Pinduoduo

But average spending per user remained less competitive compared to Alibaba e-commerce and JD.com.

Pinduoduo’s growth has continued in the post-pandemic recovery period, as the company seeks to expand its presence in China’s massive agriculture industry.

WeChat users can now submit identity and bank information to register for a store.

Tesla claimed that Pinduoduo’s discounted sale violated the company’s policy that prohibits reselling.

As the pandemic increased online screen time and shopping on nearly all platforms, more brands and organizations have decided to buy in, creating both successful cases but also highlighting pitfalls.

The Duoduo Pifa wholesaling feature is similar to Alibaba’s 1688 platform, which is the country’s largest online platform for businesses to procure goods.

Chen, also a founding member of Pinduoduo, had been involved in operational decisions while serving as the company’s chief technology officer since 2016.

Pinduoduo’s aggressive discounts are enraging some big brands who are reluctant to give up control over brand image and pricing strategy.