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KM Financial Solutions | UPDATE 2-China’s Pinduoduo raises $1.1 bln in share placement amid volatile markets
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UPDATE 2-China’s Pinduoduo raises $1.1 bln in share placement amid volatile markets

31 Mar UPDATE 2-China’s Pinduoduo raises $1.1 bln in share placement amid volatile markets

Posted at 05:53h in News by
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Chinese e-commerce firm
Pinduoduo Inc said on Tuesday that it had raised $1.1
billion in a private share placement, bolstering its ability to
finance growth, despite recent market volatility.

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