Pinduoduo collects US$1.1 billion in private funding

read the original version on: www.retailnews.asia

Chinese e-commerce platform Pinduoduo has successfully raised US$1.1 billion in a private funding round. The firm will use the new funding, some of which was contributed by long-standing investors, to capture “additional opportunities” during a period when the world’s economy is affected by the coronavirus pandemic. Investors in this funding round were granted 2.8 percent […]

The post Pinduoduo collects US$1.1 billion in private funding appeared first on Retail News Asia.



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