Pinduoduo Q1 2020 revenue beats estimate

Chinese e-commerce app Pinduoduo (Nasdaq:PDD) Q1 2020 results:

Revenue rose 44% to 6.54 billion yuan (916.6 million U.S. dollars), beats estimate.

Net loss widened to 4.12 billion yuan from 1.88 billion yuan a year earlier.

Average MAU was 487 million.

Editor: Li Menglin

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