Pinduoduo is giving its entire profit for last quarter back to rural China

Pinduoduo is giving its entire profit for last quarter back to rural China

E-commerce firm Pinduoduo (PDD) on Tuesday pledged to donate the $372 million it made in the three months through June 30 toward the development of China’s agricultural sector and rural areas. In total, it expects to donate 10 billion yuan ($1.5 billion) toward such causes. “This is an important and challenging task, which we will … Read more