As of press release, the stock had risen more than 7.5% to $133.87
Zhitong Finance learned that on Thursday, the stock price of Pinduoduo (PDD.US) rose. As of press release, the stock had risen more than 7.5% to 133.87 US dollars. According to the news, Shanghai Yucan Information Technology Co., Ltd. (the operator of “Duoduo Grocery Shopping”) has obtained an administrative license to “set up service stations to operate express delivery services (excluding letters)” in Shanghai. The specific issuance period is September 21, 2023, and is valid until September 20, 2028. This means that Pinduoduo has the qualifications to open a post office in Shanghai.