Pinduoduo's US stock experienced a huge pre-market shock. Previously, it went straight down from a rise of more than 4% to a drop of nearly 10%, then quickly picked up. Now, the increase has expanded to 8%, surpassing Alibaba in total market value. According to the financial report just released, Pinduoduo's revenue for the first quarter was 86.81 billion yuan, with the market estimated at 76.86 billion yuan, up 131% year on year; adjusted net profit was 30.6 billion yuan, and the market estimated 15.53 billion yuan, up 202% year on year.
拼多多美股盘前巨震，现涨幅扩大至8%，总市值超越阿里巴巴
Pinduoduo's US stocks experienced a huge shock before the market. The increase has now increased to 8%, and the total market value surpasses Alibaba
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