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December 16, 2020 10:36 am GMT

Why Alibaba rival Pinduoduo is investing in agritech

Back in 2018, Pinduoduo sent shock waves through the investor community when it raised $1.6 billion from a Nasdaq listing as a three-year-old company. Online shoppers in China were excited to see its rise as an alternative to long-time market dominators Alibaba and JD.com. But the startup founded by former Google engineer Colin Huang has […]

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