Huang Zheng is a very inspirational figure, he was born in an ordinary family, but through his own efforts, he has been an excellent student since he was a child and has won many awards. He met Ding Lei and Duan Yongping during his college years, and both of them had a profound impact on his career. Duan Yongping was his mentor, and Ding Lei was his first client. During his time at Google, Huang Zheng caught up with the company's rapid development and became a millionaire. However, he found that Google's growth in China was not going well, so he decided to quit his job and start his own business.
Huang Zheng's first entrepreneurial project was digital e-commerce**, but the development speed of this project was not as fast as JD.com, so he decided to sell it. His second company is engaged in e-commerce agency operations, and Duan Yongping has provided him with a lot of help, and the company's annual sales have reached hundreds of millions. However, Huang Zheng felt that the project was not growing fast enough, so he decided to start a third company in 2013, which focused on game development.
However, in the process of starting a business, Huang Zheng suffered from otitis media, and while recuperating at home, he began to think about his entrepreneurial journey. He found that although he seemed to be good in the tide of Internet entrepreneurship, he actually barely made a splash. At this time, it was 2015, ** had just experienced a thousand regiments war, but Huang Zheng found that no one did the agricultural products in the sinking market, so he made a project called "Spell Good Goods". The project was very successful, with an average of 200,000 orders per day in two months. However, Huang Zheng felt that there was a problem with the after-sales of this project, but he thought that the feeling of entrepreneurship had finally been found.
After that, Huang Zheng got an inspiration, which was fun shopping. He experimented with adding social and gaming elements to his shopping, incorporating Costa's affordable strategy, and finally merged the Spell Good Items project and renamed it Pinduoduo. The project spread quickly on WeChat, and a year later, the daily orders exceeded one million, and the monthly GMV exceeded one billion. Pinduoduo soon became a dark horse in China's e-commerce market, with a market value of 230 billion yuan. However, Huang Zheng chose to retire at the peak of his career.
There are different opinions about the reason for Huang Zheng's retirement. Some people think that he has offended people, been rectified, or controlled by capital. But in fact, Huang Zheng has a low-key and calm personality, and Duan Yongping often reminds him to make a fortune in a muffled voice and not to be a head bird. In addition, Pinduoduo has also faced many problems in its rapid development, such as the proliferation of fakes, the emergence of counterfeit products, and the management loopholes of ** merchants. Huang Zheng is aware of the impermanence and uncertainty of business. In this complex business world, anything can happen. Even if you reach the top and have a lot of wealth, there is no guarantee of security. Therefore, he chose to retire.
In short, Huang Zheng is a very inspirational figure. His entrepreneurial journey was full of ups and downs and challenges, but he always stuck to his dreams and beliefs. Although he chose to retire at the peak of his career, he left behind Pinduoduo as a dark horse in China's e-commerce market.