Pinduoduo Inc 2021 Prediction
E-commerce in China statistics:
Revenue in the eCommerce market is projected to reach US$1,260,539m in 2021.
Revenue is expected to show an annual growth rate (CAGR 2021-2025) of 6.7%, resulting in a projected market volume of US$1,635,804m by 2025.
The market's largest segment is Fashion with a projected market volume of US$330,633m in 2021.
Competes with Alibaba a bigger but in my opinion less social E-commerce giant.
Pinduoduo found room in e-commerce, not as a competitor to search-based websites like JD, but as a new e-commerce platform focused on interactive and social shopping experiences online. Social shopping may seem like a new concept, but the reality is that in the physical world, shopping is meant to be “interactive and fun”
Final Thoughts: China is experiencing a large volume of growth in the fashion market. This is heavily influenced by social factors. Potentially making PDD a better fit than BABA.
Revenue in the eCommerce market is projected to reach US$1,260,539m in 2021.
Revenue is expected to show an annual growth rate (CAGR 2021-2025) of 6.7%, resulting in a projected market volume of US$1,635,804m by 2025.
The market's largest segment is Fashion with a projected market volume of US$330,633m in 2021.
Competes with Alibaba a bigger but in my opinion less social E-commerce giant.
Pinduoduo found room in e-commerce, not as a competitor to search-based websites like JD, but as a new e-commerce platform focused on interactive and social shopping experiences online. Social shopping may seem like a new concept, but the reality is that in the physical world, shopping is meant to be “interactive and fun”
Final Thoughts: China is experiencing a large volume of growth in the fashion market. This is heavily influenced by social factors. Potentially making PDD a better fit than BABA.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.