Chinese social media-based e-commerce firm Pinduoduo has filed for a US$1-billion initial public offering in the United States, joining the IPO rush of a number of Chinese unicorns such as Xiaomi and on-demand local services firm Meituan Dianping.
中国社交媒体电子商务公司拼多多已在美国申请10亿美元的首次公开募股,加入了小米和按需本地服务公司美团点评等许多中国独角兽的IPO热潮。
Tencent-backed Pinduoduo, which was set up in Shanghai in 2017, allows users to participate in group buying deals with deep discounts through social networking sites, and has been quickly evolving to challenge the dominant position of market leaders Alibaba and JD.
于2017年在上海成立、并由腾讯支持的拼多多,能够让用户通过社会人际关系网,以团队的形式享受大折扣优惠购物。它迅速演变成对市场巨头兼引领者阿里巴巴和京东的一大挑战。
The company's revenue, which comes from merchants' advertising and transaction commission, increased by 37 fold in the first quarter this year from the year-earlier period to 1.38 billion yuan (US$219 million), according to its prospectus filed to the Securities and Exchange Commission last Saturday.
根据上周六提交美国证券交易委员会的招股说明书,该公司今年第一季度的收入较去年同期增长了37倍,达到13.8亿元(合2.19亿美元)。该公司的收入主要来自商家的广告和交易佣金。
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