news paper icon

Analyzed News

Pinduoduo beats revenue estimates as demand for online shopping soars

China's Pinduoduo Inc beat first-quarter revenue estimates on Friday, as more people shopped at its e-commerce platform during coronavirus lockdowns that shut down most brick-and-mortar shops. [Source]

Publication Date:

Origin: reuters.com

Category: technologyNews

Topics: estimates, revenue, Pinduoduo, shops, brick-and-mortar, lockdowns, coronavirus, platform, e-commerce, shopped, people, first-quarter, China's, soars, shopping, online, demand, beats

Source: http://feeds.reuters.com/~r/reuters/technologyNews/~3/jdt9zmvIRcM/pinduoduo-beats-revenue-estimates-as-demand-for-online-shopping-soars-idUSKBN22Y1EJ