At the 2025 Sohn Hong Kong Conference, Sean Ho, Founder & CIO of Triata Capital, presented the case for Pingduoduo (PDD), which he identifies as the second-largest e-commerce application in China, holding approximately 21% market share. Ho describes PDD as one of the “fastest-growing companies in the world” over the past decade, surpassing even giants like TikTok, Google, and Amazon in its growth trajectory. The company has achieved remarkable growth, with its Gross Merchandise Volume (GMV) growing at a 66% CAGR historically, and its user base expanding 11 times over the preceding four years. PDD, according to Ho, continues to gain market share within the competitive e-commerce landscape.
2025 Sohn Hong Kong Conference – Sean Ho
Triata Capital’s investment...
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