Pinduoduo

Pinduoduo to Report Third Quarter 2019 Unaudited Financial Results on Nov 20, 2019

Retrieved on: 
Monday, November 4, 2019
Pinduoduo, NASDAQ, Finance, Economy of the United States, Companies

SHANGHAI, China, Nov. 04, 2019 (GLOBE NEWSWIRE) -- Pinduoduo Inc. (Pinduoduo) (NASDAQ: PDD), an innovative and fast growing new e-commerce platform and one of the leading Chinese e-commerce players, today announced that it will report its unaudited financial results for the third quarter ended Sep 30, 2019, before U.S. markets open on Wednesday, Nov 20, 2019.

Key Points: 
  • SHANGHAI, China, Nov. 04, 2019 (GLOBE NEWSWIRE) -- Pinduoduo Inc. (Pinduoduo) (NASDAQ: PDD), an innovative and fast growing new e-commerce platform and one of the leading Chinese e-commerce players, today announced that it will report its unaudited financial results for the third quarter ended Sep 30, 2019, before U.S. markets open on Wednesday, Nov 20, 2019.
  • Pinduoduos management will hold an earnings conference call at 7:30 AM U.S. Eastern Time on Nov 20, 2019 (8:30 PM Beijing/Hong Kong Time on the same day).
  • Dial-in numbers for the live conference call are as follows:

Pinduoduo Announces Closing of US$1 Billion Convertible Senior Notes Offering

Retrieved on: 
Sunday, September 29, 2019
Retailing, Trade, Online marketplaces, E-commerce, Pinduoduo, Social shopping, Shopping

SHANGHAI, China, Sept. 29, 2019 (GLOBE NEWSWIRE) -- Pinduoduo Inc. (Pinduoduo or the Company) (NASDAQ: PDD), an innovative and fast growing new e-commerce platform and one of the leading Chinese e-commerce players, today announced that it closed the offering (the Notes Offering) of US$1 billion in aggregate principal amount of convertible senior notes due 2024 (the Notes), which included the exercise in full by the initial purchasers of their option to purchase up to an additional US$125 million in aggregate principal amount of the Notes.

Key Points: 
  • SHANGHAI, China, Sept. 29, 2019 (GLOBE NEWSWIRE) -- Pinduoduo Inc. (Pinduoduo or the Company) (NASDAQ: PDD), an innovative and fast growing new e-commerce platform and one of the leading Chinese e-commerce players, today announced that it closed the offering (the Notes Offering) of US$1 billion in aggregate principal amount of convertible senior notes due 2024 (the Notes), which included the exercise in full by the initial purchasers of their option to purchase up to an additional US$125 million in aggregate principal amount of the Notes.
  • Pinduoduo is an innovative and fast growing new e-commerce platform that provides buyers with value-for-money merchandise and fun and interactive shopping experiences.
  • The Pinduoduo mobile platform offers a comprehensive selection of attractively priced merchandise, featuring a dynamic social shopping experience that leverages social networks as an effective and efficient tool.
  • Statements that are not historical facts, including but not limited to statements about Pinduoduos beliefs and expectations, are forward-looking statements.

Pinduoduo Prices Offering of US$875 Million Convertible Senior Notes

Retrieved on: 
Wednesday, September 25, 2019
Pinduoduo, Option, Convertible security

SHANGHAI, China, Sept. 25, 2019 (GLOBE NEWSWIRE) -- Pinduoduo Inc. (Pinduoduo or the Company) (NASDAQ: PDD), an innovative and fast growing new e-commerce platform and one of the leading Chinese e-commerce players, today announced the pricing of its previously announced offering (the Notes Offering) of US$875 million in aggregate principal amount of convertible senior notes due 2024 (the Notes).

Key Points: 
  • SHANGHAI, China, Sept. 25, 2019 (GLOBE NEWSWIRE) -- Pinduoduo Inc. (Pinduoduo or the Company) (NASDAQ: PDD), an innovative and fast growing new e-commerce platform and one of the leading Chinese e-commerce players, today announced the pricing of its previously announced offering (the Notes Offering) of US$875 million in aggregate principal amount of convertible senior notes due 2024 (the Notes).
  • The Company has granted the initial purchasers in the Notes Offering a 13-day option to purchase up to an additional US$125 million in principal amount of the Notes.
  • The Company may not redeem the Notes prior to October 1, 2022 unless certain tax-related events occur.
  • Prior to April 1, 2024, the Notes will be convertible at the option of the holders only upon satisfaction of certain conditions and during certain periods.

Pinduoduo Announces Proposed Offering of US$875 Million Convertible Senior Notes

Retrieved on: 
Monday, September 23, 2019
Pinduoduo, NASDAQ, Finance, Economy of the United States, Companies

SHANGHAI, China, Sept. 24, 2019 (GLOBE NEWSWIRE) -- Pinduoduo Inc. (Pinduoduo or the Company) (NASDAQ: PDD), an innovative and fast growing new e-commerce platform and one of the leading Chinese e-commerce players, today announced the proposed offering (the Notes Offering) of US$875 million in aggregate principal amount of convertible senior notes due 2024 (the Notes), subject to market and other conditions.

Key Points: 
  • SHANGHAI, China, Sept. 24, 2019 (GLOBE NEWSWIRE) -- Pinduoduo Inc. (Pinduoduo or the Company) (NASDAQ: PDD), an innovative and fast growing new e-commerce platform and one of the leading Chinese e-commerce players, today announced the proposed offering (the Notes Offering) of US$875 million in aggregate principal amount of convertible senior notes due 2024 (the Notes), subject to market and other conditions.
  • The Company intends to grant the initial purchasers in the Notes Offering a 13-day option to purchase up to an additional US$125 million in principal amount of the Notes.
  • The Notes will mature on October 1, 2024, unless repurchased, redeemed or converted in accordance with their terms prior to such date.
  • The interest rate, initial conversion rate and other terms of the Notes will be determined at the time of pricing of the Notes.