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  1. Sep 5, 2023 · Pinduoduo has 5.1 million merchants selling their products on the platform with a gross merchandise value of more than ¥1 trillion, or $154 million (Pinduoduo). Pinduoduo's latest revenue report put them at ¥30.141 ($4.62 billion). The platform reported a 75% increase in annual spend per buyer to $219.20 per year.

  2. Oct 25, 2024 · Step 1: Get the Pinduoduo app. It is available for both devices. Switch on your Chinese VPN server. Step 2: Launch the app and locate the “Register” icon. Enter your phone number and verify via SMS. Note: You can generate one if you don’t have a Chinese number. There are sites like CallHippo that offer the services.

  3. Aug 13, 2024 · 1) Download the Pinduoduo App. Go to the Play Store or Apple Store and find the Pinduoduo App. If you can’t locate it, go to Google and write about the Pinduoduo Chinese App. Many websites offer the APK file for download. Download the file and install it on your phone. Check if it is working perfectly.

  4. Sep 17, 2024 · Find the latest statistics and facts on Pinduoduo Inc., a leading e-commerce provider in China. ... 70+ KPIs per store; ... Download share of shopping app Temu as of October 9, 2024, by country ...

  5. Mar 24, 2021 · Pinduoduo’s full-year revenues in 2020 were RMB 59.50 billion ($ 9.12 billion), representing an increase of 97% YoY. Annual spending per active buyer was RMB 2,115.2 ($ 324.2) in Q4 2020, an increase of 23% from RMB 1,720.1 in Q4 2019. Pinduoduo’s market value now stands at over $190 billion. 2.

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  6. Mar 13, 2024 · Giants Alibaba and JD.com are undoubtedly reluctant to be drawn into a price war, but the success of Pinduoduo has prompted some defensive moves, particularly as the economic climate grows tougher. Alibaba originally launched its discount app, Taobao Special Value, in 2018 as Pinduoduo’s rise was truly starting to take hold.

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  8. Apr 15, 2021 · According to Tianyancha, a business database, Pinduoduo has been named as a defendant in 7,150 lawsuits by the end of 2020, rising from 230 in 2017. The cases were mainly filed by brand owners who accuse Pinduoduo and its vendors of counterfeiting, as well as vendors and shoppers who blame the company for harming them.

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