Pinduoduo transaction revenue up 315% as Chinese consumers hunt for bargains
Chinese flag waving in front of Shanghai cityscape. Eternity in an Instant | Stone | Getty Images Consumers in China are hunting for bargains when they spend, the latest earnings from online retailers show. Chinese e-commerce giant Pinduoduo posted 94% growth in third-quarter revenue, far outpacing Alibaba’s 9% growth during the same period. Pinduoduo, known for … Read more