NASDAQ-listed interactive e-commerce platform 拼多多 has just posted its first ever profitable quarter in its five years of operation.
“Even though these profits were only non-GAAP profits, the significance of the first profitable [period] for 拼多多 is major,”老虎经纪公司的一位分析师说 证券日报.
As of the end of September 2020 拼多多 had approximately 731.3 million annual active buyers, for a YoY rise of 36%, and an increase of 195 million active buyers during the past year.
During the 12 months until the end of September 拼多多 saw 1.4576 trillion yuan in transactions, for a YoY rise of 73%.
拼多多 was founded in September 2015, and is China’在用户和订单方面都是第二大在线交易市场，仅次于马云’s Alibaba Group.