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Pinduoduo’s User Base Surpasses Alibaba’s

Pinduoduo Inc. is now China’s largest e-commerce company with its user base surpassing Alibaba Group Holding Ltd.’s in December. On the same day it announced the feat, its billionaire founder and chairman Colin Huang said he is relinquishing control. Bloomber…

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Pinduoduo’s User Base Surpasses Alibaba’s

Pinduoduo Inc. is now China’s largest e-commerce company with its user base surpassing Alibaba Group Holding Ltd.’s in December. On the same day it announced the feat, its billionaire founder and chairman Colin Huang said he is relinquishing control. Bloomber…
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