Chinese e-commerce challenger Pinduoduo is raising over $1 billion more

Chinese e-commerce challenger Pinduoduo is raising over $1 billion more
The price of competing with e-commerce giants Alibaba and JD.com is immense. That’s evidenced by challenger Pinduoduo, commonly known as PDD, which is raising more than $1 billion in fresh capital just six months after it went public. The company announced plans to sell 37 million shares in a move ... read more
Source- Techcrunch.comPublished on 2019-02-06By Jon Russell
2 months ago
Share this content