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What is the confidence behind Pinduoduo's heavy investment in China's supply chain to launch a new round of e-commerce revolution?
Introduction: Pinduoduo's new starting point is to create value through supply chain upgrades. In just three years, Temu has completed the journey that $PDD(PDD.US) took ten years domestically, with user scale and growth momentum approaching the main platform, becoming a new engine for global e-commerce growth. In the next three years, Pinduoduo's goal may be to recreate a dual-wheel volume of "Pinduoduo + Temu". How many more Pinduoduos does Pinduoduo need to recreate? Behind the question lies the huge growth potential among the 7 billion overseas population, far from reaching the ceiling...
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