Song Jingli

The platform has been deployed in powering various businesses within the Alibaba ecosystem.

The firm is not alone in seeking opportunities in the country’s fast-growing mobile internet sector.

Half of the aided users are under 40 years old.

The company now takes user engagement as the top priority over monetization, but difficulties remain ahead.

In the next three years, Pinduoduo will introduce more than 10,000 international brands to its platform.

Users can monetize their influence by getting part of the sales commission fees.

Pinduoduo reached 536.3 million active buyers, up 39% year-on-year.

Alibaba now controls a 50% stake of the company.