What kind of value Poundland provides to its customers

One of the values created for customers is that a user can buy goods at a lower price by initiating a group with friends, family, neighbors, etc.. The aim is to unite the strength of more people, with a lower price to buy better things, experience more affordable and fun.

Echoing Huang Zheng's emphasis on "continuing to focus on the endogenous value of the enterprise, and actively looking for opportunities to invest in a way that is beneficial to the long-term company value," it is Poundland's investment and landing on a number of fronts that will drive the long-term value of the enterprise to grow.

In fact, this is shown in this annual report, such as by the end of last year, Pinduoduo staff totaled 3,683, up two times year-on-year, of which the number of engineers has been more than 1,800, occupying more than half of the number of people, which is essentially the embodiment of Pinduoduo continue to make efforts in technology research and development, optimize product services.

A more intuitive example is that Pinduoduo is actively and y engaged in agricultural poverty alleviation based on its inherent advantages in the sinking market and its continuous investment in technological research and development.

In this regard, Pinduoduo has created a "centralized agricultural goods processing system" for the supply side, which effectively solves the pain points of the traditional agricultural industry chain such as the maturity cycle of agricultural products and geographic dispersion, and creates a pooling effect in time and space, realizing a direct production and marketing model from the upstream source to the hands of the consumers, which not only helps farmers to increase their income, but also lets the consumers buy agricultural products with good quality and good price.

This is the first time that we've seen this.