|Bid||24.46 x 1000|
|Ask||24.48 x 1400|
|Day's range||24.20 - 24.81|
|52-week range||16.53 - 31.99|
|Beta (3Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||31.46|
China's Pinduoduo was all the rage in 2018 as the e-commerce upstart quicklyrose to challenge Alibaba and raised $1
The companies deny that the moves, which are worrying some older employees, reflect any discrimination based on age. Explicit age discrimination is illegal in many countries, though not in China. Chinese tech companies are known to prefer young workers, in part because of demands such as the so-called "996" schedule that asks employees to work 9 a.m. to 9 p.m., six days a week.
China's new tech force Pinduoduo is continuing its race to upend thee-commerce space, even at the expense of its finances
The Chinese e-commerce company’s revenue last quarter had more than tripled from a year ago, its but costs are rising even faster.
SHANGHAI, China, March 13, 2019 -- Pinduoduo Inc. ("Pinduoduo" or the "Company") (NASDAQ: PDD), an innovative and fast growing “new e-commerce” platform and one of the leading.
When a U.S. activist fund accused 3½-year-old Chinese retailer Pinduoduo Inc. in November of inflating its sales, shares in the Nasdaq-listed company jumped. One reason: a growing horde of Chinese investors who are contributing to large price moves and unusual trading patterns in some U.S. stocks. Many are young, tech-savvy individuals who stay up late to trade using mobile apps, and who prefer the unfettered nature of U.S. markets to more restrictive conditions in mainland China.
SHANGHAI, China, Feb. 26, 2019 -- Pinduoduo Inc. ("Pinduoduo" or the "Company") (NASDAQ: PDD), an innovative and fast growing “new e-commerce” platform and one of the leading.
Pinduoduo, the latest challenger to China's ecommerce dominators Alibaba and JD.com, wants to bring affordable, imported items to shoppers in China's smaller cities and rural areas. The three-year-old Tencent-backed ecommerce upstart is recruiting importers to set up shop on its marketplace, shows a message on its website. The business is known for offering cheap, sometimes counterfeit goods that initially appealed to users from the less prosperous parts of China but have gradually garnered more price-sensitive urbanites.
Feb 22 (Reuters) - Pinduoduo Inc: * TENCENT HOLDINGS LIMITED REPORTS 30.9 PERCENT STAKE IN PINDUODUO INC'S CLASS A ORDINARY SHARES AS OF FEB 12, 2019 - SEC FILING * TENCENT HOLDINGS LIMITED - HAD PREVIOUSLY ...
Finger Motion is pleased to report the cooperation deal with PDD hit its first milestone by successfully completing the beta test this past week, with results exceeding expectations. The internal reports show no data loss, no security breaches, and no degradation in transaction speed. With the open platform being extremely stable and having the fastest average transaction speed of all the top tier top-up wholesalers, commercialization began ahead of schedule.
SHANGHAI, China, Feb. 08, 2019 -- Pinduoduo Inc. (“Pinduoduo” or the “Company”) (NASDAQ:PDD), an innovative and fast growing “new-ecommerce” platform and one of the leading.
The secondary event will also see a number of existing backers sell a portion of their stock, those sellers including Sequoia China, Lightspeed China and Banyan, according to a filing. Founded in September 2015 by ex-Googler Colin Huang, it adds a social twist to e-commerce by offering discounts for shoppers who gang up with friends or family to make group orders.
Pinduoduo Inc. (“Pinduoduo” or the “Company”) (PDD), an innovative and fast growing “new-ecommerce” platform and one of the leading Chinese e-commerce players, today announced that it intends to offer and sell 37,038,000 American Depositary Shares (“ADSs”), each representing four Class A ordinary shares of the Company, and several shareholders (the “selling shareholders”) to offer and sell 14,815,000 ADSs, subject to market and other conditions, in an underwritten public offering. The underwriters will have a 30-day option to purchase up to an aggregate of 7,777,950 additional ADSs from the Company and the selling shareholders. The Company expects to use the net proceeds from the proposed offering to enhance and expand its business operations, for research and development, and for general corporate purposes and working capital, including potential strategic investments and acquisitions.
HONG KONG, Jan 28, 2019 - (Media OutReach) - Savvy internet shoppers should be familiar with Groupon, an American e-commerce marketplace founded in 2008 that offers group-buying deals (or social coupons), which are substantially lower than market prices. To reach the so-called 'tipping point', one would think that buyers who are interested should try to spread the deal to as many people as possible. "Surprisingly, we found that people were not that motivated to refer Groupon deals to other consumers, even when the deal was not yet tipped," explains Prof. Mandy Hu, Assistant Professor of Department of Marketing at The Chinese University of Hong Kong (CUHK) Business School.
Finger Motion, Inc. (OTC Markets: FNGR), a mobile payment and recharge platform company, today announced its financial results for the third quarter ended November 30, 2018. For the period ending November 30, 2018, FingerMotion Inc., recorded Gross Transaction Value (GTV) of RMB 597,123,595 (USD 88 million) on its Mobile Payment and Recharge services in China. These results are for the 45 day period of October 16, 2018 through November 30, 2018. Based on this time period the 12 month run rate of GTV without any contribution from PingDuoDuo (PDD) is RMB 4.843 billion (USD 712 million). Company onboarded more than 30 local digital platform providers offering its Mobile Payment and Recharge services in China. Channel partners signed agreements, to offer direct payment and recharge services to China Unicom subscribers in different provinces of China.
Shares of China-based music streaming company Tencent Music Entertainment rose about 11 percent in their U.S. debut on Wednesday, as investors shrugged off volatile markets to grab a piece of the fast-growing music streaming industry. Spotify is an investor in the Chinese company. The IPO raised $1.1 billion in proceeds and is one of the largest by a Chinese company in the United States this year, behind the $2.4 billion raised by video streaming company iQiyi , the $1.6 billion garnered by online group discounter Pinduoduo and the $1.15 billion by electric vehicle maker NIO Inc.
(Updates sourcing, paragraphs 1-2, 4) By Joshua Franklin and Julia Fioretti NEW YORK/HONG KONG, Dec 12 (Reuters) - China-based music streaming company Tencent Music Entertainment Group said it raised close ...