PDD(PDD) - 2022 Q2 - Quarterly Report

Exhibit 99.1 Pinduoduo Announces First Quarter 2022 Unaudited Financial Results SHANGHAI, CHINA, May 27, 2022 (GLOBE NEWSWIRE) – Pinduoduo Inc. ("Pinduoduo" or the "Company") (NASDAQ: PDD), China's largest agriculture platform, today announced its unaudited financial results for the first quarter ended March 31, 2022. First Quarter 2022 Highlights · Total revenues in the quarter were RMB23,793.7 million (US$3,753.4 million), an increase of 7% from RMB22,167.1 million in the same quarter of 2021. · Average m ...