Why

Low cost products wanted

Chinese people who live in remote areas hunger for cheaper merchandise.

Searching for shopping advice

Many new netizens rely on social media recommendations to find good deals online.

Supply surplus

Many Chinese factories need more buyers to relieve them of their overstock.

Market

1.4 billion

Current population of China: Pinduoduo considers all Chinese people its potential customers.

Limited Reading

The rest of the content is only available if you are logged in.

Limited Reading
LOG IN
RELATED INSIGHTS
The Big Picture

300 million users in 3 years: Cracking e-commerce the Pinduoduo way

E-commerce

Trending

China reverses ban on street vendors to boost economy, sparking new demand for digital solutions

E-commerce

Trending

Future Food Asia: Covid-19 sparked dramatic shifts in agriculture in China and India

Agriculture & Fishery

Trending

Smart Agrifood Summit 2021: A global innovation ecosystem is needed to catch up with other sectors

Agriculture & Fishery

RECOMMENDED
HijUp

Startup

HijUp

Indonesia

Gojek

Startup

Gojek

Indonesia

Xurya

Startup

Xurya

Indonesia

Indonesia Agritech Report 2020: Startups, Investors and Outlook

Download

report report

RELATED ARTICLES

The Big Picture

300 million users in 3 years: Cracking e-commerce the Pinduoduo way

The dark horse of online retail is our key to understanding China's new consumer growth story

E-commerce

Trending

China reverses ban on street vendors to boost economy, sparking new demand for digital solutions

Alibaba, Tencent, Meituan and other tech giants give roadside vendors digital makeover, so they can compete with fast-food chains like McDonald’s, KFC and Pizza Hut

E-commerce

Trending

Future Food Asia: Covid-19 sparked dramatic shifts in agriculture in China and India

Key Chinese players from e-commerce giant Pinduoduo and and agritech VC Omnivore share their insights at last week’s agrifood conference by ID Capital

Agriculture & Fishery

Trending

Smart Agrifood Summit 2021: A global innovation ecosystem is needed to catch up with other sectors

Investors from SVG Ventures/THRIVE, Pinduoduo and others agree that players must join forces to boost agrifood tech investment, internationally and across the value chain

Agriculture & Fishery

Indonesia Agritech Report 2020: Startups, Investors and Outlook

Download

report report

RECOMMENDED

HijUp

STARTUPS

HijUp

Indonesia

Gojek

STARTUPS

Gojek

Indonesia

Xurya

STARTUPS

Xurya

Indonesia

Your payment was not successful.

Please make sure you have entered your payment details correctly. Or try again in a few moments.

small logo

The discount code you entered is invalid

Please make sure you have entered your discount code correctly. Or try again in a few moments.

Download successful.

Your sample has been sent. Please check your email.

By accessing and using www.compasslist.com and all pages within the domain (the “Website”), You accept and agree to have read, understood, accepted and agreed to be bound by the Terms of Use and Privacy Policy in full. If you disagree with all or any part of these Terms of Use and Privacy Policy, please do not use or continue any further use of this website. You acknowledge that you are aware that this Website contains an archive of existing content as at 31 December 2021 and is not being actively managed. We are under no obligation to update the content on this Website and, accordingly, no new content or articles will be posted to the Website after 31 December 2021.