Pinduoduo is a Chinese e-commerce platform that allows users to participate in group buying deals, mostly through Tencent’s Wechat app.
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Quick Stats
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revenue
0billion
DID YOU KNOW?
According to 2018 company filings, the average Pinduoduo order value is US$6 versus US$30 on Taobao/Tmall and US$60 on JD.com.
DID YOU KNOW?
Pinduoduo has compared its business model to a combination of Costco and Disneyland.