Silicon Valley Challenger China Gaining On US Lead With Mega VC Deals

Silicon Valley Challenger China Gaining On US Lead With Mega VC Deals
- Tencent has led a $3 billion funding of Chinese e-commerce company Pinduoduo, which has been ramping up by focusing on selling to smaller cities and lower-income people in China. Its innovative business model Pinduoduo lets users make group buys into consumer categories with friends through ..