![]() ![]() Losses, however, remained broadly steady at 201 million yuan versus 207.7 million yuan a year previously. Revenues at Walnut Street Group have grown sharply, reaching 1,384.6 million yuan ($208.19 million) in the first quarter of 2018 from 37 million yuan $5.56 million) a year previously, according to the filing. Last week, Qeeka Home, a Chinese provider of online interior design services, postponed a $278 million Hong Kong IPO, while in New York, Uxin, a Chinese second-hand car sales site, halved the size of its planned float. The company is the latest in a series of Chinese tech groups preparing to list in New York or Hong Kong even as trade tensions between China and the U.S rattle global markets. This compares to roughly 742 million active buyers on Alibaba. ![]() We can reasonably expect that it would evolve into a variety. HONG KONG, July 26 (Reuters) - Chinese online group discounter Pinduoduo Inc priced its U.S. As seen in the chart below, Pinduoduo reached 683.2 million active buyers in the second quarter of 2020, up 41 y/y. Pinduoduo faced intense scrutiny this January when a worker died by suicide and another collapsed after walking home from work. Pinduoduo has established and promoted a new e-commerce concept and experience of 'team purchase' (or '', 'pin'). The company raised 1.63 billion in a Nasdaq IPO in 2018, one of the top fundraising deals of the year. Securities and Exchange showed, in what will be one of the. It is difficult to express it perfectly in English, but it essentially means to adhere firmly to ones own duties and principles. 2018 Letter to Shareholders (Reprinted from the IPO Prospectus). Chinese online group discounter Pinduoduo is planning to raise up to 1.63 billion from a U.S. Pinduoduo did not immediately respond to requests for comment. It is still the beginning, and our principles stay the same. The IPO of the company, which is backed by Chinese social media and gaming company Tencent Holdings, is looking to raise up to $1 billion, according to a source involved in the transaction, who declined to be named as details of the deal are yet to be finalised. Pinduoduo Inc., one of China’s biggest e-commerce operators, is preparing to enter the North American market in its first cross-border expansion, according to people familiar with its plans. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |