Pinduoduo

The Duoduo Pifa wholesaling feature is similar to Alibaba’s 1688 platform, which is the country’s largest online platform for businesses to procure goods.

Chen, also a founding member of Pinduoduo, had been involved in operational decisions while serving as the company’s chief technology officer since 2016.

Pinduoduo’s aggressive discounts are enraging some big brands who are reluctant to give up control over brand image and pricing strategy.

Will WeChat become an e-commerce app?

Social e-commerce site Pinduoduo has made online sales campaigns a year-long regularity in China.

The new CEO, Chen Lei, is also a founding member of Pinduoduo.

Huang Guangyu was one of China’s best-known businessmen before being sent to prison. Now he makes an early comeback.

Let bygones be bygones?