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Pinduoduo Passes JD for No. 2 as China Bets on Cross-Border E-Commerce

Chinese e-commerce has a No. 2 player in Pinduoduo and the government is supporting cross-border e-commerce by adding new cities with special trade privileges, according to reports. In less than four years since it sprang into the Chinese consciousness, Pinduoduo now has 139 million daily active users, behind Taobao’s 299 million but well ahead of…

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