Pinduoduo
IPOTogether, More Savings, More Fun
Public · Shanghai, China · Founded 2015 · $4.1B raised
- Headquarters
- Shanghai
- Employees
- 5001–10000
- Founded
- 2015
- Business Model
- B2C
- Website
- pinduoduo.com
- Total Funding
- $4.1B
- Last Round
- $1.1B Private EquityMar 2020
- Rounds
- 2
- Type
- Public
About
Pinduoduo is China's largest agriculture-focused e-commerce platform, connecting agricultural producers directly with consumers through a social group-buying model. Founded in 2015, it grew rapidly by leveraging WeChat social sharing to offer discounted prices when users shop together. It is the flagship platform of PDD Holdings, which also operates the global marketplace Temu.
Summary
Pinduoduo is an E-Commerce company based in Shanghai, China, founded in 2015. It has raised $4.1B in total across 2 rounds, most recently a $1.1B Private Equity round in Mar 2020. Investors include Tencent.
Tech & App Stack
11 technologies & apps tracked
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Funding History
Mar 2020
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Investors
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