Chinese social media-based e-commerce firm Pinduoduo is said to seek for an initial public offering in the U.S. with a valuation of US$30 billion, according to Chinese local media citing insiders. The report said the firm will submit its IPO application next week and Goldman Sachs and China International Capital Corporation (CICC) are its underwriters. Pinduoduo, Goldman Sachs and CICC did not immediately respond to China Money Network’s emails seeking for comments. If confirmed, Pinduoduo will be the latest Chinese …

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