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YJ - Yunji: A Fasting Growing E-Commerce Platform In China
Yunji Inc.
Yunji: Fasting Growing E-commerce Platform in China
When talking about China's E-commerce market, Alibaba (NYSE: BABA) and JD.com (NASDAQ: JD) are the two big names that always jumped up first. The situation was changed though, by another quickly rising e-commerce platform IPOed in 2018, pinduoduo.com (NASDAQ: PDD). Established in 2015, PDD went IPO in just 3 years, with its market cap exceeding JD earlier this year. The success of PDD shows that there is still great potential in the already crowded e-commerce market in China.