The social media platform WeChat is owned by China's Tencent, which is competing with rivals Alibaba and Baidu for control of the Chinese internet market.
Chinese e-commerce startup Pinduoduo is seeking between $16 and $19 per share in its upcoming initial public offering on the Nasdaq stock market, according to its latest U.S. Securities and Exchange Commission filing on July 16. At the upper end of that range, Pinduoduo would gather $1.63 billion in funding...
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