Staff of e-commerce services provider Pinduoduo are seen at their desks at the company’s headquarters in Shanghai. Photo: Reuters Staff of e-commerce services provider Pinduoduo are seen at their desks at the company’s headquarters in Shanghai. Photo: Reuters
Staff of e-commerce services provider Pinduoduo are seen at their desks at the company’s headquarters in Shanghai. Photo: Reuters

E-commerce firm Pinduoduo posts bigger quarterly loss as operating costs surge

  • The Shanghai-based company saw operating expenses more than double to US$1.2 billion in the third quarter

Topic |   US-listed Chinese stocks
Staff of e-commerce services provider Pinduoduo are seen at their desks at the company’s headquarters in Shanghai. Photo: Reuters Staff of e-commerce services provider Pinduoduo are seen at their desks at the company’s headquarters in Shanghai. Photo: Reuters
Staff of e-commerce services provider Pinduoduo are seen at their desks at the company’s headquarters in Shanghai. Photo: Reuters
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