Pinduoduo Plans to Raise a Maximum of $1.87 Billion in U.S. IPO
China’s new e-commerce platform, Pinduoduo, plans to raise a maximum of $1.87 billion through its listing on the NASDAQ Global Select section, according to its ...
Tag: #Pinduoduo
Showing 12 of 69 posts with this tag
Pinduoduo to Enter Express Delivery Stations, Has Obtained Operating Permits
Pinduoduo will enter the express delivery station market, and its subsidiary has obtained operating permits for stations in many places.
5/8/20242 min read
Ep. 36: China Tech is Risky Business - Pinduoduo’s Hack and DJI’s Corruption Scandal
Ying-Ying Lu and Rui Ma talk about the dirty, risky, and more unseemly aspects of China tech, primarily focused on two stories that grabbed headlines recently: the “hack” at Pinduoduo, and the corruption scandal at DJI.
1/28/201921 min read
PDD Says It Needs to Invest More on Innovation, Warns Profit Levels Not Sustainable
PDD Holdings, the multinational commerce group that operates the Pinduoduo and Temu platforms, said that it’s unlikely to sustain current profitability with planned increases in technology investments amid intense industry competition.
11/28/20223 min read
Pinduoduo Goes Public in the U.S., Stock Price Surges 44%
China's social commerce group discount platform Pinduoduo had its debut on the Nasdaq at 7 p.m. July 26 (Beijing time), and ended its first trading day with a s...
7/27/20182 min read
Pinduoduo-linked Cross-Border E-Commerce Platform Temu Goes Live
A new e-commerce website and mobile app that bears the same registered address as Pinduoduo went live on September 1, weeks after speculation that the Chinese agriculture-focused technology company will launch a cross-border service.
9/2/20223 min read
Pinduoduo Expands Mindshare for Value-Conscious Consumers with Push into Real Estate
Pinduoduo (PDD), a pioneer of interactive ecommerce in China, brought its signature team purchase and value-for-money approach to real estate
7/15/20203 min read
Pinduoduo to Launch Cross-Border E-Commerce App in US Next Month
Pinduoduo, a Chinese agricultural-focused technology platform, is preparing a cross-border e-commerce app, expected to be released initially for the US market in mid-September.
8/17/20223 min read
Pinduoduo Q3 Financial Figures Exceed Market Expectations
Pinduoduo's revenue reached 68.84 billion yuan in Q3, 2023, a 93.9% increase from the same period last year, nearly doubling, and a net increase of nearly 16.6 billion yuan from 52.281 billion yuan in the second quarter, far exceeding market expectations.
11/29/20234 min read
Temu Leverages on Pinduoduo Sourcing Network For Best E-Commerce Deals
Temu, the newest entrant to the US e-commerce industry under Nasdaq-listed PDD, is securing the best deals for customers by leveraging the extensive network of merchants, manufacturers, and logistics partners built up by its sister company.
9/16/20222 min read
Overseas Merchandise Traded on Go-to Platform Pinduoduo to Promote Agricultural Product
Chinese social commerce platform Pinduoduo has partnered with foreign embassies and consulates to sell overseas merchandise through live-streaming sessions.
7/11/20203 min read
What’s Behind Pinduoduo’s Ownership Change
Colin Zheng Huang, the founder of Chinese e-commerce giant Pinduoduo (PDD), has stepped down as CEO and reduced his stake in Pinduoduo stock to 29.4% from 43.3%.