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
US-listed Chinese stocks
Tech /  Big Tech

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

Reuters
Reuters

Updated: 3:54pm, 21 Oct, 2020

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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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