PDD Holdings Inc (FRA:9PDA)
€ 127.5 -1 (-0.78%) Market Cap: 177.07 Bil Enterprise Value: 150.19 Bil PE Ratio: 23.77 PB Ratio: 7.15 GF Score: 80/100
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Q1 2019 Pinduoduo Inc Earnings Call Transcript

May 20, 2019 / 11:30AM GMT
Release Date Price: €19.8 (-0.50%)
Operator

Once again, ladies and gentlemen, we will now -- once again, ladies and gentlemen, thank you for standing by, and welcome to the Pinduoduo First Quarter 2019 Earnings Conference Call. (Operator Instructions)

I would now like to hand the conference over to our first speaker today, Mr. [Victor Zheng]. Please go ahead, sir.

Unidentified Company Representative

Thank you, operator. Hello, everyone, and thank you for joining us today. Pinduoduo's earnings release was distributed earlier and is available on our IR website at investor.pinduoduo.com as well as through GlobeNewswire services. On the call today from Pinduoduo are Mr. Zheng Huang, Chairman and Chief Executive Officer; and Mr. [David Leoh], Vice President of Strategy. Mr. Huang will review business operations and company highlights, followed by Mr. [Lu] who will discuss financials. They will both be available to answer your questions during the Q&A session that follows.

Before we begin, I'd like to remind you that this conference contains forward-looking statements made within the meaning of

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