Pinduoduo (PDD) IPO Opens 39% Higher

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Pinduoduo Inc. (PDD) Prices 85.6M ADS IPO at $19/ADS

July 26, 2018 9:15 AM EDT

Pinduoduo Inc. (NASDAQ: PDD), an innovative and fast growing new e-commerce platform and one of the leading Chinese e-commerce players, today announced the pricing of its initial public offering of 85,600,000 American Depositary Shares ("ADSs") (equivalent of 342,400,000 Class A ordinary shares) at a... More