Pinduoduo

拼多多

Pinduoduo is a Chinese e-commerce platform that allows users to participate in group buying deals, mostly through Tencent’s Wechat app.

Pinduoduo, founded in April, 2015 and headquartered in Shanghai, is a third-party mobile social e-commerce platform. The founder is Huang Zheng. Listed on the NASDAQ on July 26, 2018, the company's major shareholders are Hangzhou Aimi Network Technology Co., Ltd. Rivals that have direct and indirect competition with Pinduoduo include Taobao, JD, Amazon, eBay, etc.

Pinduoduo is a Chinese e-commerce platform that allows users to participate in group buying deals, mostly through Tencent’s Wechat app.

Sector

Consumer Staples

Industry

Retailing

Sub-industry

E-commerce and Services

Founded date

Apr 20, 2015

HQ location

Shanghai, China

Legal name

Shanghai Xunmeng Information Technology Co., Ltd.

Website

http://www.pinduoduo.com

Number of Employees

3683

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Briefing · 1

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Updated 14 hours ago ·

Suning: The Number of Registered Retail Members Exceeds 600 Million

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Sep 22, 2020 06:34 pm ·

Luckin Coffee is Fined CNY 61 Million Due to Fraud

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Sep 22, 2020 06:32 pm ·

FreshHema's First X Member Store to Open on October 1

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Sep 22, 2020 06:30 pm ·

Taobao: National Harvest Festival Helps Farmers Sell 840 Million Products

Consumer Staples

EO Intelligence | Meituan-Dianping Research Report 2020

Aug 27, 2020 08:00 pm

Healthcare, Financials

Tech for Global, Globalization Footprints of the Established and the New

May 29, 2020 08:30 pm

Healthcare, Financials

Low-Carbon Industry Expansion - Key Studies From Chinese Companies

May 28, 2020 12:40 pm

Consumer Staples

China’s Livestreaming Market: Depicting the New Normal

May 17, 2020 03:14 pm

Healthcare, Financials

Global Scientific Entrepreneurs 2020

Apr 19, 2020 03:12 pm

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Sep 22, 2020 06:28 pm ·

Zhuanzhuan: The Daily Volume of Mobile Phone C2B Business Exceeds 11,000 Orders

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Sep 22, 2020 10:24 am ·

Yonghui Superstores Opens Four New Stores

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Sep 22, 2020 10:22 am ·

Heilan Home Responses: No Semiconductor Business Involved

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Sep 22, 2020 10:19 am ·

JD.com Confirms JD Health's Listing Plan

Analysts

Yuanpu Huang

Founder of EqualOcean

Linyan Feng

Automotive

Yue Liu

Consumption

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Sep 21, 2020 06:09 pm ·

Heilan Home Establishes a Semiconductor Equipment Company in Nanjing

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Sep 21, 2020 11:27 am ·

Luckin Coffee: Auditing Agency MarcumBP to Succeed Ernst & Young

News EO

News · 2

News EO

Sep 18, 2020 02:56 pm ·

Pinduoduo Forays into Healthcare Business

Xichang Health Tech, a healthcare company, was established on September 17 with CNY 1 million in registered capital. The young company has Mr. Zhu Jianchong, the senior executive of Pinduoduo, as its legal representative and is wholly owned by Aimi Internet Technology – Pinduoduo’s affiliated company. The young company engages in the food business, type three medical devices, remote health management services and hospital management. Earlier last month, Aimi Internet Technology also established a health tech company in Hainan for type III medical devices. After Alibaba’s Ali Health and JD Group’s JD Healthcare, Pinduoduo finally started to operate in some healthcare areas. General Health is a popular concept in China and has a comparably low industry threshold. So far, many Internet-based companies have stepped in the healthcare and made some impressive records amid the pandemic, such as Ali Health, WeDoctor and JD Healthcare. Besides the e-commerce side, companies from other areas that engage in healthcare include search engine areas such as Baidu and Sogou – and some from livestreaming, such as ByteDance.

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Sep 17, 2020 06:17 pm ·

Alibaba: Agricultural Products' Sales Exceed CNY 540 Billion

EO analysis

Aihuishou Closes E+ Round of Financing of Over USD 100 Million, Led by JD.com

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Sep 16, 2020 02:59 pm · Kuaishou

Kuaishou E-Commerce Order Volume Exceeded 500Mn in August

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Sep 16, 2020 11:41 am ·

Pinduoduo: Sales of Agricultural Products in Latin American Increase by 310% YoY

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Sep 16, 2020 10:42 am ·

Pinduoduo: Orders from 'Duoduo Harvest Hall' Exceed 2 Million a Week

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Sep 16, 2020 10:29 am ·

Alibaba is in Talks to Invest Zhilian Zhaopin

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Sep 16, 2020 10:15 am ·

HKEX: Add Nongfu Spring As a Market Volatility Adjustment Mechanism Securities

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Sep 16, 2020 10:11 am ·

Guiding Price of Huazhu Group is HKD 297/Share

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Sep 15, 2020 04:16 pm ·

Alibaba's New Manufacturing Platform Xunxi to be Launched Soon

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Sep 15, 2020 10:33 am ·

CITIC Group and Alibaba Group Reach Strategic Cooperation

Analysts

Yuanpu Huang

Founder of EqualOcean

Linyan Feng

Automotive

Yue Liu

Consumption

EO analysis

Aihuishou Closes E+ Round of Financing of Over USD 100 Million, Led by JD.com