Chinese online group Pinduoduo targets up to $1.63 bln in U.S. IPO
July 16, 2018 at 14:21 PM EDT
Chinese online group discounter Pinduoduo is planning to raise up to $1.63 billion from a U.S. listing, its latest filing with the U.S. Securities and Exchange showed, in what will be one of the biggest U.S. float by Chinese firms in four years.