Tencent-backed Chinese e-commerce firm Pinduoduo set to raise $6b

Tencent-backed Chinese e-commerce firm Pinduoduo set to raise $6b

Visual from Pinduoduo website

Nasdaq-listed Chinese e-commerce giant Pinduoduo Inc (PDD) is set to raise a corpus of $6.1 billion by pricing its offerings of convertible notes and equity, the firm announced on Wednesday. 

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