Pinduoduo

  • Pinduoduo sells new iPhone SE at a discount of up to RMB 400

    China's emerging e-commerce platform Pinduoduo is selling the new iPhone SE for as low as 2,899 yuan (USD 410). Apple released the new iPhone SE on Wednesday, priced at 3299 yuan (USD 466) for the 64GB version.

    Consumer Tech
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  • Tencent invests $50 million more in Pinduoduo

    Documents submitted by Tencent and Pinduoduo to the US Securities and Exchange Commission (SEC) indicate that Tencent subscribed for Pinduoduo's 6,155,740 Class A ordinary shares at a total price of approximately $ 50 million on March 31 (a total of 1,538,935 ADS).

    Industry
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  • Pinduoduo raises $1.1 billion in private placement

    China's emerging e-commerce platform Pinduoduo announced today that certain long-term investors have agreed to purchase through a private placement a total of $1.1 billion of newly issued Class A ordinary shares of the company.

    Industry
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