Pinduoduo, founded in September 2015, runs one of the top mobile shopping apps. By launching a group purchase with friends, family, neighbors, etc., the user buys the product at a lower price.
Pinduoduo business model replies on social e-commerce and is designed to unite more people, buy better things at lower prices, and experience more benefits and fun.
Within three years of its founding, Pinduoduo has attracted over 300 million active buyers and over 1 million merchants through a new shopping format and experience.
Download Dossier: Pinduoduo statistics.