Colin Huang, founder and CEO of online group discounter Pinduoduo, speaks during the company's stock trading debut on the Nasdaq Stock Market, during an event in Shanghai, 2018. Photo: Reuters
Social commerce giant Pinduoduo posts maiden net loss on expenses surge as it aims to maintain rapid growth
Pinduoduo has been battling a storm over the listing of counterfeit and inferior quality products on its platform
Colin Huang, founder and CEO of online group discounter Pinduoduo, speaks during the company's stock trading debut on the Nasdaq Stock Market, during an event in Shanghai, 2018. Photo: Reuters