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Pinduoduo's Rise and the Threat to JD.com

Pinduoduo lost 6.97 billion in 2019, JD.com scoffed

Pinduoduo lost 7.18 billion in 2020, JD.com laughed at it in every possible way

Pinduoduo’s net profit in 2021 is 7.77 billion, but JD.com says it doesn’t understand

Pinduoduo will make a net profit of 31.54 billion in 2022, JD.com realizes it is a threat

Pinduoduo made a net profit of 36.7 billion in the first three quarters of 2023, and JD.com realized the horror

Pinduoduo’s current market value is US$166.4 billion, while JD.com’s market value is US$35.8 billion, which is 4.65 times that of JD.com.

In the past, I looked down on and looked down upon, then I couldn't understand it, and now I can't catch up. This is not only the opportunity of the times, but also the cause and effect of the big platform's own arrogance and self-improvement.

Pinduoduo’s early low-price strategy and cutting-edge strategy directly captured the young people outside the Fifth Ring Road. In response to the downgrade of consumption, today’s young people are more pursuing cost-effectiveness, and Pinduoduo has lost the opportunity. The crisis that JD.com faces now is similar to that of Suning. Similar to the problem of Gome, if the arrogance of fixed thinking cannot be changed, the result will be elimination. #EOS #aevo #pepe #BTC #sei

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