Pinduoduo is an e-commerce platform that allows users to participate in group buying deals, mostly through Tencent’s Wechat app.
Pinduoduo is an e-commerce platform allowing users to participate in group buying deals, mostly through Tencent’s Wechat app. The company was founded in 2015 and is based in Shanghai, China.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Mar 30, 2020 | Post-IPO Equity | $1.10B | 2 | — | — | Detail |
Sep 29, 2019 | Post-IPO Debt | $1B | — | — | — | Detail |
Jul 26, 2018 | IPO | $1.63B | — | — | — | Detail |
Apr 11, 2018 | Series D | $1.36B | 3 | Sequoia Capital China Tencent | — | Detail |
Feb 1, 2017 | Series C | $213.69M | 4 | Sequoia Capital China Tencent | — | Detail |
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Apr 19, 2020
GOME
|
Post-IPO Debt | $200M | Real Estate | Yes |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Sequoia Capital China | Yes | Series D |
Tencent | Yes | Series D |
Boyu Capital | — | Post-IPO Equity |
Hillhouse Capital Group | — | Post-IPO Equity |
Gaorong Capital | — | Series D |
Cathay Capital | — | Series C |
Cathay Innovation | — | Series B |
IDG Capital | — | Series B |
Lightspeed China Partners | — | Series B |
New Horizon Capital | — | Series B |