Pinduoduo unveils in-house brand with 100b yuan investment plan
A consumer walks past an advertisement of e-commerce platform Pinduoduo at a shopping mall in Shanghai. [Photo provided to China Daily] China’s major e-commerce platform Pinduoduo said on Wednesday that it will invest 100 billion yuan ($13.9 billion) over the next three years to build a new self-operated brand initiative, as part of a broader…









