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Pinduoduo was founded in 2015 by Chinese businessman and software engineer Colin Huang and initially focused on the agriculture industry.. On 7 June 2018, Legal Evening News reported that Pinduoduo investigated and shut down stores and removed listings that violated its platform policy against pornography and violence, following an earlier report by the newspaper.
In 2019, the U.S. added Pinduoduo to its notorious blacklist over suspected counterfeits, though the company has pledged to crack down on counterfeits. Why Pinduoduo is putting all its profit into ...
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Chinese social e-commerce platform Pinduoduo just proved this. The Shanghai-based company just went public raising $1.6 billion through a U.S. IPO this week, which stands out as one of the largest ...
It recorded 788 million annual active users in 2020, according to its Q4 earnings report that just came out. Alibaba lagged slightly behind at 779 million active users through the year. In terms ...
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Colin Huang Zheng ( Chinese: 黄峥; pinyin: Huáng Zhēng, born 1 January 1980) is a Chinese businessman, investor, and philanthropist. [2] [3] [4] He is the founder and former CEO of the e-commerce company Pinduoduo, which is now the largest agriculture platform in China. [5] Huang is also the owner of at least three other limited liability ...