Pinduoduo is a Chinese e-commerce platform that allows users to participate in group buying deals, mostly through Tencent’s Wechat app.
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DID YOU KNOW?
Bloomberg's billionaire index lists Pinduoduo's founder Colin Huang as China's youngest self-made billionaire (US$9.89 billion).
DID YOU KNOW?
Pinduoduo has compared its business model to a combination of Costco and Disneyland.