PDD Pinduoduo Inc. Sponsored ADR Class A

Pinduoduo backs first of its kind study by Singapore researchers on health impact of plant-based meats

Pinduoduo backs first of its kind study by Singapore researchers on health impact of plant-based meats

SHANGHAI, China, May 26, 2021 (GLOBE NEWSWIRE) -- Plant-based proteins have exploded into the public consciousness in recent years, with proponents touting their benefits for the environment and animal welfare. But are these products good for consumers?

To try and quantify the impact on human health, Pinduoduo, China’s leading agricultural platform, has teamed up with the Singapore Institute of Food and Biotechnology Innovation (SIFBI) to conduct a study that aims to determine the nutritional impact from replacing traditional animal proteins with plant-based proteins.

This study will be the first of its kind to focus specifically on novel plant-based meats and their impact on human health. This sets it apart from broader research looking at the health impact of plant-based diets. As these novel foods become more commonplace, consumer education and information about nutrition also needs to keep up. Pinduoduo and SIFBI signed the research project agreement on 26th May.

"It's often said that we are what we eat, but increasingly, we have come to realize that our planet also depends on what and how we eat," said Xin Yi Lim, Executive Director of Sustainability and Agricultural Impact at Pinduoduo. "Personal decisions about food and diet have a collective impact on public health and the environment. We hope that by facilitating and sharing nutritional research, we can all make more informed decisions that are right by us and the environment.”

The nutrition study marks the second collaboration between Pinduoduo and SIFBI, part of Singapore’s Agency for Science, Technology and Research (A*STAR). Last year, the two parties embarked on a project to develop a more portable and lower-cost test for pesticide residues for produce, with the aim of improving consumer confidence and food safety.

Pinduoduo sold more than $40 billion worth of agricultural products in China through its marketplace last year. The research projects are part of its broader objective to safeguard the quality and safety of the food bought by the 824 million consumers who shop on its platform.

By conducting the plant-based protein nutrition research in multiracial Singapore, researchers will be able to study whether different ethnic groups respond differently to plant-based novel proteins. Singapore also has a growing range of plant-based protein products available.

Professor Christiani Jeyakumar Henry, Senior Advisor at SIFBI and Principal Investigator for the study said, “As Asian consumers become more educated and affluent, and hence demand more plant-based proteins, many food and nutrition companies are responding by developing alternative protein food products. Human nutrition is a complex field, and we need more studies that look holistically at the nutritional impact of these food products over time, to inform the food industry of its potential benefits or the need for reformulation. SIFBI is pleased to be part of this partnership with Pinduoduo that can help anchor Singapore’s position as a leading innovation hub for high-value novel foods.”

In the coming months, SIFBI researchers will survey subjects in Singapore for comparative studies examining the nutritional and health impacts of substituting traditional animal proteins with plant-based proteins over various time periods.

About Pinduoduo Inc.

Pinduoduo is a mobile-only marketplace that connects millions of agricultural producers with consumers across China. Pinduoduo aims to bring more businesses and people into the digital economy so that local communities can benefit from the increased productivity and convenience through new market opportunities.

For more information on Pinduoduo news and industry trends, please visit the content hub at .



For media inquiries, please contact:
Pinduoduo Inc.
 
EN
26/05/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Pinduoduo Inc. Sponsored ADR Class A

Julia Pan Mengyao
  • Julia Pan Mengyao

China Internet: 4Q25 Results Recap: AI Bringing Disruptions And Opport...

China online retail companies’ 4Q25 revenue and margins were pressured by the high-base effect and the persistently intense on-demand delivery competition, which are likely to ease in 2026, seeing the solid NBS retail data for Jan-Feb 26, and the latest policy. Meanwhile, online gaming and OTA reported resilient 4Q25 top-line growth and continuous margin improvement, empowered by improved AI efficiency and benign competition. We expect improving AI monetisation and mixed earnings as AI investmen...

Julia Pan Mengyao
  • Julia Pan Mengyao

PDD Holdings (PDD US): 4Q25: Earnings Miss; Commission Revenue Growth ...

PDD’s 4Q25 results are largely in line. Revenue increased 12% yoy to Rmb124b, in line with consensus estimate. Non- GAAP net profit decreased 12% yoy to Rmb27.4b, due to a decline in forex losses and higher-than-expected income tax, thus missing consensus forecast. Non-GAAP net margin expanded 6ppt yoy to 21%. Looking ahead, PDD expects its topline growth and profitability to continue fluctuating due to its merchant support strategy. Maintain BUY with a lower target price of US$134.00.

Jin Yoon
  • Jin Yoon

PDD 4Q25 Results: Supply Chain Remains a Key Area of Investments

What’s new: PDD’s reported 4Q25 revs that are largely in-line with consensus and above our expectations. Visibility on profitability would remain limited as the company is willing to let go of short term profit in exchange for long-term development of the platform ecosystem. We lower our PT from US$120 to US$110 on lowered margin expectations. Our updated PT of US$110 implies 9.8x FY26E P/E. We maintain our NEUTRAL rating. Analysts: Jin Yoon

Carol Dou Xiao Qin ... (+9)
  • Carol Dou Xiao Qin
  • Claire Wang Kelai
  • Joyce Chu
  • Julia Pan Mengyao
  • Shirley Wang Xueyi
  • Stella Guo Yuting
  • Sunny Chen
  • Tham Mun Hon
  • Ziv Ang Sze Champ

Greater China Daily: Thursday, March 26, 2026

Top Stories Company Results | Anhui Conch Cement (914 HK/BUY/HK$21.74/Target: HK$26.10) Conch reported 2025 net profit of Rmb8,464.5m (+5.1% yoy), below expectations due to weaker cement prices, with revenue down 9.3% yoy. Cement sales volumes remained resilient at 265m tonnes (-1.1% yoy), outperforming industry declines of 6.9% yoy. Cement unit production cost fell 11.1% yoy to Rmb166.42/tonne, vs a 6.4% yoy drop in blended cement ASP, lifting group gross margin to 23.0% (+2.3ppt yoy). Oversea...

Audrey Celia ... (+18)
  • Audrey Celia
  • Carol Dou Xiao Qin
  • Claire Wang Kelai
  • Desmond Chong Chee Wai
  • Heidi Mo Jinghui
  • John Cheong Ming Chern
  • Julia Pan Mengyao
  • Lester Siew
  • Malaysia Research Team
  • Philip Wong
  • Shirley Wang Xueyi
  • Stella Guo Yuting
  • Sunny Chen
  • Tham Mun Hon
  • Thanawat Thangchadakorn
  • Vincent Khoo Boo Aik
  • Willinoy Sitorus
  • Ziv Ang Sze Champ

Regional Morning Meeting Notes: Thursday, March 26, 2026

Greater China Company Results | Anhui Conch Cement (914 HK/BUY/HK$21.74/Target: HK$26.10) Conch reported 2025 net profit of Rmb8,464.5m (+5.1% yoy), below expectations due to weaker cement prices, with revenue down 9.3% yoy. Cement sales volumes remained resilient at 265m tonnes (-1.1% yoy), outperforming industry declines of 6.9% yoy. Cement unit production cost fell 11.1% yoy to Rmb166.42/tonne, vs a 6.4% yoy drop in blended cement ASP, lifting group gross margin to 23.0% (+2.3ppt yoy). Overse...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch