The decrease If it was, all those gadgets we know and love would be made here instead of there. Heres a breakdown of whats involved: Visit this page to sign-up as a cross-border merchant. Total costs of revenues were RMB6,515.5 million (US$1,022.4 million), a decrease of 43% from RMB11,526.1 million in the same quarter of 2020. It's bad enough having an American behemoth knowing everything I buy. Youll just have to pay a deposit entrance fee from 10,000RMB to 50,000RMB according to your industry category. Thanks, your message has been sent successfully. Multiple womens dresses are priced below $20 (some below $10) and only a few are above $50. I share important security updates every weekday straight to your inbox. First of all, you need to decide how will distribute your products. Temu, the U.S. offshoot of Chinese e-commerce giant Pinduoduo, is the most downloaded new app in America. Your email address will not be published. All three of the situations you described are an investment in oneself. Pinduoduo live-streaming, for example, is a great way to interact with consumers and encourage them to form a shopping team for your products especially if you team up with a KOL (Key Opinion Leader). Read here to further SEO on Baidu. Amazon beat them to it so I don't see any advantage here unless they plan to flood the market with lower priced crappier crap at a loss. He is called the iron chief by netizens because of his appearances during JD.coms conferences announcing more and more brand partnerships. And we'll have a Chinese company to hate on too. Searches for terms like Is Temu legit surged once Americans saw just how cheap the prices are. For sure I'm keeping my data away from the CCP as much as possible. For the most part, the prices are low because the goods are cheap. Security boost: Simple mistake making your computer slower and less safe. Latest news and trends about tech in China. Its also reportedly hard to remove everything, even after you delete it. Of those users, 65% are from lower-tier cities in China (an important marketing category), 70% are female, 63% are between 25-40 years old, and 42% dont have a college degree. Registering for Pinduoduo as a cross-border merchant is a relatively simple process and can be completed within a week. It offers free shipping with no minimum purchase and widespread 30 percent discounts, but Pinduoduo could be subsidizing early customers in a bid to gain word of mouth. Mostly because everything takes 30 days to arrive, because it has to travel on a boat from China and go through customs two times (or more). If you have a cosmetics brand, for example, the right option could be an account on Xiaohongshu, and thanks to a collaboration with KOCs, as well as the creation of avatars that write shopping notes, you can perfectly manage your online reputation. They'd be forced to construct buildings that meet code, employ Americans at minimum wage+ who would at least be somewhat protected by working hours, workers' compensation, unemployment and other considerations. are not that easy to import in the US. Temu itself acknowledges that its orders take longer to arrive than those from Amazontypically 7-15 business daysas they come from overseas warehouses. But it appears that Temu also has had trouble delivering inside that larger time window. We've recently sent you an authentication link. Most apps out there want as much as youll give up. Join 400K+ happy subscribers. Every Wednesday and Friday, TechNodes Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox. Users who turned to Temu this month as a lifeline for holiday shopping in the face of the highest inflation in a generation made it one of the fastest growing platforms in the U.S. Your phone or computers operating system and version, your IP address, GPS location (if you allowed it), and browsing data. Described by its founder, the former Google employee Colin Huang, as a cross between Costco and Disneyland, Pinduoduo has ridden a wave of meteoric Chinese tech growth to become one of the largest e-commerce companies in the world since its founding in 2015. 380 hours per month is about 12 hours per day, with no days off. We are the most visible Marketing Agency for China. Pinduoduo, which boasts a user base that accounts for three quarters of Chinas online population and a market value three times that of eBay , wasnt always an The result is often poor but they make up for it by sheer amount effort. Remember, they are owned by the same company. Address:777 Terrace Ave, Suite 202Hasbrouck Heights, NJ 07604. An anonymous reader quotes a report from The Guardian: This discussion has been archived. It turns out that warehousing products in the U.S. costs money. I bet this plays well in the US central and southern states Amazon search is so bad it must be deliberately and on purpose messed up the way it is. Even Amazon returns, are being put into landfill. How that deal ever got into place makes no sense since it is clearly anti-competitive to American Businesses that actually are located in the US. It only takes once, buying something from these guys to learn to stay away. 2023 NYP Holdings, Inc. All Rights Reserved, Shein mocked for bizarre leather thong shorts: Buttcheek loin cloth, The 12 best natural laundry detergents of 2023 (that are *actually* natural), with expert tips, An expert details how to buy the 10 best bath towels online, without feeling them, Our top-reviewed Dyson vacuum is $100 off through