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E-commerce & Instant Retail

After Buying a Few Things on Pinduoduo, I Think It Should Be on Next Year's 315 List

Even if you've never used Pinduoduo, you've likely seen its name multiple times in the media or in WeChat groups and Moments recently. This e-commerce platform, where '300 million people are shopping together,' has overnight become a media darling with tens of millions of traffic, alongside Douyin. For this rustic shopping platform full of 9.9-yuan free-shipping items, people inside the Fifth Ring Road first said they didn't understand or look down on it, but the world has always been about winners and losers. As its performance soared, Pinduoduo expanded in media coverage and was crowned as the third pole of e-commerce, making Taobao silent, JD crying, and Tencent's mouth curling up.

吴羚