Pinduoduo

The company has served nearly 100,000 corporate clients including Pinduoduo, Dangdang, and ZiRoom.

The social giant is not only an investor of Pinduoduo, it is developing its own version of the popular social commerce platform.

E-commerce livestreaming is a major rising trend in China and various stakeholders are eager to capitalize on its influence.

The Cadillac XT5 model starts at over USD 46,000, but Pinduoduo promises discounts of USD 14,000.

They lead companies such as ByteDance, Pinduoduo, and DJI.

Over 240 million users have bought agricultural products on Pinduoduo last year, amounting to USD 19.3 billion in sales.

Pinduoduo will subscribe to USD 200 million in convertible bonds to be issued by Gome as part of the partnership.

Livestreaming isn’t just for entertainment anymore.