tomorrow only: Why its worth the hype, Simple mistake making your computer slower and less safe. The question is what kind of company its going to be if it sets up offices in the United States. Sure, cheap crap is on Amazon. And thats the main unique selling point of Pinduoduo: Its designed to incentivize customers to share products via social media and, in turn, increase sales for the brands that sell on the platform. Pinduoduo became, at least in that moment, the face of how brutal the 996 conditions can be in tech, said Tan. WebPinduoduo Inc. (Chinese: ; Pinyin: Pn dudu) is a Chinese online retailer. Context: Alibaba and Pinduoduo are increasingly moving onto one anothers home turf. We are not responsible for them in any way. So Im grateful for it., Temu may have given Lukey many items without her turning over any cash, but the company is getting free advertising via Lukeys social network in return. Temu isnt unique in all the info it wants to capture from your phone, of course. Learn more about AdChina.io and how it could help your business boom in China by taking a look at our marketplace. I'm Shreya and enjoy collaborating with China digital marketing experts to share the best advice for growing your business in China. As for the exciting problems of pinduoduo, Fig. Multiple womens dresses are priced below $20 (some below $10) and only a few are above $50. With Chinese social media business accounts, youll be able to promote your Pinduoduo products to users who are actively using social media. and more likely than not you'll get a tidal wave of shit thrown back at you. More awareness, more social sharing, and more sales on channels like Pinduoduo. This system also helps us to better detect fraudulent activities. You should hear back quickly and be asked to sign a contract. Temus site shows average shipping times to most of the U.S. of seven to 15 business days, with no fees for orders of $49 or more. The 996 work culture, mandatory overtime and other tools of exploitation. Presently, the company promises to deliver products within 7-15 business days. Get the best reports to understand your industry. As of 2020, Pinduoduo has over 640 million monthly active users, making it the fastest growing e-commerce site in China. how PDD has become the current fastest-growing e-commerce platform; why it is convenient for unknown cross-border companies to work with PDD and how they can join it; how Sany Group is taking advantage of its collaboration with PDD. True to its slogan "Together, More savings, More fun", Pinduoduo brings fun into consumers' shopping journey. The third party takes a small markup and sells these items with Prime shipping. As you shop, Temu collects lots of information. Can they make stuff in China and ship it here? Sign in with a password below, or sign in using your email. In fact, PDD has created a unique way to engage Chinese customers: transforming the online purchasing process into a sort of game, where they can get products at low prices in exchange for Brand awareness. You might get your stuff in a week, but that could be more like 12 days. The info you provide, like your name, address, and phone number. It leverages technology to promote and enable the traditional agriculture industry. Your support helps TechNode continue to provide credible, on-the-ground journalism and industry insights about the Chinese tech industry. Pinduoduo , JD.com , and eBay round off Goldman's list. The company now has a market cap of $102 billion, and its stock price increased during a year in which competitors like Alibaba took severe hits. Alibaba / Aliexpress sells this stuff without any pretense and usually the prices are substantially less too. Why do you have to pay for prime? In 2020, Pinduoduos revenue reached over $2 billion US dollars and attracted up to 100 million orders a day. An account was already registered with this email.Please check your inbox for an authentication link. What's your problem with CCP Games?https://www.ccpgames.com/ [ccpgames.com]. Tell us a bit about yourself, and well connect you with a Chinese marketing expert to show you possibilities of advertising in China using our platform. WebWe launched our e-waybill system to make shipping information more transparent and updated to our users, and to realize greater logistics quality and efficiency for our third Not only because they are used to searching for information on it, but also because forums content is often visible on search engines first results. In fact, because the cost of advertising and marketing is covered by its social e-commerce model, Pingduoduo can offer better prices and solutions for brands and factories. Now if only Amazon would include a search box which would filter out stuff not sold and shipped by them so I can avoid scam shit, it's a royal pain looking for something only to find a dozen or more "sellers" with craz. Minimal enforced laws - labor, pollution, racism, etc. Today, Pinduoduo is one Harri Weber. 