze TSMC’s fourth-quarter and full-year 2020 financial reports to see what are the key points worthy of investors’ attention. First, TSMC’s fourth-quarter revenue and profitability are very good. Compared with the outlook for Q4 in Q3, the outlook at that time was US$12.4-12.7 billion, and the actual revenue was US$12.68 billion. Actual revenue As the upper limit of the outlook, the gross profit margin outlook is 51.5%-53.5%, while the actual gross profit margin is 54%, which is better than the outlook. The operating net profit margin is expected t...

Barrick Gold stock price soars after Warren Buffett's buys a stake?

Has Buffett bought gold ? Buffett has not changed. Buffett does not want to hold physical gold, but he has never said that he will not buy shares in gold mining companies. Looking at the entire market, there are not many stocks that fit Buffett's trading. And Barrick Gold Company is just one of them. Buffett bought nearly 21 million shares, and the current share value is $563 million. We now look at the underlying logic of Buffett's purchase of Barrick Gold stock. Compared with physical gold ETFs, gold mining companies can respond positively to market conditions. There are financial reports to analyze, With dividends and stock repurchase plans, gold mining companies have the right to reward shareholders through capital return plans. In contrast, the physical gold ETF has no gains. The market generally believes that it is still in the upward cycle of gold prices . The current international environment is one where black swans emerge one after another. While paying att...

AMZN stock forecast 2025： Amazon's main advantages

On July 6, after the US stock market opened, Amazon broke through $3,600, a record high. Amazon has been oscillating between 3000-3500 US dollars in the past year, and the stock price finally broke through. Amazon is a stock that has a high valuation from PE but is seriously undervalued by the market from the perspective of its development prospects. It is one of my favorite technology stocks. Amazon's main advantages are: 1. Amazon's current GMV is only half that of Alibaba. Looking at the current penetration rate of e-commerce in China and the future penetration rate of e-commerce in the United States, we will find that Amazon e-commerce has huge growth potential in the United States. Amazon e-commerce is far from saturated in the United States. 2. Cloud computing has unlimited potential. As the industry leader, Amazon's cloud computing can maintain a growth rate of 20%-30% for many years in the future. 3. The international ...

The Federal Reserve implements interest rate hikes or cuts？

Generally speaking, the Federal Reserve implements interest rate hikes or cuts. Interest rate rises are austerity monetary policies, and interest rate cuts are a loose monetary policy. When the rate hike cycle begins, it indicates that the Federal Reserve is optimistic about the future economic outlook, economic data shows a positive outlook, and market sentiment is optimistic. To avoid excessive economic growth, the Federal Reserve has implemented austerity monetary policy and implemented interest rate hikes. When the interest rate cut cycle begins, it means that the Federal Reserve is bad on the future economic outlook, the economic data shows a bad trend, and the market is pessimistic. To stimulate economic growth, the Federal Reserve has implemented a loose monetary policy and implemented interest rate reductions. Correlation between the S & P 500 and Federal Reserve interest rates Historical data from the S & P 500 shows that when the rate hike cycle begins, the sto...

INTC stock forecast 2025: Intel's acquisition of SiFive

SiFive, a chip design start-up company based on the RISC-V instruction set architecture, has received an acquisition intention from investor Intel. A person familiar with the matter, who asked not to be named, said that Intel has offered to buy SiFive for more than $2 billion. RISC-V with x86 and Arm As we all know, Intel dominates the industry leader in x86 architecture chip technology, while SiFive focuses on open-source RISC-V technology and employs several founding members of the RISC-V architecture. For a long time, the field of CPU instruction set architecture has been dominated by x86 and Arm. Since RISC-V was born at the University of California, Berkeley in 2010, it has gradually formed a certain competitive landscape with Arm after more than ten years of development. With the gradual refinement of the application field, the model of one chip making the world has become a thing of the past. Facing the hot AI and Internet of Things market, RISC-V i...

FinanceLinkway

Search This Blog