CCNC vs PDD

Code Chain New Continent Limited

Code Chain New Continent Limited, through its subsidiaries, engages in the coal and mobile gaming businesses in China. It is involved in the sales, storage, transportation, and processing of steam coal, as well as iron ore trading and refined processing business. The company also engages in the sale of coke, steel, construction materials, mechanical equipment, and steel scraps. In addition, it researches and develops Wuge Manor, a game that combines Internet of Things and e-commerce based on code chain platform that provides players with access to vendors and business owners in approximately 100 cities in China. Further, the company offers electronic tokens, which are used for purchasing virtual real estate properties. The company was formerly known as TMSR Holding Company Limited and changed its name to Code Chain New Continent Limited in May 2020. Code Chain New Continent Limited is based in Chengdu, China.

PDD Holdings Inc.

Pinduoduo Inc., through its subsidiaries, operates an e-commerce platform in the People's Republic of China. It operates Pinduoduo, a mobile platform that offers a range of products, including apparel, shoes, bags, mother and childcare products, food and beverage, fresh produce, electronic appliances, furniture and household goods, cosmetics and other personal care items, sports and fitness items, and auto accessories. The company was formerly known as Walnut Street Group Holding Limited and changed its name to Pinduoduo Inc. in July 2018. Pinduoduo Inc. was incorporated in 2015 and is headquartered in Shanghai, the People's Republic of China.