Upcoming exclusive Q&A session with Pinduoduo
Premium subscribers are invited to submit your questions
I'm excited to offer an exclusive readers’ question session with Pinduoduo, the largest agriculture-focused e-commerce platform in China. They are also the sole global major consumer internet company that is mobile only.
On Wednesday 17th 2021, Pinduoduo announced their Q4 2020 results. Quick highlights below:
As of December 31, 2020, annual active buyers were 788.4 million, increasing 35% YoY
Average MAUs of 719.9 million, representing 50% YoY growth
LTM GMV grew 66% YoY to RMB 1,667.6 billion ($256.31 billion)
Reorienting their strategy from being the largest agriculture platform in China to becoming the largest grocer in the world
Colin Huang, founder of Pinduoduo, has stepped down from the board of directors to pursue research in the food and life sciences
The folks at Pinduoduo have kindly offered to answer our questions relating to strategy and product in a written Q&A session.
I will be curating the question list and premium subscribers are invited to submit your questions by Tuesday 23rd March!
For the avoidance of doubt this is not a paid collaboration. Chinese Characteristics remains independently funded by premium subscribers.