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How to set up Pinduoduo Little Red Box

Click the option Personal Center at the bottom of the main interface, enter the Personal Center interface to find the settings option, click Settings to open the settings interface, click on the settings interface to open Pinxiaoquan Settings, and then you can enter the settings interface.

Pinduoduo is the mainstream e-commerce application product of domestic mobile Internet. A third-party social e-commerce platform focusing on C2M group shopping, it was established in September 2015. By initiating group buying with friends, family, neighbors, etc., users can buy high-quality goods in groups at lower prices.

Pinduoduo aims to gather the power 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 social e-commerce thinking.

In December 2019, Pinduoduo was selected into the 100 Model Brands at the 2019 China Brand Power Ceremony. In March 2021, Huang Zheng resigned as chairman of Pinduoduo and was succeeded by co-founder Chen Lei. As of the end of 2020, Pinduo’s number of active buyers for many years reached 788.4 million, making it the e-commerce platform with the largest user base in China.

Development History

In April 2015, Pinduoduo was officially launched. ?

In February 2016, Pinduoduo’s monthly transaction volume exceeded 10 million, and its paying users exceeded 20 million.

In July 2016, Pinduoduo exceeded 100 million users and received US$110 million in Series B financing, led by IDG Capital, Tencent, and Gaorong Capital.

In September 2016, Pinduoduo and Pinhaohao announced their merger.

On October 10, 2016, the single-day transaction volume of Pinduoduo’s anniversary exceeded 100 million yuan.

In October 2017, Pinduoduo occupied the first place in the iOS overall list and shopping category for nearly one month.

On July 25, 2018, on the eve of the Nasdaq listing, a Beijing diaper company "Dad's Choice" filed a lawsuit in the Federal Court of the Southern District of New York on the grounds of trademark infringement.

On July 26, 2018, Pinduoduo officially landed in the U.S. capital market, with an issue price of US$19 and a market value of US$24 billion. Yang Rongwen and Lu Qi were invited to serve as independent directors of Pinduoduo. ?

On August 31, 2018, Pinduoduo (PDD) announced its first financial report since its listing. 2Q revenue increased by 2489% year-on-year.

In October 2018, Gome Electrical Appliances and Pinduoduo started cooperation, with the former providing Pinduoduo with electrical appliance business.