The logo of Pingduoduo is printed on a box set up in a shopping centre in China. Photo: Handout
Pinduoduo’s active buyers inch ahead of rivals as e-commerce giant’s quarterly revenue more than triples
- Pinduoduo’s results come as the company sharpens its focus on agriculture and online groceries
- Shanghai-based e-commerce giant is also facing challenges at home and overseas due to US-China tech tensions and Beijing’s antitrust probes
The logo of Pingduoduo is printed on a box set up in a shopping centre in China. Photo: Handout