Chinese e-commerce platform Pinduoduo, which is known for its cut-to-the-bone price offerings through social media sharing, has quietly expanded its presence in Hong Kong with new delivery and payment services tailored for local consumers.
The Shanghai-based company, which takes advantage of users’ social networks to promote deals and woo new buyers, has proven to be a formidable player in China’s “sink” market, referring to low-income consumers in rural areas.
China’s Pinduoduo quietly expands e-commerce operations in Hong Kong, wooing consumers with bargains and direct shipping 24HTECH.ASIA comes via ChinaTechNews.com.