Tiger Global's position in PDD Holdings is currently worth $444 Million. That's 1.58% of their equity portfolio (20th largest holding). The first PDD Holdings trade was made in Q3 2018. Since then Tiger Global bought shares eight more times and sold shares on seven occasions. The investor's estimated purchase price is $508 Million, resulting in a loss of 13%.
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Pinduoduo is investing into agriculture technology in China and expansion into the U.S. Click here to see the growth catalysts and potential risks for PDD.