Latest Breaking News On - கொலின் ஹுவாங் ஜெங் - Page 1 : comparemela.com
Alibaba Group Holding: Rivale Pinduoduo mit starken Zahlen - Aktienanalyse (Der Aktionär) | Aktien des Tages
aktiencheck.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aktiencheck.de Daily Mail and Mail on Sunday newspapers.
The young CEO who helped make TikTok a global hit is latest Chinese tech entrepreneur to quit
kxly.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kxly.com Daily Mail and Mail on Sunday newspapers.
The young CEO who helped make TikTok a global hit is latest Chinese tech entrepreneur to quit
cnnphilippines.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnnphilippines.com Daily Mail and Mail on Sunday newspapers.
By Reuters Staff
3 Min Read
(Reuters) - Pinduoduo Inc’s founder Colin Huang Zheng stepped down as chairman on Wednesday, even as the firm overtook rival Alibaba to become China’s largest e-commerce platform by users.
FILE PHOTO: The logo of Chinese online group discounter Pinduoduo is seen next to its mobile phone app in this illustration picture taken July 17, 2018. REUTERS/Florence Lo/Illustration
The Shanghai-based company reported 788.4 million annual active buyers for the 12 months to the end of 2020, overtaking rival Alibaba Group to become China’s largest e-commerce platform by users. Alibaba recorded 779 million annual active buyers during the same period.
18 Mar 2021 / 01:19 H. The Pinduoduo logo is seen next to its mobile phone app in this illustration picture. – REUTERSPIX
BEIJING: Pinduoduo Inc s founder Colin Huang Zheng stepped down as chairman on Wednesday, even as the firm overtook rival Alibaba to become China s largest e-commerce platform by users.
The Shanghai-based company reported 788.4 million annual active buyers for the 12 months to the end of 2020, overtaking rival Alibaba Group to become China s largest e-commerce platform by users. Alibaba recorded 779 million annual active buyers during the same period.
But shares in US-listed Pinduoduo fell 8% on Wednesday, after founder Colin Huang Zheng told shareholders he would step down as chairman.