- On October 14, 2024, the management of the company accompanied the leaders of the Publicity Department of the Provincial Party Committee to report their work to the relevant departments in Beijing.
- On October 12, 2024, the management of the company went to the Municipal Committee.
- On October 9, 2024, the management of the company held a serious communication with relevant Internet companies on the cooperation of agricultural projects and the docking with the government level, and reached a consensus.
- On September 23, 2024, the company's management went to Wuhan to visit Internet enterprises.
- On September 16, 2024, the management of the company received the Shanghai Fund Company in Hefei.
Financial News
The founder of Pinduoduo predicts that the company will lead a new market order
In a letter to investors, Pinduoduo founder Colin Huang suggests that companies with new business models, a group that Huang portrayed Pinduoduo as leading, are expected to outrun their older rivals in a world that's witnessing a "reestablishment."
Both Alibaba and JD have rolled out their counterpart apps that adopt similar models of Pinduoduo. More rivals like Alibaba-backed Suning are reportedly joining the battle.
Included in Pinduoduo's 2019 annual report was a letter from its founder and CEO Colin Huang which sought to reassure shareholders about the company's long-term growth prospects.