Pinduoduo cements position as China’s second-largest ecommerce player

Alibaba and JD.com have been in a war over the Chinese e-commerce space for a decade or so, but a third player called Pinduoduo has managed to shake up the duopoly in recent times. The startup, which was founded in 2015 by an ex-Googler and went public on the Nasdaq last July, has further flexed … Continue reading Pinduoduo cements position as China’s second-largest ecommerce player