Ecommercestrategychina.com uses cookies and other technologies to provide you a better browsing experience. You can get more information regarding the use of cookies, or decline it whenever by clicking Privacy Policy. By using this site or clicking “Okay”, you give us the consent to the use of cookies.

OKAY

Columns Details

Pinduoduo - a new e-commerce power rising in the Chinese market

By ESC Editorial Team, 11 months ago Business
Pinduoduo - a new e-commerce power rising in the Chinese market

On July 26, 2018, Pinduoduo went public in the third year after its inception and its value rose by about 30% in the first two trading days. It became the seventh largest Internet company in China, after Baidu, Alibaba, Tencent (BAT), Xiaomi, JD and Netease. And its market value is half of JD's. In just 34 months, the number of active users on Pinduoduo reached 295 million and the annual transactions reached RMB 98.7 billion. While the entire e-commerce dividend has almost vanished these days, Pinduoduo is gaining users and becoming a phenomenal application. Why? To understand this we need to...

You are reading the preview, sign up to read the whole article.

Sign Up

Related Articles

Add comment

Please to add comments.

Comments (Customer Reviews 0)

Recommended Books

Most Popular Posts

Subscribe to our newsletter


Stay up to date with the latest news, columns, books and special offers!

×
×