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

VRTX stock forecast 2025: Vertex is undervalued

Let's look at some biotech companies with stable cash flow and currently undervalued value stocks as targets for diversified portfolios. The company I shared today, called Vertex Pharmaceuticals (VRTX), is dedicated to the development of rare diseases, especially Cystic Fibrosis (CF). I have always had high respect for the rare disease group of pharmaceutical companies in the disease category. In addition, in the future, gene and cell therapies are subverting the role of rare diseases in the pharmaceutical industry, making rare diseases no longer uncommon. It's tasteless, but a field full of the future. Vertex Pharmaceuticals Inc. was established in 1989 by Joshua Boger and Kevin Kinsella. is headquartered in Boston. At that time, several very good research and development companies were established in the United States, including the aforementioned Regeneron, Gilead, and today's Vertex. Vertex In the past, he devoted himself to the development of small molecule drugs, wh...

Bear market coming, gold(GLD) assets become essential

The economic data of the global economic powers have been deteriorating, entering the bear market stage of the economy, and people have become more cautious when choosing asset investment. We should choose investment products with a low correlation coefficient with economic performance and investment products suitable for the current economic cycle. Investors should pay more attention to foreign exchange and commodity markets so that they can add value to your assets. Among many assets, anti-inflation commodities such as gold have become essential assets. Take gold as an example. For many years, gold has been regarded as an anti-inflation commodity by international capital markets and has been regarded as an important asset hedging tool by investors. There is also a saying, "The world bought gold during turbulent times." From basic political theory, we know that gold is not currency, and the currency is naturally gold and silver. Although gold has withdrawn from ...

Why has international oil(USO) prices plummeted?

As OPEC and Russia failed in negotiations and could not reach an agreement to reduce production, Saudi Arabia issued a comprehensive production increase announcement. Russia followed Saudi Arabia to increase production. Due to the sharp increase in oil supply, international oil prices plummeted, and US stocks were affected by the spread of the epidemic, and international oil prices The plunge, the U.S. stock market plummeted, triggering multiple fuses. S&P500 Index Oil is a commodity whose price is affected by supply and demand. When oil production increases, supply increases, prices fall, and at the same time affected by the epidemic, demand decreases, and prices also fall. Oil supply increases and demand decreases, which is the main cause of the plunge in international oil prices. In terms of oil supply, since the United States developed shale oil, US oil production has become the world's largest. The production cost of shale oil is more than US $ 40, which is the ...

Capital Flows Tracking Weekly

Release: January 27, 2021 The weekly Capital Flows estimate the industry's total, based on the report covering more than 98% of mutual fund and ETF assets. Collect actual mutual fund net new cash flows and ETF net issuance together monthly; therefore, there is a discrepancy between these weekly estimates and monthly flows. The data from the previous few weeks reflect revisions due to data adjustments, reclassifications, and changes in the number of fund reports. Mutual fund data represents the estimated value of net new cash flows, that is, new sales minus redemptions plus net exchanges, while exchange-traded fund (ETF) data represents net issuance, that is, net issuance minus total Redemption amount. This series does not include data on mutual funds that primarily invest in other mutual funds and ETFs that primarily invest in other ETFs.

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...

Catherine Wood's Disruptive Innovation ETF: Is ARKK worth buying?

ARKK ETF by Catherine Wood Catherine Wood's Disruptive Innovation ETF Warren Buffett is a stock god that everyone respected in the past, but in the past year, the female stock god Catherine Wood has become famous for the rising trend of technology stocks, and his head completely overshadows Buffett. Therefore, this time I want to talk to you in detail about the prestigious history of this female stock god. Catherine Wood founded ARK Investment in 2014 and listed the funds under her management under Exchange Traded Funds to facilitate investors to buy and sell, but the management fee is as low as some passive funds that track an index, about 0.75% per year. Ark Investment launched 4 ETFs in September and October 2014. The themes are Next Generation Internet, Automation Technology and Robots, Innovative Technology, and Genetics. Among them, Innovative Technology is currently the flagship ETF of Ark Investment and the most most popular ETF w...

NFLX stock forecast 2025: plummeted 22% after the earnings report.

Time to talk about Netflix, which plummeted 22% after the earnings report. First of all, Netflix's financial report this time does have its thunderous place, but part of the reason for the 22% drop in one breath is because the market sentiment has been very bad recently. At this time, the financial report thunderous will be punished more than usual. It is a wake-up call for companies that are about to report financial reports in the future, so we try to hold the stocks in the hands of companies with relatively stable historical financial reports and try to balance our positions as much as possible, to reduce the risk of financial report storms. After all, this quarter In a more dangerous period, back to the point. Let's take a look at Netflix's financial report this time. In the fourth quarter of 2021, Netflix's EPS was $1.33, exceeding analysts' estimates of $0.82, and revenue was just in line with expectations, with $7.71 billion, an increase of 16% year-on-year...

Disney stock forecast 2025: Is it time to buy now?

The much-watched Disney released its second quarter financial report this year. Benefiting from the strong recovery of theme parks and the rapid growth of streaming media business, its net profit and revenue both beat expectations. Disney's stock price rose 5% after the market. Let's take a look at the highlights of Disney's earnings this quarter. In the second quarter, Disney’s total revenue reached 17.02 billion US dollars, exceeding analysts’ expectations of 16.76 billion US dollars, a year-on-year increase of 45.5%. Net profit turned from loss to profit, from a loss of US$4.721 billion last year to a profit of US$918 million. From the perspective of departmental business, Disney Parks, Experience and Products departments have brought a boost to the company's revenue. Since the economic restart, Disney's theme parks, cruise ships and offline merchandise retail businesses have all been greatly improved. The quarterly revenue of these bu...

Bitcoin vs Ethereum vs Dogecoin: Which one is suitable to buy?

Bitcoin（BTC), Ethereum(ETH), and Dogecoin（DOGE） are the three most-watched cryptocurrencies. As a young investor, he has a strong mentality of pursuing returns and accepting new things. In recent years, cryptocurrencies have become the new favorites of many people. In particular, these three digital currencies have attracted the most attention: Bitcoin, Ethereum, and Dogecoin. However, not all cryptocurrencies are created equally and trying to determine which type is right for you can cause confusion. Each currency has advantages and disadvantages, and which currency you choose to invest in will depend on your situation. Investing in cryptocurrency must bear the risk First of all, you must consider whether cryptocurrencies are suitable for you because all cryptocurrencies are highly speculative and subject to great volatility. They have experienced the "currency disaster" in recent weeks, with an adjustable-rate of more than 30%. Fur...

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...

FinanceLinkway

Search This Blog