Pinduoduo's market value is about $200 billion. Who is better than Taobao?

Judging from the current development, Pinduoduo products are far superior to Taobao in cost performance. Although many people think that the quality of Pinduoduo's products is uneven, the products of Pinduoduo and Taobao are obviously tarred with the same brush. Moreover, there is no obvious difference in quality between Taobao's products and Pinduoduo's products, but in terms of price, Taobao's products are much more expensive, so in the process of cost-effective selection, Taobao's products have been defeated. This is why Pinduoduo has not been eliminated by the market in recent years, but has become more and more brave. Of course, who is the better product of Pinduoduo or Taobao can be compared from the following points.

First, in terms of market choice and recognition, Pinduoduo is constantly pursuing Taobao. Although Taobao platform still occupies a considerable market share in the e-commerce market, Pinduoduo is constantly surpassing Taobao platform through its development in recent years. This has also led to the increasing market value of Pinduoduo, and more importantly, the number of active users in Pinduoduo is higher than that in Taobao.

Second, relying on Tencent, Pinduoduo is constantly devouring Taobao's market share. Pinduoduo obtained the traffic interface of WeChat platform through Tencent's shareholding. Therefore, users in Pinduoduo can easily access shopping pages in Pinduoduo through WeChat platform. Tencent also gave strong support to Pinduoduo, giving Pinduoduo enough confidence to compete with Taobao supported by Alibaba.

Third, Pinduoduo has continuously accumulated its own advantages in service level and product cost performance. Although Pinduoduo and Taobao are completely the same in terms of service level, Pinduoduo still has great advantages in the key factor of cost performance. This is the reason why Pinduoduo can be recognized by more and more consumers, because consumers always want to buy the products they need at lower prices.

It's no big surprise that Pinduoduo will surpass Taobao platform in the next few years. As the development trend of Pinduoduo is too rapid, Taobao is helpless in the face of fierce pursuit of Pinduoduo.