Pinduoduo Q2 financial report: operating costs 14.8 billion yuan, the cost accounted for 47% in the short term

On August 29, Pinduoduo released the second quarter of 2022 financial reports.The financial report shows that Pinduoduo's revenue in the second quarter was 31.44 billion yuan, an increase of 36%year -on -year. The net profit of ordinary shareholders under general shareholders under the United States is 8.90 billion yuan.

In addition, affected by occasional factors such as passive extension of some projects and significant reduction in business activities of travel, the operating costs of Pinduoduo in the second quarter were 14.78 billion yuan, and the proportion of income decreased from 57%in the same period last year to 47%of this quarter.

Liu Yan, Vice President of Pinduoduo Finance, said that in the first half of the half quarter, some projects were postponed and reduced business activities, which affected the overall expenses in the second quarter in the short term.

The "2022 new craftsmanship" will focus on the rural industry belt and promote the "ingenuity and good things" in various places.(Photo by Wei Tao)

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