Pinduoduo: The $1.5B Startup Challenging E-Commerce Giant Alibaba In China’s Towns And Villages

Chinese e-commerce giant Alibaba holds absolute dominance in the country’s online shopping market, but a smaller startup called Pinduoduo is alive and thriving by going after a less noticed market: lower-income people in lower-tier cities.

https://www.forbes.com/sites/ywang/2018/04/06/pinduoduo-the-1-5b-startup-challenging-e-commerce-giant-alibaba-in-chinas-towns-and-villages/

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