Pinduoduo Responds to Huang Zheng's Resignation as Director
Huang Zheng resigned as the board of directors of Pinduoduo. Pinduoduo responded that it is a normal adjustment of the VIE structure. Huang Zheng still has 80.7% of the voting rights and will not affect the company's normal operations.
This text is a result of machine translation.
Related companies：
In-depth
Consumer Staples, Industrials, Financials
Temu Unleashed: A Journey of Skepticism, Revelation, and the Quest to Redefine E-commerce
Temu's triumph is a one-of-a-kind success story, impossible to replicate. Beyond the pursuit of "becoming Temu," there's a fervent hope for a reshaped global e-commerce landscape.
Jan 06, 2024 12:16 PM
Briefing Jun 18, 2022 02:53 PM
· Consumer Staples
Battle report of pinduoduo 618: Sales of household appliances, daily chemicals and beauty cosmetics all doubled
Briefing Jun 10, 2022 09:48 PM
Singaporean Prime Minister Lee Hsien Loong meets with weifenghe
Jan 30, 2024 07:59 PM
Dec 11, 2023 08:49 PM
May 11, 2023 05:07 PM
Jan 06, 2023 08:30 AM
The popular Chinese stocks in the US stock market fell before the market, and Alibaba fell nearly 5%
Most of the popular Chinese stocks rose before the US market, and the B station rose by more than 7%
Briefing Jun 07, 2022 09:05 PM
Shanghai Municipal Bureau of human resources and social security: international students from the world's top 50 universities can directly settle in Shanghai
In-depth
Consumer Staples
PDD: Turning Stable Growth Stage, Agricultural Strategy Starts to Bear Fruits
PDD’s revenue reached CNY 23.8 billion in Q1 2022 with transaction services revenue surging 91% YoY. Owing to China's product trade and unique political environment, we believe the agriculture tech market, though extremely difficult, has great potential. Its Commission revenue in Q1 nearly doubled owing to product sales, testifying to the potential of the agricultural strategy.
Jun 03, 2022 11:54 AM
See more
Read next
Insight
In-depth
Insight
In-depth