What is the key business of Pinduoduo?

Pinduoduo's main businesses are as follows:

1. Product sales: Pinduoduo mainly sells various commodities through online platforms, including but not limited to daily necessities, food and beverages, clothing, shoes and hats, digital appliances, furniture, etc.

4. Logistics distribution: Pinduoduo also participates in logistics distribution. Merchants on the platform can choose to use the logistics distribution service launched by Pinduoduo to ensure that products can be delivered to consumers in time.

3. Advertising service: Pinduoduo's platform also provides advertising service, through which merchants can promote their own brands and products, increase product exposure and improve sales performance.

4. Financial services: Pinduoduo provides internet financial services through its partners, including but not limited to credit cards, installment payment and wealth management products.

Expand:

Pinduoduo is the mainstream e-commerce application product of domestic mobile Internet. In 20021year, GMV 244 1 billion yuan, and the third-party social e-commerce platform focusing on C2M group purchase was established in September of 20 15. By initiating group shopping with friends, family and neighbors, users can buy high-quality goods at lower prices.

Pinduoduo aims to gather the strength of more people, buy better things at lower prices and experience more benefits and fun. The social concept formed through communication and sharing has formed Pinduoduo's unique new thinking of social e-commerce.

20 19 12, Pinduoduo was selected as the brand of 20 19 China Brand Power Festival 100. In March, 20021,Huang Zheng resigned as the chairman of Pinduoduo and was replaced by co-founder Chen Lei. By the end of 2020, the number of active buyers has reached 788.4 million, making it the largest e-commerce platform in China.

On September 1 2022, Pinduoduo launched a cross-border e-commerce platform, tentatively named "Mute".

Main functions:

Users in Pinduoduo buy the goods they need at a lower price by initiating group buying with friends, family and neighbors.

Pinduoduo gathers the strength of more people to buy better things at lower prices.