Pinduoduo is the mainstream e-commerce application product of domestic mobile Internet, and the developer is Shanghai Dream Information Technology Co., Ltd., not ByteDance. Pinduoduo is a third-party social e-commerce platform focusing on C2M group purchase. Founded in 2065438+September 2005. By initiating group shopping with friends, family and neighbors, users can buy high-quality goods at lower prices. Huang Zheng, the management team: founder, has resigned as chairman. Chen Lei: co-founder, CEO and chairman. Beijing Tik Tok Information Service Co., Ltd. (formerly known as Beijing ByteDance Technology Co., Ltd.), founded on 20 12, is one of the earliest scientific and technological enterprises to apply artificial intelligence to the mobile Internet scene. The company's vision is to establish a "global creation and communication platform". ByteDance's global layout began on 20 15, and "going out to sea through science and technology" is the core strategy of ByteDance's global development. Its products include today's headlines, watermelon videos, Tik Tok, Headline Encyclopedia, Pipi Shrimp, Car Master, Wukong Q&A and so on. Its self-developed "Today's Headlines" client intelligently recommends personalized information for users through massive information collection, deep data mining and user behavior analysis, creating a brand-new news reading mode.