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In Depth: After Conquering the Bargain Basement, Pinduoduo Sets Sights on Big Cities

2019年08月30日 19:58 来源于 财新网
E-commerce up-and-comer’s shares surge 30% after latest results as it creeps up on giants Alibaba, JD.com

In the year since its New York IPO, budget e-commerce company Pinduoduo Inc. has been working overtime to shake its image as a small-town specialist selling to bargain-hungry plain folks. The company hopes to draw in wealthier big-city dwellers as well, fueling growing whispers that it could finally pose the first real challenge in years to industry titans Alibaba and JD.com.

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