Aikenong, the first Chinese smart planting decision services provider, announced on Thursday that it has raised over 100 million yuan ($14.9 million) in Series A and Series A+ financing.
Pinduoduo reported a slower pace of growth in the first quarter as the agricultural platform operator shifted its focus to research and development.
Smart agriculture will play an increasingly important role in promoting the industry's sustainability, according to statements by leading experts during a webinar organized by the UN's FAO and Chinese firm Pinduoduo.
E-commerce platforms like Pinduoduo, which offered the 88-yuan bouquet, are able to connect flower farmers directly to consumers, removing the middlemen that add layers of costs as the flowers make their way from farms to florists.
AIForceTech, an agricultural autonomous driving enterprise, announced on Tuesday that it had secured investment through an A+ round of financing.
Farmers in one of China’s main strawberry production areas are expecting increased output after deploying precision technology developed through a smart agriculture competition organized by domestic tech firm Pinduoduo.
On Wednesday, XAG, a domestic agricultural drone manufacturer, released several new products including the P100/V502022 agricultural unmanned drone, R150 agricultural unmanned vehicle, and more.
Pinduoduo appears to be forging a path to sustainable growth after garnering more than 800 million customers in record time.
It’s a daunting task, but a growing cohort of domestic startups in the meat-loving country, along with a few foreign firms, are on a mission to reverse the trend.
Technology will help to more than double the size of the digital agricultural economy in China by 2025, providing fresh impetus for the country’s drive for agricultural modernization, according to a top agricultural expert.
China’s drive to modernize its agriculture and food industries presents immense opportunities, according to experts at the Pinduoduo Food Systems Forum.
Chinese e-commerce and grocery platform Pinduoduo has reported expectations-beating first-quarter results, backed by a 31% year-on-year increase in annual active buyers to 823.8 million.
Chinese e-commerce giant Pinduoduo (PDD) in 2020 reportedly doubled the gross merchandise value (GMV) of its agricultural sector dealings, exceeding the company’s previous estimate of 250 billion yuan.
One of China’s leading interactive e-commerce platforms Pinduoduo (PDD) has capitalized on new opportunities to source fresh farm produce and deliver it to consumers.
PDD jumped onto the bandwagon and partnered with Chinese integrated agricultural service giant Stanley Agriculture at the beginning of 2021.