On December 1, as of the U.S. stock market**, the market value of Pinduoduo** surpassed Alibaba, becoming the first stock in the U.S. and China concept stocks in terms of market capitalization. Pinduoduo has a market capitalization of $195.9 billionAlibaba's market capitalization is $190.7 billion.
Pinduoduo's per capita income in the first three quarters was 12.22 million, and in 2020 and 2022, Pinduoduo's per capita income remained at Ali 26 times 29 times, JD 31x 43 times the level. In 2021 and 2022, Pinduoduo's per capita operating profit will be about 2 of Alibaba's6 times, 54 times, JD.com's 71 times, 585 times.
From a human resources operation perspective, Pinduoduo's growth is very healthy.
In the case of increasing TEMU's new business, the total labor cost has not risen but fallen, and the per capita output has continued to rise, which shows that Pinduoduo's efficiency has been well controlled, and there has been no sign of big business disease and bureaucratization, and it is still full of passion like a start-up.
It is said that Pinduoduo employees practice 11-11-6, 11 a.m. and 11 p.m., six days a weekWhen the big promotion is "Ming Tombs", it will take 13 days off for 13 days. Pinduoduo employees are known for their high incomes and income from their labor, so there are not many labor disputes.
The above data shows that Pinduoduo's organization is still very dynamic, how can it be done when the company is so large?Musk said that "Douyin is using the fall of human nature to make money", so what characteristics of human nature does Pinduoduo use to make money?Which knife of human nature is the one that is being cut with a knife?
In any case, traditional companies should learn from Huawei, and Internet companies should learn from Pinduoduo and use a magnifying glass to learn at the pixel levelIt is hoped that Pinduoduo will not only make money, but also contribute to the management practices of Chinese enterprises.