Revenue in the first quarter was higher than expected by 15% before the long market.

FAP, May 26 (Xinhua)-- pinduoduo's increase in pre-market trading in the US stock market further expanded to 15%. The financial report showed that the company's revenue in the first quarter was 37.64 billion yuan, an increase of 58% over the same period last year and exceeding market expectations of 31.981 billion yuan. Pinduoduo made a net profit of 10.13 billion yuan on NON-GAAP in the first quarter, an increase of 141% over the same period last year.