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Current Share Price: 50.300 
Blue Orca Capital
Initial Report Date(2018/11/14)Share Price:17.150  
Blue Orca is Short Pinduoduo Inc.
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Pinduoduo Inc. (NASDAQ: PDD) (“PDD” or the “Company”) purports to be China’s third-leading ecommerce platform behind Alibaba (NYSE: BABA) and JD.com (NASDAQ: JD). PDD’s meteoric rise has been near miraculous. Backed by famous venture capital firms and an investment by Tencent, in three years PDD supposedly went from a concept on a whiteboard to a USD 19 billion market capitalization. Market commentators have anointed it the fastest growing e-commerce company in the world.
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