Chinese social commerce startup Pinduoduo files for $1B US IPO; Pinduoduo's revenues tripled to $278M in 2017 while losses grew 55% to $79.5M (Lulu Yilun Chen/Bloomberg)
Chinese social commerce startup Pinduoduo files for $1B US IPO; Pinduoduo's revenues tripled to $278M in 2017 while losses grew 55% to $79.5M — - Pinduoduo was valued at $15 billion in previous funding round — Tencent-backed Pinduoduo made $79.5 million loss in 2017
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Chinese social commerce startup Pinduoduo files for $1B US IPO; Pinduoduo's revenues tripled to $278M in 2017 while losses grew 55% to $79.5M (Lulu Yilun Chen/Bloomberg)
![Chinese social commerce startup Pinduoduo files for $1B US IPO; Pinduoduo's revenues tripled to $278M in 2017 while losses grew 55% to $79.5M (Lulu Yilun Chen/Bloomberg)]()
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July 01, 2018
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