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Pinduoduo to invest $13.7 billion to transform, upgrade merchants

Channel News Asia LogoChannel News Asia19h ago

Pinduoduo to invest $13.7 billion to transform, upgrade merchants - Channel News Asia

Quick Summary:

HONG KONG : Chinese e-commerce platform Pinduoduo, which is owned by PDD Holdings, will invest 100 billion yuan ($13.7 billion)over the next three years in transforming and upgrading platform merchants, Pinduoduo said on Thursday.($1 = 7.

Pinduoduo to invest $13.Pinduoduo to invest $13.Pinduoduo to invest $13.

FILE PHOTO: The logo of e-commerce app Pinduoduo is displayed next to mobile phones displaying the app, in this illustration picture taken October 25, 2023.


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Pinduoduo to invest $13.7 billion to transform, upgrade merchants - Channel News Asia (Picture 1)Pinduoduo to invest $13.7 billion to transform, upgrade merchants - Channel News Asia (Picture 2)

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-03 @ 14:53:19 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 124 words

Reading Time: 1 minutes read

Sentences: 6 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 27556619

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About Channel News Asia

Channel News Asia Logo

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 56 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 12 minutes ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

Publisher Details

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  • News ID: #27556619
  • URL: https://chronographically.beamstart.com/news/pinduoduo-to-invest-137-billion-17436638856166

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