A novel palladium-catalyzed three-component polycondensation of 1,2,10,11-dodecatetraene, 4,4’-diiodobiphenyl, and nucleophiles was carried out using various carbanions and amines as a nucleophilic part. The polymerization with various sodium diethyl malonates produced polymers in high yields. Particularly, no exo-double bond was detected in the polymers prepared from sodium diethyl malonates bearing substituents directly on the carbanion center. The ratios of E- and Z- isomeric units in the polymers were dependent on the structure of the nucleophiles used. Other carbanions with appropriate electron-withdrawing groups such as sulphones and ketones can be also used as a nucleophile for the present polycondensation. Within heteronucleophiles examined, cyclic amines were suitable to produce polymers in high yields.