Gigabit January 2019
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09<br />
Pinduoduo<br />
Valued at US$15bn, Pinduoduo is a leading Chinese e-commerce<br />
platform which allows users to participate in group buying deals,<br />
primarily through Tencent’s WeChat app. In <strong>January</strong>, the firm claimed<br />
to have 114mn active users, according to Forbes. Pinduoduo was<br />
founded in 2015 by Colin Huan and since then it has gained investments<br />
from Tencent, Gaochun, Xintianyu respectively.<br />
www.pinduoduo.com<br />
www.gigabitmagazine.com
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