June 21, 2026 — Pinduoduo Group signed with PowerChina to acquire an office
building in Xiong'an PowerChina Zhihui City digital new‑consumption e‑commerce
industrial park. Pinduoduo registered a wholly owned local unit, Pinduoduo
Information Technology Services (Xiong'an) Co., Ltd., on May 27; onboarded 150
new employees on June 10; and on June 16 signed a Digital Service Strategic
Cooperation Framework Agreement with the Xiong'an New Area Management Committee
and launched recruitment for more than 5,000 positions.