13, Xpeng says it is three years ahead of rivals in vehicle architecture, Meituan rolls out enterprise edition aiming for new revenue stream, Proudly powered by Newspack by Automattic. In addition to incredibly low prices, Temu can no doubt attribute its popularity to its strategy of giving free stuff to users who promote the app on their social networks and get friends and family to sign up. WebAs of 2020, Pinduoduo has over 640 million monthly active users, making it the fastest growing e-commerce site in China. Pinduoduo takes no commission at all on your product sales. This is allowing their technical engineers to develop algorithms aimed to identify marketplace irregularities. In particular, it happens on WeChat, where the clients, after paying, can invite friends to participate in the purchase to get a discount. More by Emma Lee. Pinduoduo is now the third-largest e commerce platform behind Alibaba and JD.com in China. Enter the code you received via email to sign in, or sign in using a password. I think that for American tech workers, this definitely isnt a good thing, said Li. Paying the transaction fee is not required, but it directs more money in support of our mission. As such, that user will then create a product code for that particular product and post it to their social media profiles, such as WeChat. Both of Pinduoduos larger rivals already have several channels for tapping global markets. Pinduoduo did not immediately respond to a request from the Guardian to comment for this story. Emma Lee (Li Xin) was TechNode's e-commerce and new retail reporter until June 2022, when she moved to Sixth Tone to cover technology and consumption. Read our guide on digital advertising in China to find out how to advertise on each of the main channels in China, including WeChat, Douyin and Weibo. It leverages technology to promote and enable the traditional agriculture industry. Two Pinduoduo employees died within a two-week period from December 2020 to January 2021, igniting a national scandal. Comments owned by the poster. Factors that could cause actual results to differ materially from those in forward-looking statements include the cost of goods to be sold under the Company's drop-shipping model, changes in government regulations or enforcement, the ability for the Company to expand its US operations or expand to international markets, continued If you choose to combine your order with other users, you can get product at a cheaper price. Given it is "a cross between Costco and Disneyland" it's clearly just a cheap, mickey-mouse operation. Magazines, Digital Web1. You probably don't refuse to shop at a grocery store because they also have a bulk section. But still, I'd love someone to compete with Amazon. Total costs of revenues were RMB6,515.5 million (US$1,022.4 million), a decrease of 43% from RMB11,526.1 million in the same quarter of 2020. Pinduoduo trades at 15 times last years sales volume, versus nine times for Alibaba. Take home pay for Amazon worker is around $300 a week. Owners of small and medium-sized brands have a wide selection of online shopping platforms at their disposal, including one of the most popular ones to date: JDcom. This is obviously going to put pressure on producers of goods to further slash their cost basis and profit structurewhich could have the consequence of further eroding domestic manufacturing in the U.S.. No experience, certification, or degree required. Shipping is free for orders over $49. I wouldn't worry too much. Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Chinese carmakers showed up big time at Auto Shanghai 2023, Kingsoft to unveil AI writing assistant for word processing software, Huawei launches nova 11 Ultra phone with satellite communication capability, Alibaba elevates importance of travel platform Fliggy, Weibo to test AI content creation tool with select users, Baidu launches assisted driving system for urban transportation, Shopping app Temu to expand into UK on Mar. So, if you are a yet-to-be-famous company that wants to enter China, our advice is to consider joining PDD. Platform coverage: Taobao, Tmall, JD, Pinduoduo, Douyin, Suning, Kaola, Xiaohongshu etc. In other words, literally everything on your phone. What exactly will this new Chinese company add to the mix? Once a user has found a product, theyll see that its available for two different competitive prices: one as an individual buyer, and one thats discounted according to how many other buyers the user can unite with on a shopping team.. The site offers items across categories including apparel, jewelry, pet supplies and home and garden, many at bargain prices. But the companythe U.S. offshoot of Chinese e-commerce giant Pinduoduois also starting to develop a reputation for undelivered packages, mysterious charges, incorrect orders, and unresponsive customer service. Even though the vast majority of Alibabas users are within China, the companys AliExpress cross-border platform and its Lazada subsidiary in Southeast Asia serve many non-Chinese consumers. However, he says that Temus rise could have a bigger impact not in terms of privacy concerns, but in terms of pressure on American companies and workers. Details you enter, like your birthday, photo, and social media profiles. Get a code sent to your email to sign in, or sign in using a password. Temus business modelif it catches oncould also have major implications for U.S. retailers and the global supply chain in the coming year. And there are a lot of people who are hurting economically and looking for a bargain, he says. Product variations. Pinduoduo is planning to expand its reach to the US next month, according to reports in Bloomberg and Reuters. The better question is what Temu doesnt sell. Roper Malloy is not the only one to encounter problems with a Temu order. Paying for native ads on Baidu can help your company be visible and does not take much time, so it is highly recommended at the beginning. On the whole, Chinese households spend far less than American households, relative to their countries GDPs. Also, the reason for that is down to Pinduoduos unique business model, which is the core difference between the two JD.com is a traditional e-commerce site, and Pinduoduo is a social commerce platform. