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Pinduoduo Archives

Tencent to hand $20 billion Meituan stake to shareholders as sales slip

Asked about Tencent’s progress on obtaining a financial holding company license, Lau said that it is “interacting very c...

Hit or miss: Can Pinduoduo replicate the success of Shein in the US?

Leading Chinese e-commerce platform Pinduoduo has just launched a new online shopping site in the US, but it remains to ...

China’s Pinduoduo beats revenue estimates, eyes overseas growth

The group's US-listed shares rose more than 15 per cent in trading before the bell.

Pinduoduo eyes US with new international e-commerce platform

The company, a rival of Alibaba Group and in China, has briefed its merchants but details have not yet been final...

Analysis: Alibaba’s e-commerce empire under threat from Douyin, Pinduoduo

Those disappointing numbers are due in part to regulatory changes and pandemic-induced slower economic growth that has m...

Pinduoduo sales beat expectations, narrowing loss

Chinese e-commerce platform Pinduoduo reported better-than-expected quarterly revenue, helped by strong demand post pan...

Pinduoduo raises US$1.1 billion in private funding

Chinese e-commerce platform Pinduoduo has successfully raised US$1.1 billion in a private funding round.

Amazon opens on Pinduoduo pop up store

Global online retailer Amazon is set to launch a Pinduoduo pop-up store.

JD expands into social e-commerce

Chinese e-commerce giant JD launches Jingxi platform for team purchasing in low-tier Chinese cities.

Alibaba may buy Kaola from Netease

Alibaba and Chinese tech firm Netease are in talks on the internet giant’s potential acquisition of its cross-border e-c...