Everyone can read to review and correct anything misunderstood.
There are lots of people types who need something visual to improve their understanding.Ģ. Everything is better understood between parties involved. Here are some general benefits (only some) of "putting in writing":ġ. This "putting in writing" can also be used for almost anything else. I am a firm believer of the many benefits of putting everything in writing and I try to teach it to as many people as I can. I have always lived by "put it in writing" all my work life. Pinduoduo says it has 882 million active buyers in China, nearly equal to Alibaba’s 903 million. Pinduoduo became especially popular in second- and third-tier Chinese cities where consumers were more budget conscious, and nearly doubled its revenues in 2020 amid pandemic-inflicted lockdowns. Pinduoduo founder Colin Huang said in the company’s 2018 IPO prospectus that his goal was to create a model combining aspects of Costco with Disneyland. That includes Pinduoduo’s pioneering “group buying” platform, in which consumers are given the option to buy products directly or they could recruit their friends to purchase bulk orders directly from manufacturers to reduce the cost. In September, Pinduoduo is expected to launch a cross-border ecommerce platform that will target the American market, according to Bloomberg and Reuters.Ĭhinese web site first reported the news last week and said that Pinduoduo intends to replicate the model used by Chinese fast-fashion firm Shein to attract American consumers.Ĭompany executives reportedly has briefed its merchants but details have not yet been finalized, company sources told Reuters.Īccording to Yahoo, after Pinduoduo launched in 2015, the firm quickly found a niche in China’s ecommerce market by bringing more social and video game–like elements to online shopping. Shein also built its empire on the back of an ultraefficient supply chain.Ī smaller but perhaps still substantial may be familiar with Alibaba rival JD.com.īut which large Chinese ecommerce platform is coming soon to the US soon? That would be virtually unheard of Pinduoduo. Pinduoduo became adept at reducing costs by cutting out supply chain middlemen and encouraging group buying. You can get up to speed with everything that's happening this week with our Gamescom 2022 guide.A high percentage of Americans probably know the name of giant Chinese ecommerce giant Alibaba.
And we have our man on the ground, Chris Tapsell, booked up to his eyeballs with appointments at the show. We will, however, be mopping them like a dirty floor afterwards for anything interesting that happened. There are more Gamescom conferences this week but we won't be covering them live. So, see you later? And if you have two monitors, you can watch Zoe react to the conference announcements live, too. A new trailer for Sonic Frontiers popped up this morning before being hastily pulled down again, but not before the internet caught the 8th November release date. I wonder if any of those will have dates on? What are we going to see? Well, Geoff Keighley! And he's promised a bumper load of world premiere trailers for games such as Return to Monkey Island, The Expanse: Telltale Series, The Callisto Protocol and "more than a dozen" more. And we'll be covering it live, right here, while you watch and chat about it. Gamescom is back - das ist super! And it kicks off tonight with Geoff Keighley's Opening Night Live from 7pm UK time.
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