PDD - Pinduoduo Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
27.52
+0.49 (+1.81%)
At close: 4:00PM EST
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Previous Close27.03
Open27.17
Bid27.50 x 1800
Ask27.68 x 1200
Day's Range26.90 - 28.08
52 Week Range16.53 - 31.18
Volume5,253,268
Avg. Volume5,493,593
Market Cap31.761B
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-2.09
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est29.40
Trade prices are not sourced from all markets
  • Benzinga2 days ago

    Q4 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios

    The latest round of 13F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling. Takeaways From ...

  • GlobeNewswire9 days ago

    Pinduoduo Announces Pricing of Upsized Follow-on Public Offering of American Depositary Shares

    SHANGHAI, China, Feb. 08, 2019 -- Pinduoduo Inc. (“Pinduoduo” or the “Company”) (NASDAQ:PDD), an innovative and fast growing “new-ecommerce” platform and one of the leading.

  • Benzinga11 days ago

    E-Commerce Newcomer Pinduoduo Hopes To Raise $1 Billion

    Chinese e-commerce newcomer Pinduoduo Inc (NASDAQ: PDD) seeks to finance an operational expansion by raising $1 billion. "The pursuit and focus of our long-term vision and intrinsic value may not always translate into near-term profits.

  • Pinduoduo to Raise More Than $1 Billion in Alibaba Challenge
    Bloomberg11 days ago

    Pinduoduo to Raise More Than $1 Billion in Alibaba Challenge

    The Shanghai-based company plans to sell 37 million American depository shares, while investors market 14.8 million, according to a securities filing. The lockup period for PDD’s shares expired last month and the selling shareholders include Banyan Partners, Sun Vantage Investment and Lightspeed China. PDD has seen revenue soar since its founding in 2015, challenging the conventional wisdom that e-commerce giants Alibaba Group Holding Ltd. and JD.com Inc. had an unassailable lead in the market.

  • Chinese e-commerce challenger Pinduoduo is raising over $1 billion more
    TechCrunch12 days ago

    Chinese e-commerce challenger Pinduoduo is raising over $1 billion more

    The secondary event will also see a number of existing backers sell a portion of their stock, those sellers including Sequoia China, Lightspeed China and Banyan, according to a filing. Founded in September 2015 by ex-Googler Colin Huang, it adds a social twist to e-commerce by offering discounts for shoppers who gang up with friends or family to make group orders.

  • Financial Times12 days ago

    [$$] Pinduoduo looks to raise $1.5bn just 6 months after IPO

    The Shanghai-based company expects to net proceeds of at least $1.1bn from the sale of 37m American depositary shares. A further 14.8m shares are being sold by existing shareholders, including Banyan Partners, Sun Vantage Investment and Lightspeed China Partners. for China’s tech sector, with start-ups settling for lower funding and valuations than they had hoped, as investor sentiment has soured over China’s slowing economic growth and ongoing trade war with the US.

  • MarketWatch12 days ago

    Pindoudou plans secondary offering

    Pinduoduo Inc. said late Tuesday that it planned to sell 37 million of its American Depositary Shares. Pinduoduo stock was down 6.9% in after-hours trading Tuesday. The Chinese e-commerce company also said several shareholders plan to sell 14.8 million American Depositary Shares and that the underwriters would have 30 days to buy an additional 7.8 million shares. Goldman Sachs, Morgan Stanley, BofA Merrill Lynch, CICC and China Renaissance are acting as joint bookrunners for the deal. Pindoudou stock closed up 1.3% Tuesday as the S&P 500 index rose 0.5%.

  • GlobeNewswire12 days ago

    Pinduoduo Announces Proposed Follow-on Public Offering of American Depositary Shares

    Pinduoduo Inc. (“Pinduoduo” or the “Company”) (PDD), an innovative and fast growing “new-ecommerce” platform and one of the leading Chinese e-commerce players, today announced that it intends to offer and sell 37,038,000 American Depositary Shares (“ADSs”), each representing four Class A ordinary shares of the Company, and several shareholders (the “selling shareholders”) to offer and sell 14,815,000 ADSs, subject to market and other conditions, in an underwritten public offering. The underwriters will have a 30-day option to purchase up to an aggregate of 7,777,950 additional ADSs from the Company and the selling shareholders. The Company expects to use the net proceeds from the proposed offering to enhance and expand its business operations, for research and development, and for general corporate purposes and working capital, including potential strategic investments and acquisitions.

  • When Will Pinduoduo Inc. (NASDAQ:PDD) Breakeven?
    Simply Wall St.24 days ago

    When Will Pinduoduo Inc. (NASDAQ:PDD) Breakeven?

    Pinduoduo Inc.'s (NASDAQ:PDD): Pinduoduo Inc. operates an e-commerce platform in the People's Republic of China. The US$28b market-cap posted a loss in its most recent financial year of -CN¥498.7m and Read More...

