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Pinduoduo is the mainstream e-commerce application product of domestic mobile Internet. The third-party social e-commerce platform focusing on C2M group purchase was established in September 2065438+2005. By initiating group shopping with friends, family and neighbors, users can buy high-quality goods at lower prices.

Pinduoduo aims to gather the strength of more people, buy better things at lower prices and experience more benefits and fun. The social concept formed through communication and sharing has formed Pinduoduo's unique new thinking of social e-commerce.

Development history

On April 20 15, Pinduoduo was officially launched. ?

From 2065438 to February 2006, the monthly turnover of Pinduoduo exceeded100000, and the number of paying users exceeded 20 million.

On July 20 16, users in Pinduoduo broke through 100000000000, and obtained the second round of financing of11000000000000 USD led by IDG Capital, Tencent and Gao Rong Capital.

20 16 September, Pinduoduo and Pinduoduo announced their merger.

20 16 10 10, the single-day transaction volume of Pinduoduo anniversary exceeded 1 100 million yuan.

From June 20 17 to June 2007, Pinduoduo occupied the first place in the total list of iOS and shopping categories for a long time in the last 1 month.

On July 25th, 20 18, on the eve of Nasdaq's listing, Beijing Diapers Company's father chose to file a trademark infringement lawsuit in the Federal Court for the Southern District of new york.

2065438+On July 26th, 2008, Pinduoduo officially landed in the US capital market with an issue price of 19 USD and a market value of 24 billion USD. Reny and Qilu were invited as independent directors of Pinduoduo. ?

2065438+On August 3rd, 2008, Pinduoduo (PDD) announced its first financial report since its listing, and its 2Q revenue increased by 24.89% year-on-year.

From 20 18 to 10, Gome cooperated with Pinduoduo, and the former provided electrical goods business for Pinduoduo.