Pinduoduo had more active buyers than than Alibaba and JD.com in 2020, the company announced on Wednesday. Photo: AFP Pinduoduo had more active buyers than than Alibaba and JD.com in 2020, the company announced on Wednesday. Photo: AFP
Pinduoduo had more active buyers than than Alibaba and JD.com in 2020, the company announced on Wednesday. Photo: AFP
Pinduoduo

Pinduoduo surpasses Alibaba, JD.com in user numbers, as founder Colin Huang steps down as chairman in surprise move

  • Pinduoduo pulled in US$4.1 billion in the fourth quarter, blowing past estimates, and became China’s largest e-commerce platform by number of users in 2020
  • Company founder Colin Huang stepped down from the board of directors to focus on research in food and life sciences

Topic |   Pinduoduo
Pinduoduo had more active buyers than than Alibaba and JD.com in 2020, the company announced on Wednesday. Photo: AFP Pinduoduo had more active buyers than than Alibaba and JD.com in 2020, the company announced on Wednesday. Photo: AFP
Pinduoduo had more active buyers than than Alibaba and JD.com in 2020, the company announced on Wednesday. Photo: AFP
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