  • GlobeNewswire26 days ago

    Finger Motion Announces Platform expansion and shareholders update

    Finger Motion, Inc. (OTC Markets: FNGR), a mobile payment and recharge platform company, today announced its financial results for the third quarter ended November 30, 2018. For the period ending November 30, 2018, FingerMotion Inc., recorded Gross Transaction Value (GTV) of RMB 597,123,595 (USD 88 million) on its Mobile Payment and Recharge services in China.  These results are for the 45 day period of October 16, 2018 through November 30, 2018.  Based on this time period the 12 month run rate of GTV without any contribution from PingDuoDuo (PDD) is RMB 4.843 billion (USD 712 million). Company onboarded more than 30 local digital platform providers offering its Mobile Payment and Recharge services in China.  Channel partners signed agreements, to offer direct payment and recharge services to China Unicom subscribers in different provinces of China.

  • Hackers Take Coupons Worth Tens of Millions of Yuan on Pinduoduo
    Bloomberg29 days ago

    Hackers Take Coupons Worth Tens of Millions of Yuan on Pinduoduo

    (Bloomberg) -- Coupons worth tens of millions of yuan were stolen Sunday morning after hackers used a vulnerability in Pinduoduo Inc.’s platform.

  • Reuters29 days ago

    China's Pinduoduo reports theft of online discount vouchers to police

    BEIJING (Reuters) - Chinese online group discounter Pinduoduo Inc (PDD.O) said on Sunday that an online collective exploited a loophole on its platform to "steal" tens of millions of yuan worth ...

  • Top IPOs of 2018
    Investopedialast month

    Top IPOs of 2018

    The number of companies engaged in initial public offerings (IPOs) in the U.S. in 2018 far surpassed rates in 2017 and 2016. The first three quarters of the year brought about 173 IPOs, raisinga combined $45.

  • ACCESSWIRElast month

    Today's Research Reports on Trending Tickers: Alibaba and Pinduoduo

    NEW YORK, NY / ACCESSWIRE / January 10, 2019 / U.S. markets rose for the fourth consecutive session on Wednesday as minutes released from the Federal Reserve's meeting in December showed the Fed would ...

  • Chinese IPOs raked in $9 billion in U.S. cash, then promptly fell 13% on average
    MarketWatch2 months ago

    Chinese IPOs raked in $9 billion in U.S. cash, then promptly fell 13% on average

    In China, the number 8 is a omen of good luck and prosperity. Indeed about 30 Chinese companies reaped over $9 billion in capital, going public in the U.S. markets in 2018, but the investors in many of these deals have not fared as well.

  • The 10 Biggest Tech IPOs of 2018: Winners and Losers
    Motley Fool2 months ago

    The 10 Biggest Tech IPOs of 2018: Winners and Losers

    It's been a big year for new offerings, and the sector's best performers may surprise you.

  • Chinese companies flooded into the U.S. IPO market in 2018
    Yahoo Finance2 months ago

    Chinese companies flooded into the U.S. IPO market in 2018

    Thirty-three Chinese companies went public in the U.S. this year, the most since 2010.

  • The Wall Street Journal2 months ago

    [$$] Tech Unicorns Are Going Public at Near-Record Pace

    Investors gripe that highly valued tech companies are eschewing the public markets and opting to remain private for longer. In 2019 some of the hottest names among the tech unicorns, including Uber Technologies Inc., Lyft Inc. and Slack Technologies Inc. are considering IPOs.

  • Reuters2 months ago

    China's Tencent Music jumps 11 percent in U.S. debut

    Shares of China-based music streaming company Tencent Music Entertainment rose about 11 percent in their U.S. debut on Wednesday, as investors shrugged off volatile markets to grab a piece of the fast-growing music streaming industry. Spotify is an investor in the Chinese company. The IPO raised $1.1 billion in proceeds and is one of the largest by a Chinese company in the United States this year, behind the $2.4 billion raised by video streaming company iQiyi , the $1.6 billion garnered by online group discounter Pinduoduo and the $1.15 billion by electric vehicle maker NIO Inc.

  • Reuters2 months ago

    China's Tencent Music raises nearly $1.1 bln in U.S. IPO

    (Updates sourcing, paragraphs 1-2, 4) By Joshua Franklin and Julia Fioretti NEW YORK/HONG KONG, Dec 12 (Reuters) - China-based music streaming company Tencent Music Entertainment Group said it raised close ...

  • Tencent Music Prices IPO at Low End of Range Amid Uncertain Market
    Zacks2 months ago

    Tencent Music Prices IPO at Low End of Range Amid Uncertain Market

    Tencent Music, the music streaming arm of Chinese tech behemoth Tencent Holdings (TCEHY), will price its U.S. initial public offering at $13 per share, the low end of its range, according to a source cited by The Wall Street Journal.

  • Reuters3 months ago

    Tencent Music presses play on $1.2 billion U.S. IPO

    HONG KONG/NEW YORK, Dec 3 (Reuters) - Tencent Music Entertainment launched its hotly-anticipated U.S. initial public offering (IPO) of up to $1.2 billion on Monday after global stock markets were boosted by a truce brokered by U.S. and Chinese leaders in their trade conflict. The music arm of tech giant Tencent Holdings is looking to raise between $1.07 billion and $1.23 billion in a New York Stock Exchange IPO, according to a filing with the U.S. Securities and Exchange Commission.

  • 4 Simple Reasons to Avoid Pinduoduo’s Stock
    Motley Fool3 months ago

    4 Simple Reasons to Avoid Pinduoduo’s Stock

    Don’t be fooled by this e-commerce underdog’s dazzling top line growth.