PingduoduoPre-market gains widened to 5% to $137.36.

Pinduoduo's financial report shows that revenue in the first quarter of 2021 was 22.17 billion yuan, exceeding market expectations of 20.199 billion yuan, and 6.541 billion yuan in the same period last year, a year-on-year increase of 239%. In the first quarter, the loss per ADS was 2.33 yuan, and the market expected loss was 3.58 yuan, compared with 3.54 yuan in the same period last year. As of March 31, 2021, the number of annual active buyers of pinduoduo reached 823.8 million, a net increase of 195.7 million over the same period of the previous year, leading other domestic e-commerce platforms for the second consecutive quarter.