拼多多上涨2.08%，报115.39美元/股，总市值1638.13亿美元

Group 1 - Pinduoduo's stock price increased by 2.08% to $115.39 per share, with a total market capitalization of $163.81 billion as of August 12 [1] - For the fiscal year ending March 31, 2025, Pinduoduo reported total revenue of 95.67 billion RMB, representing a year-on-year growth of 10.21%, while net profit attributable to shareholders decreased by 47.35% to 14.74 billion RMB [1] Group 2 - Pinduoduo is scheduled to release its fiscal year 2025 interim report on August 25, with the actual disclosure date subject to company announcements [2] - Founded in April 2015 in the Cayman Islands, Pinduoduo operates through its domestic company Shanghai Xunmeng Information Technology Co., Ltd., which was established in 2014 [2] - Pinduoduo's core business model is based on social group buying, emphasizing significant subsidies, agricultural product promotion, and high-quality goods from production areas, aiming to serve the broadest base of ordinary consumers in China [2] - The platform operates under the philosophy of "good products at low prices," offering consumers heavily subsidized brand-name products, original agricultural products, factory goods, and new brand items [2] - Pinduoduo's unique "100 Billion Subsidy" initiative has set new records in terms of scale and duration for promotional activities within the Chinese e-commerce industry [2]