PDD Holdings Inc. (PDD.US) established Pinduoduo Information Technology Services (Xiong'an), focusing on big data processing, digitalized operations and maintenance, and cloud platform services. The company pumped RMB500 million in cash as initial capital contribution.PDD launched a dedicated recruitment program for the new Xiong'an entity, directly hiring for positions including customer service, review, operations, and system maintenance. The first batch of recruitment covers 1,000 positions, and the overall hiring cycle is expected to provide more than 5,000 job opportunities locally.(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)Related NewsImports YoY for May in China is 27.4%, higher than the previous value of 25.3%. The forecast was 25%.
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