Premium
Rivals shaping China's tech battleground
In early January, one of the early investors in Pinduoduo, a young Shanghai-based e-commerce firm, received a phone call from an executive at SoftBank.
The powerful Japanese group, with about US$270 billion (S$358 billion) in its various pockets, wanted to invest in the start-up.
Please subscribe or log in to continue reading the full article. Learn more about ST PREMIUM.
Enjoy unlimited access to ST's best work
- Exclusive stories and features on multiple devices
- In-depth analyses and opinion pieces
- ePaper and award-winning multimedia content