Reports: Chinese Ecommerce Player Pinduoduo Launches U.S. Site
Retail TouchPoints
SEPTEMBER 2, 2022
Founded in 2015 , Pinduoduo has focused on lower-income customers and the agricultural sector. It has become China’s third-largest ecommerce company after Alibaba and JD.com , relying on low-cost domestic manufacturers to keep prices down. While GlobalData forecasts that the Chinese ecommerce market will reach $3.3
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