[TechWeb] March 13 news, pinduoduo today released the fourth quarter of 2018 and the full year results, data show that Q4, pinduoduo achieved revenue of 5.6539 billion yuan in 2018, the operating loss of the platform is 2.6409 billion yuan, NON-GAAP lost 2.1129 billion yuan. In a subsequent conference call, Huang Zheng, founder of pinduoduo, said that pinduoduo would set up a technical advisory board, a former global executive vice president of Microsoft, and now an independent director of pinduoduo, founder of YC China. Baidu Board Vice-Chairman Dr. Lu Qi will lead the technical committee related work.
Huang Wei said that based on distributed AI technology, the company has created a differentiated and personalized path for the e-commerce industry. As more and more users join the network and the daily activity increases, the company is continuously optimizing the AI engine to meet the deep and diverse needs of users. To this end, the company will set up a technical advisory committee to further strengthen the technical capabilities of Dr. Lu Qi and other committee members.
In addition, Huang Wei also revealed that the company will cooperate with many scientific research institutions around the world to promote the development of distributed AI technology.