Pinduoduo Ended 2021 With a Bang

Last year was pivotal for Pinduoduo (NASDAQ: PDD), an up-and-rising e-commerce platform in China. 

After delivering its first operating profit in the second quarter of 2021, the company sustained its profitability in the next two quarters. It also grew revenue (excluding merchandise sales) by 28% year over year in the fourth quarter of 2021.

But there's more to these headline-grabbing numbers. Here are some major takeaways for the company in 2021.

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Source Fool.com