Pinduoduo cements position as China's second-largest ecommerce player

Alibaba and JD.com have been in a war over the Chinese e-commerce space for a decade or so, but a third player called Pinduoduo has managed to shake up the duopoly in recent times. According to data provider QuestMobile, Pinduoduo's daily active users have outnumbered JD's for at least the past 12 months, and it came out of the mid-year sales festival -- first popularized by JD as a counterpart to archrival Alibaba's "11/11" shopping day -- with 135 million DAUs. JD, in comparison, ended with 88 million DAUs and Alibaba's Taobao retained its top spot at 299 million.