Pinduoduo is the mainstream e-commerce application product of domestic mobile Internet. [1]202 1 for the whole year, GMV 244 1 billion yuan, [89] a third-party social e-commerce platform focusing on C2M group purchase.
Founded in September, 20 15, users can buy high-quality goods at lower prices by launching a team battle with friends, family and neighbors.
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. [26] In 20021March, Huang Zheng resigned as the chairman of Pinduoduo and was replaced by co-founder Chen Lei. [60] By the end of 2020,
The number of active buyers has reached 788.4 million, making it the largest e-commerce platform in China. [67]
On September 1 2022, Pinduoduo launched a cross-border e-commerce platform, tentatively named "Mute".