Pinduoduo

General Information
Business:

 

We are an innovative and fast growing “new e-commerce” platform that provides buyers with value-for-money merchandise and fun and interactive shopping experiences. Our Pinduoduo mobile platform offers a comprehensive selection of attractively priced merchandise, featuring a dynamic social shopping experience that leverages social networks as an effective and efficient tool for buyer acquisition and engagement. As a result of our innovative business model, we have been able to quickly expand our buyer base and establish our brand recognition and market position. We are one of the leading Chinese e-commerce players in terms of GMV and the number of total orders.

Industry: BUSINESS SERVICES
Employees: 1159
Founded: 2015
Contact Information
Address 28/F, No. 533 Loushanguan Road, Changning District, Shanghai, People's Republic of China
Phone Number +86 21-52661300
Web Address http://www.pinduoduo.com
View Prospectus: Pinduoduo
Financial Information
Market Cap $21047.9mil
Revenues $462.0 mil (last 12 months)
Net Income $-51.7 mil (last 12 months)
IPO Profile
Symbol PDD
Exchange NASDAQ
Shares (millions): 85.6
Price range $19.00 - $19.00
Est. $ Volume $1626.0 mil
Manager / Joint Managers Credit Suisse/ Goldman Sachs (Asia)/ CICC
CO-Managers China Renaissance
Expected To Trade: 7/26/2018
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
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