On Dec. 11, Pinduoduo, China’s leading interactive e-commerce platform, partnered with Mango TV, Hunan’s provincial satellite TV, to present a live broadcast of the “Double 12 Super Night Gala.” Dec. 12, also known as Double 12, is a shopping holiday when shoppers can get unbelievable discounts online. This e-commerce shopping festival has been a real…Continue Reading
(Image credit: Pinduoduo) Chinese e-commerce platform Pinduoduo is planning to raise up to $6.1 billion through a convertible notes offering and equity. Why it matters: Pinduoduo is looking to fundraise amid buoyed investor confidence on the company’s first-ever quarterly profit, reported in the quarter ended September. The fast-growing e-commerce platform plans to fund new business channels…Continue Reading
The latest anti-counterfeiting effort is a collaboration with both domestic and foreign infant formula manufacturers (Source: Pinduoduo) China’s second-largest online shopping platform Pinduoduo has launched a mini program on its app that will allow consumers to verify the authenticity of their baby formula products. The latest anti-counterfeiting effort is a collaboration with dozens of domestic…Continue Reading
Chinese e-commerce platform Pinduoduo Inc. saw increases in revenues and active users in its unaudited financial results for the third quarter ending Sept. 30, 2020. Active buyers in the twelve-month period ending Sept. 30 were 731.3 million, an increase of 36% from 536.3 million in the twelve-month period ending Sept. 30, 2019. It is the…Continue Reading
E-commerce giant Pinduoduo and Royal Danish Consulate General have reached a cooperation in Shanghai Chinese interactive e-commerce platform Pinduoduo Inc. signed a memorandum of understanding with the Royal Danish Consulate General in Shanghai on Thursday. Through this partnership, Pinduoduo hopes to introduce more high-quality Danish products to Chinese consumers, said Andre Zhu, senior vice president…Continue Reading
Double 11 Super Night Gala will be co-hosted by Pinduoduo and Hunan TV on the evening of Nov. 10 (Source: Pinduoduo) Pinduoduo, the second-largest e-commerce platform in China, announced that it will cooperate with a provincial satellite TV station to host the upcoming Double 11 Super Night Gala. Hunan TV, a widely-watched TV station famous…Continue Reading
