Chinese e-commerce company Pinduoduo is selling 37M shares, which will raise $1B-$1.25B, in a secondary offering, after going public last year (Jon Russell/TechCrunch)
Jon Russell / TechCrunch:
Chinese e-commerce company Pinduoduo is selling 37M shares, which will raise $1B-$1.25B, in a secondary offering, after going public last year — The price of competing with e-commerce giants Alibaba and JD.com is immense. That’s evidenced by challenger Pinduoduo, commonly known as PDD …
Chinese e-commerce company Pinduoduo is selling 37M shares, which will raise B-.25B, in a secondary offering, after going public last year (Jon Russell/TechCrunch)
Source: Tech Meme
