Pinduoduo

Running up the bill with ad blitzes and sponsorships.

Shanghai-based social commerce company Pinduoduo has started to recruit international retailers to set up online stores on its app, according to a report on Tuesday. The site, Ebrun.com, covers news i

This inclusion means billions of capital from passive funds tracking these indexes managed around the world will flow to these Chinese new economy shares.

The company’s growth has been costly, but more aggressive expansions are in the works.

PDD’s share price jumped by close to 15% following its positive financial results.

On the surface, this region seems predestined for an app similar to the latest Chinese e-commerce disruptor. But once you look deeper, challenges outweigh the potential — for now.

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Pinduoduo next investment amidst fluctuating share price.