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NEW Pinduoduo's latest information

be vigilant! The cross-border e-commerce platform suddenly laid off 80% of its employees

Cross border e-commerce sellers should pay attention! The US version of "Pinduoduo" Wish, as well as the parent company of several e-commerce platforms in South Korea, the Singapore e-commerce platform Qoo10, have suddenly fired more than 80% of Singapore employees in the past two weeks! According to reports, Qoo10 is now "all empty tables" in the office. This e-commerce platform, famous for its wholly-owned acquisition of Wish, seems to have encountered major financial problems. According to the report of the independent in Singapore, Qoo10's large-scale layoffs are due to the payment arrears of local sellers and consumers in the Korean e-commerce business of Qoo10

Cross border e-commerce cross-border housing

Wish

Qoo10

Pinduoduo

2024-09-04

Cheap things fight the poor! TEMU evaporates 300 billion yuan overnight! TK US challenges TEMU status?

After the release of the performance of the parent company of TEMU Pinduoduo, the total market value reached the highest level of about 1.4 trillion yuan. Who knows that 300 billion yuan was evaporated overnight once the performance was released, and the current market value is about 1 trillion yuan. 30% overnight, the largest single decline since IPO! Pinduoduo's Q2 performance revenue was $97.06 billion,+85.65% year-on-year, and the predicted value was $10099 million, slightly lower than expected year-on-year. Pinduoduo's operating profit reached $35 billion for the sixth consecutive quarter, up 139% year-on-year. Earnings per share also exceeded expectations. Why did the stock price plummet!? Investigate

Cross border e-commerce cross-border housing

TikTok

Amazon

Pinduoduo

2024-08-28

Temu stalled and Pinduoduo's market value plummeted

Recently, after Pinduoduo released its second quarter financial report, its share price fell by more than 30% in the intraday, and its market value evaporated by more than 55 billion US dollars (contract value was 391.9 billion yuan), which almost dropped NetEase. Pinduoduo's share price fell sharply, just over two weeks after its founder Huang Zheng became the richest man in China. The decline of share price also reduced Huang Zheng's wealth by more than 10 billion yuan. Some people said that Huang Zheng intended to let Pinduoduo's share price fall. Huang Zheng, as a disciple of Duan Yongping, is well known for his low-key doctrine. After he became the richest man in China, he felt extremely cold at high places. He believed that "when the moon is full, the loss will occur, when the water is full, the loss will occur."

Blue Ocean Yiguan Network

Pinduoduo

logistics

ocean shipping

2024-08-28

I teach you how to sell beads like this, and you can earn 100000 yuan a month!

Everyone knows the celebrity effect, but can you imagine that the mildew just makes the friendship brands by a line in You're on Your Own, Kid, take the moment and taste it， I took the fire to do beading. Some merchants have roughly counted that they will earn more than 10000 dollars by stringing beads in the next three months!!! Today, beading handicrafts have been selling well, especially on Etsy's platform, which pays attention to the originality of handicrafts.

2024-08-28

The cross-border big sale first reported the revenue of Temu platform..

Public opinion crisis, stock price decline, where is the way?? In today's highly competitive cross-border e-commerce field, the Temu platform has emerged as a new force and become the focus of attention of many businesses. The revenue of the Saiwei era on the Temu platform soared to 60 million yuan, causing widespread concern and thinking. Is it the mode fit or something else? In fact, Temu has been in a crisis of public opinion due to the recent refund event, and many sellers have lost confidence in Temu's business environment. On the morning of August 26, many businesses went to Pinduoduo temu to run the company and defend their rights downstairs of the Olympic Park International Center in Panyu District, Guangzhou. A merchant

2024-08-27

Pinduoduo's market value has shrunk by 400 billion overnight, and the soaring Temu has also slowed down?

Temu is in danger of growth, and a group of sellers are exiting

AMZ123 cross-border e-commerce

2024-08-27

The spending on shopping in the beginning of the school season in the United States will reach 38.8 billion dollars; Pinduoduo's revenue increased by 86% in the second quarter | Cross border E-commerce Daily

EU design Design number 008663090-0001 Date of the national registration 2021-08-26 Publication Date 2021-12-21

To Meitong Overseas Warehouse

U.S.A

Pinduoduo

China

2024-08-27

The 2023 Hurun China Top 500 was released, and Pinduo ranked fifth!

AMZ123 learned that on August 13, Hurun Research Institute released the list of 2023 Hurun China Top 500. Among them, thanks to the recovery of the global chip market and the prosperity of AI, TSMC's value rose by 880 billion yuan, ranking the highest value private enterprise in China with 3.7 trillion yuan; After that, Tencent, Alibaba and Byte Bounce ranked 2nd, 3rd and 4th with values of 2.85 trillion yuan, 1.57 trillion yuan and 1.40 trillion yuan respectively. At the same time, with the withdrawal of Ant Technology (now No. 12), a new face appeared in the top ten list: Pinduoduo's value rose by 468 billion yuan to 11000 yuan

Pinduoduo cross-border platform Temu

Temu

Pinduoduo

2024-08-14

A large number of sellers protested! The discount shopping giant Temu's supply chain may face review?

The recent protest against Temu, an international discount shopping service provider, seems to expose the internal tension between Pinduoduo Holding's platform and its suppliers. In the past two years, Temu has developed into a popular portal for mainland exporters to contact overseas consumers.

2024-08-12

What is the strategy of Pinduoduo and TEMU to subvert the global e-commerce market?

Pinduoduo, one of China's largest e-commerce platforms, and TEMU, its overseas e-commerce platform, are disrupting the global e-commerce market. What are their successful strategies? This article collates and shares data from ECDB.

Xiaosheng Research Institute

Pinduoduo

Marketing

2024-08-08

Maximum annual salary in millions? Temu recruited talents for this position

AMZ123 learned that according to the prediction of Bernstein's latest report, the total volume of goods transactions (GMV) of Pinduoduo cross-border e-commerce platform Temu will reach US $54 billion in 2024, and will continue to make profits. At present, the above data has not been officially certified by Pinduoduo. But there is no doubt that Pinduoduo Temu is developing in full swing on the second growth curve of going to sea, and with the development of overseas business, its employment demand is also soaring. According to the open recruitment information, Pinduoduo has released a large number of posts related to cross-border e-commerce business since Temu went online, including business operation, logistics

AMZ123 cross-border e-commerce

Temu

Supply chain

Pinduoduo

2024-08-05

When will Taobao's "refund only" release no longer "one size fits all" Pinduoduo Jingdong Dithering E-commerce follow up?

On July 26, Taobao announced that it would optimize the "refund only" strategy, improve the after-sales autonomy of merchants according to the new version of experience points, and reduce or cancel after-sales intervention for high-quality stores. Relevant strategies will be officially implemented on August 9. After the strategy is launched, the platform will not actively intervene through Wangwang to support only refunds after receiving goods for merchants whose comprehensive experience scores are ≥ 4.8, but encourage merchants to negotiate with consumers first.

E-commerce Research Center

Electronics

Pinduoduo

2024-07-29

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