Pinduoduo, Inc. is an innovative and fast growing "new e-commerce" platform that provides buyers with value-for-money merchandise and fun and interactive shopping experiences.
Pinduoduo pioneered and popularized a dynamic shopping experience through "Pin", a team purchase format that seamlessly integrates social experiences with online shopping experiences. Pinduoduo has consciously built its platform to resemble a "virtual bazaar" where buyers browse and explore a full spectrum of products on its platform while interacting with one another. Using Pinduoduo, buyers could share product information on popular social networks and invite their friends, family, and social contacts to purchase together, through which they not only enjoy the fun and excitement of discovery and shopping, but also a comprehensive selection of value-for-money products.
Location of Key Operations
Ernst & Young LLP
IPO (July 26, 2018)
Changning, Shanghai, China
March 17, 2021: Chinese Online Shopping Tycoon Loses $4 Billion as He Steps Down
March 17, 2021: Pinduoduo: 2021 Shareholder Letter
February 26, 2021: Pinduoduo recognized for work on alleviating poverty in China