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Pinduoduo to invest $13.7 billion to transform, upgrade merchants

ReutersApr 3, 2025 6:47 AM

- Chinese e-commerce platform Pinduoduo, which is owned by PDD Holdings PDD.O, will invest 100 billion yuan ($13.7 billion)over the next three years in transforming and upgrading platform merchants, Pinduoduo said on Thursday.

($1 = 7.2958 yuan)

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