If you don't pay attention, it seems that even ** is about to become the tears of the times.
When Pinduoduo's market value was announced to surpass Alibaba, many people were in a trance: doubtHow long have you not used it?
*The glory of the past can be described as a milestone in the history of China's e-commerce development. As China's largest shopping platform, it has achieved great success over the past few decades, with a market capitalization of $860 billion at one point.
Through innovative business models and e-commerce technology, it provides consumers with a convenient, safe and diversified shopping platform, and also provides sellers with a low-cost and easy-to-operate e-commerce platform, so that more small businesses have the opportunity to enter the e-commerce field.
It can be said that the rise of shopping platforms such as Jingdong and Pinduoduo later has more or less traces of **.
But everyone has a moment of glory, don't take a moment as permanent.
Some netizens said that in the past, Alibaba's opponents have always been Amazon, Facebook and other top-notch American technology giants.
Now Alibaba's opponent has become Pinduoduo, who has been slashing everywhere for three years, and has even been "beating the master to death with a fist" recently”
U.S. stocks**: Pinduoduo bucked the trend and overtook it
At the beginning of December, when the U.S. stock market **, Pinduoduo closed up 403% at 147$44 shares, with a market capitalization of $195.9 billion. On the same day, Alibaba edged up 025% to 74$86 shares, market capitalization $190.7 billion!
Pinduoduo, who slashes every day, has finally slashed the knife on the eldest brother.
You must know that Ali is not only **, Tmall International, Cainiao Station, Hema and other fields are tied together, and the operation is as fierce as a tiger, and I have never done a Pinduoduo!
As a young organization, Pinduoduo's abundant vitality, execution and combat effectiveness have made Alibaba's e-commerce dizzy and become a powerful competition and squeeze.
Objectively, the "growth" story of Ali's e-commerce can't be told, and the original chassis has not been kept, and there is even a risk of shrinking.
So we can't help but ask, what did Pinduoduo Huang Zheng do right?Why does capital love him so much?How did you get to where you are now?
Pinduoduo: Heroes create the times, and the times create heroes
Pinduoduo has many success points, one of the key is its branding + low-price strategy, which just adapts to the current economic situation.
In the context of the domestic economic recession and consumption downgrading, everyone took a closer look, Pinduoduo's positioning is obviously stronger than Alibaba's positioning, and the simple and crude way to save money directly captures the hearts of consumers.
Coupled with the characteristics of its young team and small-scale company, compared with Alibaba, the two have formed a completely different temperament in the capital market, making many investors more willing to invest in the future of Pinduoduo.
At the same time, Pinduoduo's internationalization route has created a "current situation" for Pinduoduo's domestic fundamentals.
Pinduoduo's overseas version of Temu was launched in 47 countries in a year, opening a "hurricane" mode in many places around the world, and overseas GMV has risen in a straight line.
The huge overseas orders and the list again and again have given Pinduoduo and its investors huge confidence and imagination, and naturally they all want to be "ministers of the dragon", and the market value has become the general trend.
Afterword
Don't judge success or failure for a while.
In the more distant future, the competition between Pinduoduo and Ali in the domestic e-commerce market may eventually reach a balance, each facing different types of customer groups and market segments, and the two are far from a life-and-death relationship I am a technology creator