19 hours ago
Pinduoduo to Invest $13.7 Billion in Merchant Transformation and Upgrades
TMTPOST -- Chinese e-commerce giant Pinduoduo, a subsidiary of PDD Holdings, announced on Thursday that it will invest 100 billion yuan ($13.7 billion) over the next three years to transform and upgrade merchants on its platform. The initiative aims to enhance the digital capabilities, efficiency, and competitiveness of merchants, reinforcing Pinduoduo’s commitment to long-term growth and innovation in the e-commerce sector.
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