PDD Holdings
PDD Holdings Inc., formerly known as Pinduoduo Inc., is a leading Chinese e-commerce platform that primarily operates in the consumer-to-manufacturer (C2M) sector. The company is known for its innovative social commerce business model, which encourages users to participate in group buying deals. This approach allows consumers to purchase a wide range of products, including fresh produce, apparel, electronics, and household items, at discounted prices by teaming up with friends, family, or other users.