UK Markets closed

China E-Commerce Upstart Pinduoduo Says 'Very Positive' on Results

Mar.12 -- David Liu, vice president of strategy at Pinduoduo Inc., the country's No. 3 online retailer after Alibaba Group Holding Ltd. and JD.com Inc., talks about the company's financial results, strategy and outlook. Pinduoduo’s quarterly sales missed analysts’ estimates, suggesting that efforts to add new users haven’t translated into as big a boost in transactions as anticipated. Liu speaks with Haslinda Amin on "Bloomberg Markets."