A display at the Nasdaq Market Site shows a message after Chinese online group discounter Pinduoduo Inc. (PDD) was listed on the Nasdaq exchange in Times Square in New York City, New York, U.S., July 26, 2018. Photo: Reuters
China's Pinduoduo plans to raise more than US$1 billion in secondary offering
- PDD has seen revenue soar since its founding in 2015 as the upstart takes on e-commerce giants Alibaba and JD.com
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China technology
A display at the Nasdaq Market Site shows a message after Chinese online group discounter Pinduoduo Inc. (PDD) was listed on the Nasdaq exchange in Times Square in New York City, New York, U.S., July 26, 2018. Photo: Reuters