In the news:
China's second-richest man blasts Pinduoduo for hurting brands with cutthroat pricing - Alibaba, JD.com, Pinduoduo launch campaigns for Singles' Day shopping festival on same day - Chinese e-commerce giant Pinduoduo updates rules to kick out sellers of shoddy products - Pinduoduo returns some service fees to sellers after parent PDD pledges US$1.4 bln waiver - Why Pinduoduo's surprise growth may not be good news for China's economy - Temu, Pinduoduo parent PDD trades near cheapest level ever as tech war, Alibaba rivalry deter investors - China's Pinduoduo Has Reshaped Discount Shopping
Pinduoduo
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ShareKey facts
- city: Shanghai
- country: China
- sector: Information Technology
- industry: IT Services
- CEO: Lei Chen
Classified as: organization
Summary
Pinduoduo is a company. It is located in Shanghai, China. The company is part of the Information Technology sector, specifically in the IT Services industry.
Business
Pinduoduo is one of the companies in China, companies in IT Services, companies in Information Technology and 3,466,499 companies in our database.
- Assets: 26.2B $
- Debt: 2.2B $
- Employees: 9,762 people
- Free cash flow: 2.3B $
- Market cap: 88.2B $
- Profits: 1.1B $
- Revenues: 13.8B $
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Talking Points:
- 拼多多 新电商开创者
- Pinduoduo Inc., through its subsidiaries, operates an e-commerce platform in the People's Republic of China. It operates Pinduoduo, a mobile platform that offers a range of products, including apparel, shoes, bags, mother and childcare products, food and beverages, fresh produce, electronic appliances, furniture and household goods, cosmetics and other personal care items, sports and fitness items, and auto accessories. The company was formerly known as Walnut Street Group Holding Limited and changed its name to Pinduoduo Inc. in July 2018. Pinduoduo Inc. was incorporated in 2015 and is headquartered in Shanghai, the People's Republic of China.
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