The impact of the pandemic on retail sales across markets in Asia Pacific varied greatly in 2022. The impact was largely dependent on each country’s Covid-19 situation, containment measures adopted, a…
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Pinduoduo announces financial results
Pinduoduo became the fastest e-commerce company to surpass 700 million active buyers, setting another record as the five-year-old company reported its first quarterly profit since listing.…
Pinduoduo publishes its ESG report
Pinduoduo publishes its first ESG report to outline its progress in managing environmental, social and governance matters.…
Pinduoduo announces private placement of $1.1 billion
Pinduoduo Inc., a Chinese technology platform, announced that certain long-term investors have agreed to purchase through a private placement a total of US$1.1 billion.…