E-commerce & Instant Retail
Huang Zheng: We Were the Originator of Community Group Buying; Duoduo Maicai Is a Long-Term Business
On the afternoon of October 8, Pinduoduo held an internal celebration for its fifth anniversary. Chairman Huang Zheng delivered an internal speech, and CEO Chen Lei released an open letter to partners. Huang called on all staff to 'activate hardcore struggle mode,' emphasizing that Duoduo Maicai is a long-term business, not merely community group buying, despite its origins.
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