BlogHide Resteemsyfy2020 (25)in pinduoduo • 4 years agoPinduoduo, the fast-growing rival to Alibaba and JD in China. 2 of 2.IPO and funding Pinduoduo went public in July 2018 on the Nasdaq, pricing its American depositary shares (ADS) at $19 apiece. On Monday, shares closed at $50.11 each. That put PDD’s market…yfy2020 (25)in pinduoduo • 4 years agoPinduoduo, the fast-growing rival to Alibaba and JD in China. 1 of 2KEY POINTS U.S.-listed Pinduoduo (PDD) is now the third-largest e-commerce player behind Alibaba and JD.com in China. A large part of PDD’s appeal is the group buying function where the more…