2018 marked the fourth wave of IPO fever with 42 companies going public. The overlapping users reached 137.87 million among Pinduoduo (272.6 million) and mobile Taobao (699 million). Short video (33.1%) and instant messenger (18.6%) took up over half of the increased usage duration.
2018 had seen 42 Chinese companies from a variety of verticals represented by Xiaomi, Meituan, and Pinduoduo going public.
It marked the fourth wave of IPO fever following the third wave with 31 public list...
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