Pinduoduo, China's 3rd largest e-commerce giant, made $250 million in profit for Q3

A large part of Pinduoduo's growth was attributed to online marketing

Kenneth Ho

29 Nov, 2021

Pinduoduo, China's 3rd largest e-commerce giant, made $250 million in profit for Q3 | BEAMSTART News

- From our Sponsors -

Pinduoduo, the 3rd largest e-commerce giant from China, has had a great year.

The company's revenues have soared and so has its profits, according to its Q3 2021 report.

- Featured Sponsor -

Pinduoduo's Q3 results

  • Pinduoduo made $256.7 million in net profit for the third quarter of 2021.
  • This is a massive change from a year ago, where the company made a net loss of $122.8 million during the same period.
  • Pinduoduo's total revenues also rose significantly by 51%, standing at $3.3 billion.

What drove Pinduoduo's Q3 growth

  • A large part of Pinduoduo's growth was attributed to online marketing services, ranging from advertising, marketing campaigns, and product launches.
  • Online marketing services brought in $2.7 billion in revenues, growing by 44% compared to the previous year.
  • Monthly active users also grew significantly, standing at 741.5 million users — a 15% increase from the same period last year.

Pinduoduo's Q4 plans and beyond

  • Pinduoduo will double-down on R&D investments to introduce new offerings as well as improve its existing range of products.
  • These includes deepening their digital inclusion efforts in agriculture.
  • Pinduoduo is also promoting more young leaders to critical roles in the next six to 12 months.

- From our Sponsors -

Latest Jobs

Chief Executive Officer

Healthuno Healthcare India

Chennai, India (इंडिया)

Full Time

Salary Undisclosed

React Native Developer

SegWitz Sdn. Bhd.

Bandar Puteri Puchong, Malaysia

Full Time

MYR 4000 monthly

Affiliate Marketing Manager



Full Time

SGD 2000 — SGD 2500 monthly

Senior Analyst, Product


Petaling Jaya, Singapore

Full Time

Salary Undisclosed

Strategy and Growth Lead


Jakarta, Indonesia

Full Time

Salary Undisclosed

3D Creative Designer


Singapore , Singapore

Full Time

USD 4000 — USD 7000 monthly

Business Development Manager


Kuala Lumpur, Malaysia

Full Time

MYR 10000 — MYR 30000 monthly

Business Development Intern


Damansara Uptown, Malaysia


MYR 400 — MYR 500 monthly

HR Consultant/Recruiter

Fortune Cookie Wisdom Pte Ltd

Remote, Singapore

Contract / Freelance

Salary Undisclosed

Business Development Manager


Kuala Lumpur, Malaysia

Full Time

Salary Undisclosed

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest news, events, and opportunities.


Download the Community App

Connect with the BEAMSTART Entrepreneurship Community from the palm of your hands. Connect with CEOs/Founders, Investors, Business Leaders, and Professionals. Download below to instantly form partnerships and discover opportunities:

PlayStore ButtonAppStore Button

© 2016 - 2022 BEAMSTART. All Rights Reserved (Legal).