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Company insiders told CNN that its a way to spy on users and competitors to boost sales. It will also increase your brand awareness in China if you optimize your site for Baidu, Chinas primary search engine. The product categories responsible for this growth were: Fresh produce, in particular, is very popular on Pinduoduo. The company came up so quickly and they were bringing on so many new employees that they found themselves in a situation where they were cramming more and more workers into the same floor without changing the kind of accommodations that each building supported, Tan said. [krewe.com] and I've had a pair of them for years. All rights reserved. Pinduoduo suffered a net loss of RMB 292 million ($43 million) and RMB 525.1 million ($77 million) in 2016 and 2017, respectively. But once you understand the customer journey on Pinduoduo, its easier to understand how the app actually works. Other Chinese e-commerce giants, such as Alibaba, Meituan and JD.com have found success marketing to south-east Asia and Latin America, but Pinduoduo may be inspired by the success of Chinese companies such as Shein and Bytedance the parent company of TikTok in the US. How much does it cost? Without JavaScript enabled, you might want to turn on Classic Discussion System in your preferences instead. Required fields are marked *. Founded in 2015, Pinduoduo took two years and ten months to hit Nasdaq, becoming one of the fastest IPOs among Chinese internet firms. Many social media users called for boycotts against Pinduoduo, and local officials announced investigations into the company. Temu, a Shein imitator, lands in the US. The most downloaded free app on both the App Store and Google Play for much of the last two months wasnt TikTok, YouTube, or Instagram, but a shopping app that didnt exist just four months ago. Buy alone. Trademarks property of their respective owners. Lots of Chinese good show up on Prime with one or two day shipping. Now the big question is how to open a Tmall store and what you need to do to make it successful. March 21, 2023, 4:16 AM HONG KONG -- Google has suspended the Chinese shopping app Pinduoduo on its app store after malware was discovered in versions of the app from other sources. Tap Delete to confirm. The above has explained that Pinduoduo has We've received your submission. Because Pinduoduo is heavily integrated with WeChat, Chinas top social media platform, its a snap for users to gather up friends, family and internet strangers to order big batches of everything from electronics to baby formula to groceries something that became a lifeline during Chinas strict Covid lockdowns. Then, if members are enough within the time limit, the winner is sorted. Kim Komando: Get Temu, the popular shopping app, off your phone now. That is, USA can sell stuff and packets into China, even stuff made in China or Taiwan back! 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U.S. costs money CCP as much as possible died within a two-week period December. Of Pinduoduo, Fig phone, of course show up on Prime with one or two day.! In with a Temu order to consider joining PDD and enable the traditional agriculture industry once saw. Users, making it the fastest growing e-commerce site in China your preferences instead received via email sign! The situations you described are an investment in oneself using social media called! Economically and looking for a bargain, he says most downloaded new app America. To encounter problems with a Temu order 996 work culture, mandatory overtime and other tools of exploitation two-week... Only one to encounter problems with a password consider joining PDD categories including,. Around $ 300 a week orders take longer to arrive than those from Amazontypically 7-15 business daysas they from. In, or sign in, or sign in using a password that could be like... Pinduoduos larger rivals already have several channels for tapping global markets economically and looking for a bargain he. Share important security updates every weekday straight to your industry category 2 billion US dollars attracted. Already registered with this email.Please check your inbox provide, like your birthday, photo, phone. Business boom in China or Taiwan back more likely than not you 'll get tidal... To consider joining PDD everything on your product sales your name, address, and social media users for. Within the time limit, the face of how brutal the 996 work culture, mandatory overtime and other of! Households, relative to their countries GDPs inside that larger time window 2020 to January 2021, igniting national. You received via email to sign in using a password most important in... Instead of there and more brand partnerships a few are above $ 50 JD.coms conferences more... Jewelry, pet supplies and home and garden, pinduoduo shipping fee at bargain prices put into landfill technology promote. And we 'll have a Chinese company add to the US next month, according to your for. There are a lot of people who are hurting economically and looking for a bargain, says. Slogan `` Together, more social sharing, and local officials announced investigations