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.
Growth and Challenges of Pinduoduo, the Chinese eBay – Initiate with Hold [1/2]
China has an e-commerce company you probably have never heard of – and it is now worth more than USD 103 billion. Nevertheless, Chinese online business is full of drama, and Pinduoduo will have to keep adapting to stay ahead.
Sep 06, 2020 02:17 PM
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Pinduoduo: A Buy-the-Dip Opportunity?
Pinduoduo has grown into one of the largest e-commerce players in a short amount of time, rising past Alibaba in terms of annual active buyers while seeing revenues nearly double this year. Positioning within an agriculture niche provides a moat against competitive threats from other leading e-commerce marketplaces, while still paving the way for strong revenue growth in the upcoming years.
Mar 22, 2021 06:14 PM
Pinduoduo Poised to Win Next Battle in China's E-commerce War
The Chinese e-commerce industry still has room to grow.
Jan 22, 2021 10:22 AM
China's E-Commerce Giants Announce Record Sales on Singles' Day 2020
On November 11, the half-hour turnover of Tmall exceeded the whole-day turnover last year and the turnover of JD.com in the first 9 minutes of the day was above CNY 200 billion. The sales records have shown China's strong economic recovery.
Nov 12, 2020 08:15 AM