On August 24, Pinduoduo released its latest financial report, showing Q2 revenue of 112.4 billions CNY and Non-GAAP R&D investment of 4.3 billions CNY, a year-on-year increase of 40%. This year, Pinduoduo has continued to increase investment in industry development, technological research, and platform governance. In terms of platform governance, Pinduoduo has consistently allocated more resources, enhanced its technical prevention and control systems, expanded its professional governance team,

August 24, Pinduoduo released its latest financial report, with Q2 revenue of 112.4 billion yuan and Non-GAAP R&D investment of 4.3 billion yuan, a year-on-year increase of 40%. Since the beginning of this year, Pinduoduo has continued to intensify its investment in industry development, technology R&D, and platform governance. In platform governance, Pinduoduo has enhanced resource input, upgraded technological prevention systems, expanded its professional governance team, and extended governance initiatives to various segmented categories. In June alone, over 50 governance solutions in segmented fields were implemented, creating a safer, more regulated, and more trustworthy ecosystem for merchants and consumers.