Chinese eCommerce platform Pinduoduo plans to raise up to $5.6 billion to invest in its one-day delivery service of farm goods across China, among other...
Emerging from lockdown, Chinese consumers may be opening up (digital) wallets and purses … though gradually. Against that backdrop, South China Morning Post reported that...
Despite the world’s markets being crippled by the coronavirus, Pinduoduo Inc., the Chinese eCommerce company, said on Tuesday (March 31) that it has raised $1.1...
It’s the end of a holiday week and almost the beginning of a new month. And the PYMNTS Weekender is here to make sure you...
When you can’t beat ‘em, join ‘em. Or: If at first you don’t succeed … try, and try again. China is a market that most...
A source told Reuters on Sunday (Nov. 24) that Amazon is opening a store on the Chinese eCommerce site Pinduoduo. Amazon closed its marketplace in...
In a move comes five years after its record-setting initial public offering in New York, Alibaba Group Holding Ltd.’s is looking to raise $10 billion to...
The U.S. Trade Representative’s Office (USTR) has placed Chinese eCommerce site Pinduoduo.com on a blacklist, along with other sites the organization says are involved in...