Tencent-Backed PDD Eyes $1.6 Billion in Latest Mega Tech IPO
The Pinduoduo logo is seen on a cushion at the company’s office in Shanghai, China. (Photographer: Qilai Shen/Bloomberg)

Tencent-Backed PDD Eyes $1.6 Billion in Latest Mega Tech IPO

(Bloomberg) -- Pinduoduo Inc., the Chinese e-commerce operator backed by Tencent Holdings Ltd., plans to raise as much as $1.6 billion in a U.S. initial public offering to bankroll a fight against ...
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