Shares of Pinduoduo PDD jumped 20% in midday trading after reporting a surprise adjusted profit and revenue growth in the company’s fiscal third quarter. At the close, PDD was up 20.4% to $134.21 per share. PDD has more than quadrupled from its mid-March 52-week low of above $30Revenue jumped 89% year-over-year while adjusted profit of 0.33 yuan per American depository share beat analyst estimates. Chief Executive Lei Chen said that user engagement played a big part in the company’s strong third quarter performance—monthly active users increased by 50% to 634.4 million and active buyers hit 536.3 million, up 36% year-over-year.Pinduoduo is a Shanghai-based e-commerce platform, and is the second-largest online marketplace in China behind Alibaba BABA.Just Released: Zacks’ 7 Best Stocks for TodayExperts extracted 7 stocks from the list of 220 Zacks Rank #1 Strong Buys that has beaten the market more than 2X over with a stunning average gain of +24.3% per year.These 7 were selected because of their superior potential for immediate breakout.See these time-sensitive tickers now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Pinduoduo Inc. Sponsored ADR (PDD): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research