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Pinduoduo Doubled Value of Agriculture Business in 2020
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Pinduoduo Doubled Value of Agriculture Business in 2020

Mar 03, 2021
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Pinduoduo Doubled Value of Agriculture Business in 2020
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(Source: PDD)

Chinese e-commerce giant Pinduoduo (PDD) in 2020 reportedly doubled the gross merchandise value (GMV) of its agricultural sector dealings, exceeding the company’s previous estimate of 250 billion yuan.

Records show that the Nasdaq-listed company amassed a GMV of 270 billion yuan (US $42 billion) in the agriculture sector during 2020, represe…

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