On August 24, Pinduoduo released its latest financial report. Revenue for the second quarter was 112.4 billion yuan, and non-GAAP R&D investment was 4.3 billion yuan, an increase of 40% over the previous year. Since this year, Pinduoduo has continued to increase its investment in industrial development, technology research and development, and platform governance. In terms of platform governance, Pinduoduo continues to increase resource investment, improve technical prevention and control systems, expand professional governance teams, and extend its governance reach to global segments. In June alone, it concentrated on implementing more than 50 segmented governance plans, creating a safer, more standardized, and more trustworthy ecological environment for merchants and consumers.

On August 24, Pinduoduo released its latest financial report. Revenue for the second quarter was 112.4 billion yuan, and non-GAAP R&D investment was 4.3 billion yuan, an increase of 40% over the previous year. Since this year, Pinduoduo has continued to increase its investment in industrial development, technology research and development, and platform governance. In terms of platform governance, Pinduoduo continues to increase resource investment, improve technical prevention and control systems, expand professional governance teams, and extend its governance reach to global segments. In June alone, it concentrated on implementing more than 50 segmented governance plans, creating a safer, more standardized, and more trustworthy ecological environment for merchants and consumers.