China's PDD to Raise More Than $1 Billion in Alibaba Challenge

Feb 06 2019, 1:45 AMFeb 06 2019, 5:06 AMFebruary 06 2019, 1:45 AMFebruary 06 2019, 5:06 AM

(Bloomberg) -- China’s upstart e-commerce company Pinduoduo Inc. and its shareholders filed to sell more than 50 million shares in a secondary offering that could raise about $1.5 billion after the company’s public debut last year.

China\'s PDD to Raise More Than $1 Billion in Alibaba Challenge

China's PDD to Raise More Than $1 Billion in Alibaba Challenge