Pinduoduo Inc. operates an e-commerce platform in the People's Republic of China. It also operates Pinduoduo, a mobile platform that offers a range of priced merchandise. The company was formerly known as Walnut Street Group Holding Limited and changed its name to Pinduoduo Inc. in July 2018. Pinduoduo Inc. was founded in 2015 and is based in Shanghai, the People's Republic of China.
Industry, Sector and Symbol
Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorRetail/Wholesale
CIKN/A
Phone86-21-5266-1300
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.91 billion
Profitability
Miscellaneous
Employees1,159
Next Earnings Date11/19/2019 (Estimated)
OptionableOptionable
Pinduoduo (NASDAQ:PDD) Frequently Asked Questions
What is Pinduoduo's stock symbol?
Pinduoduo trades on the NASDAQ under the ticker symbol "PDD."
How were Pinduoduo's earnings last quarter?
Pinduoduo Inc (NASDAQ:PDD) announced its quarterly earnings results on Wednesday, August, 21st. The company reported ($0.12) EPS for the quarter, beating analysts' consensus estimates of ($0.25) by $0.13. The firm earned $7.29 billion during the quarter, compared to analysts' expectations of $6.15 billion. Pinduoduo had a negative net margin of 30.74% and a negative return on equity of 28.55%. The company's quarterly revenue was up 169.1% on a year-over-year basis. View Pinduoduo's Earnings History.
When is Pinduoduo's next earnings date?
What price target have analysts set for PDD?
14 brokerages have issued 1-year price targets for Pinduoduo's shares. Their predictions range from $20.48 to $40.00. On average, they expect Pinduoduo's share price to reach $32.01 in the next year. This suggests that the stock has a possible downside of 6.1%. View Analyst Price Targets for Pinduoduo.
What is the consensus analysts' recommendation for Pinduoduo?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinduoduo in the last year. There are currently 2 sell ratings, 2 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Pinduoduo.
Has Pinduoduo been receiving favorable news coverage?
Media headlines about PDD stock have been trending somewhat negative recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Pinduoduo earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Pinduoduo.
Are investors shorting Pinduoduo?
Pinduoduo saw a increase in short interest in the month of August. As of August 15th, there was short interest totalling 40,951,800 shares, an increase of 10.8% from the July 15th total of 36,945,000 shares. Based on an average trading volume of 6,130,000 shares, the short-interest ratio is currently 6.7 days. Currently, 6.5% of the company's stock are short sold. View Pinduoduo's Current Options Chain.
Who are some of Pinduoduo's key competitors?
Some companies that are related to Pinduoduo include Accenture (ACN), Paypal (PYPL), Booking (BKNG), Fidelity National Information Servcs (FIS), Worldpay (WP), NetEase (NTES), eBay (EBAY), First Data (FDC), Mercadolibre (MELI), Global Payments (GPN), FleetCor Technologies (FLT), Total System Services (TSS), CoStar Group (CSGP), Msci (MSCI) and Ctrip.Com International (CTRP).
What other stocks do shareholders of Pinduoduo own?
Who are Pinduoduo's key executives?
Pinduoduo's management team includes the folowing people:
- Mr. Huang Zheng, Chairman & CEO (Age 39)
- Mr. Tian Xu, VP of Fin. (Age 40)
- Mr. Junyun Xiao, Sr. VP of Operation (Age 39)
- Mr. Lei Chen, Chief Technology Officer (Age 39)
- Mr. Christian Arnell, Investor Relations Officer
When did Pinduoduo IPO?
(PDD) raised $1.5 billion in an initial public offering on Thursday, July 26th 2018. The company issued 85,600,000 shares at $16.00-$19.00 per share. Credit Suisse, Goldman Sachs (Asia) and CICC served as the underwriters for the IPO and China Renaissance was co-manager.
Who are Pinduoduo's major shareholders?
Pinduoduo's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (0.80%), Morgan Stanley (0.80%), Hillhouse Capital Advisors LTD. (0.65%), Sumitomo Mitsui Trust Holdings Inc. (0.40%), Vanguard Group Inc. (0.37%) and Sylebra Capital Ltd (0.32%).
Which institutional investors are selling Pinduoduo stock?
PDD stock was sold by a variety of institutional investors in the last quarter, including Taikang Asset Management Hong Kong Co Ltd, TB Alternative Assets Ltd., Prudential Financial Inc., Segantii Capital Management Ltd, Allianz Asset Management GmbH, Pictet Asset Management Ltd., Pictet Asset Management Ltd. and Krane Funds Advisors LLC.
Which institutional investors are buying Pinduoduo stock?
PDD stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Hillhouse Capital Advisors LTD., Renaissance Technologies LLC, Nikko Asset Management Americas Inc., Sumitomo Mitsui Trust Holdings Inc., Sylebra Capital Ltd, KEYWISE CAPITAL MANAGEMENT Ltd and WT Asset Management Ltd.
How do I buy shares of Pinduoduo?
Shares of PDD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Pinduoduo's stock price today?
One share of PDD stock can currently be purchased for approximately $34.08.
How big of a company is Pinduoduo?
Pinduoduo has a market capitalization of $37.96 billion and generates $1.91 billion in revenue each year. The company earns $-1,486,020,000.00 in net income (profit) each year or ($2.00) on an earnings per share basis. Pinduoduo employs 1,159 workers across the globe.View Additional Information About Pinduoduo.
What is Pinduoduo's official website?
How can I contact Pinduoduo?
Pinduoduo's mailing address is 28/F NO. 533 LOUSHANGUAN ROAD CHANGNING DISTRICT, SHANGHAI F4, 200051. The company can be reached via phone at 86-21-5266-1300 or via email at [email protected]
MarketBeat Community Rating for Pinduoduo (NASDAQ PDD)
MarketBeat's community ratings are surveys of what our community members think about Pinduoduo and other stocks. Vote "Outperform" if you believe PDD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PDD will underperform the S&P 500 over the long term. You may vote once every thirty days.
