A display at the Thomson Reuters building shows a message after Chinese online group discounter Pinduoduo was listed on the Nasdaq exchange in Times Square in New York City. Photo: Reuters

Pinduoduo soars in Nasdaq debut in affirmation of China’s social+ internet commerce model

Pinduoduo is the third-largest e-commerce company in China with 5.2 per cent market share, lagging behind leader Alibaba

Topic |   Ecommerce

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A display at the Thomson Reuters building shows a message after Chinese online group discounter Pinduoduo was listed on the Nasdaq exchange in Times Square in New York City. Photo: Reuters
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