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Chinese E-Commerce Pinduoduo Raises $1.6B with U.S. IPO

Chinese E-Commerce Pinduoduo Raises $1.6B with U.S. IPO
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Chinese commerce startup Pinduoduo Inc. (NASDAQ: PDD) priced its U.S. initial public offering at USD 19 per share, the high-end of the range, and raised USD 1.63 Billion to become the second largest U.S. float from a Chinese company this year. Pindu..


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