Business model of the new Chinese e-commerce giant, Pinduoduo
In recent years, the newly reigned e-commerce giants, Pinduoduo and Temu, found by Huang Zheng have taken the world by storm, establishing itself as a worthy opponent of e-commerce giants such as Amazon, Shein and Taobao. What then is the business model of this somewhat secretive company? What could they be hiding behind closed doors that they are too afraid we might know, and do they have to keep these secrets hidden to preserve its revolutionary success.
XingChi
