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Articles by 我是风清
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Pinduoduo Finally Profitable: How Far Is It from Surpassing Taobao?
Pinduoduo reported its first profitable quarter in Q3 2020, with a net profit of 466.4 million yuan under non-GAAP, driven mainly by online marketing services. Despite trailing Alibaba in GMV and revenue, its rapid user growth suggests it may soon overtake Taobao in annual active buyers.
我是风清Unmanned Convenience Stores Are Dead: After Burning 4 Billion, They Have Become Complete Sacrifices
History always repeats itself. When the capital winter arrived, unmanned retail quickly entered a deep freeze. Until today, no one talks about unmanned convenience stores anymore. This means it's time to learn the lessons from this 4 billion yuan money-burning war.
我是风清