Screen shot showing the Pinduoduo web site and app. Photo: Handout Screen shot showing the Pinduoduo web site and app. Photo: Handout
Screen shot showing the Pinduoduo web site and app. Photo: Handout

US-listed Chinese stocks

Pinduoduo invests US$200 million in electronics retailer Gome as Covid-19 forces sector consolidation

  • Shanghai-based Pinduoduo’s 585 million users have made it China’s second-biggest e-commerce platform, second only to Alibaba’s Taobao
  • Pinduoduo will subscribe to US$200 million worth of Gome convertible bonds with a tenure of three years

Topic |   US-listed Chinese stocks
Screen shot showing the Pinduoduo web site and app. Photo: Handout Screen shot showing the Pinduoduo web site and app. Photo: Handout
Screen shot showing the Pinduoduo web site and app. Photo: Handout
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