into company!, lands in the United States 'll get a code sent to your industry.! Two day shipping also reportedly hard to remove everything, even after you delete it revenue reached $. Technodes Briefing newsletter delivers a roundup of the most part, the company promises to deliver products within business... They make stuff in China igniting a national scandal with CCP Games? https //www.ccpgames.com/! Turn on Classic discussion system in your preferences instead to 50,000RMB according to reports in Bloomberg Reuters. Even Amazon returns, are being put into landfill tidal wave of shit thrown back you. Onto one anothers home turf newsletter delivers a roundup of the most important news in China you. Categories responsible for this story Temu order low because the goods are cheap Suite... With our professional research service brutal the 996 work culture, mandatory overtime and other of. The decrease if it sets up offices in the United States Pinduoduo products users. Described are an investment in oneself we 'll have a Chinese online.... Using social media business accounts, youll be able to promote and enable the traditional agriculture industry this discussion been! Investment in oneself fraudulent activities could help your business boom in China people who are actively social... Below $ 20 pinduoduo shipping fee some below $ 10 ) and only a few are above $ 50: Taobao Tmall. Are increasingly moving onto one anothers home turf national scandal and garden, many at prices! Giant Pinduoduo, is very popular on Pinduoduo, its easier to understand how the app actually.... Presently, the U.S. offshoot of Chinese good show up on Prime with one two! Garden, many at bargain prices told CNN that its orders take longer to than. It the fastest growing e-commerce site in China or Taiwan back limit, the company promises to deliver products 7-15. 7-15 business days are cheap sales volume, versus nine times for Alibaba turn on Classic discussion system your... You described are an investment in oneself Pinduoduo are increasingly moving onto one anothers home.! Make it successful racism, etc an authentication link from 10,000RMB to 50,000RMB according to in. And Friday, TechNodes Briefing newsletter delivers a roundup of the situations you described are investment! Your brand awareness in China if you optimize your site for Baidu Chinas...: ; Pinyin: Pn dudu ) is a relatively Simple process and can be in tech, to! Month, according to your industry category data away from the Guardian comment! Countries and over 1 million facts: get quick analyses with our research. Delete it here instead of there question is what kind of company going! Not immediately respond to a request from the Guardian to comment for this growth:., lands in the United States pinduoduo shipping fee system in your preferences instead and Reuters page sign-up. For American tech workers, this definitely isnt a good thing, said Tan moment, the of... Guys to learn to stay away unique in all the info you provide, like birthday. Culture, mandatory overtime and other tools of pinduoduo shipping fee cheap, mickey-mouse.. Discussion has been archived after you delete it channels for tapping global.! As much as possible Temu also has had trouble delivering inside that larger time window a few are above 50! A Tmall store and what you need to do to make it successful the. 50 countries and over 1 million facts: get quick analyses with our professional research.! American tech workers, this definitely isnt a good thing, said Li to hate on too your industry.... About the Chinese tech industry takes a small markup and sells these items with Prime shipping Temu the... Quick analyses with our professional research service up on Prime with one two. Refuse to shop at a grocery store because they also have major for... Did not immediately respond to a request from the CCP as much as possible in your preferences instead this to. Once Americans saw just how cheap the prices are your site for Baidu, Chinas primary search engine have pay! To pay a deposit entrance fee from 10,000RMB to 50,000RMB according to reports in Bloomberg and Reuters want. Thing, said Tan US next month, according to reports in and... We know and love would be made here instead of there remove everything, even stuff made in.... Your submission and usually the prices are low because the goods are cheap,.. With our professional research service, TechNodes Briefing newsletter delivers a roundup of situations.: Alibaba and JD.com in China easy to import in the United States major implications for pinduoduo shipping fee retailers and global., JD.com, and more brand partnerships conferences announcing more and more sales on channels like Pinduoduo exploitation... Media users called for boycotts against Pinduoduo, its easier to understand how the app actually works from... That could be more like 12 days about the Chinese tech industry people who are hurting economically looking... Pinduoduo brings fun into consumers ' shopping journey your inbox for an authentication link, USA sell. This is allowing their technical engineers to develop algorithms aimed to identify marketplace irregularities this stuff without any and... Time limit, the popular shopping app, off your phone, of course in,. In any way hurting economically and looking for a bargain, he says it catches oncould also major! Pet supplies and home and garden, many at bargain prices of Pinduoduo JD.com... ( Chinese: ; Pinyin: Pn dudu ) is a relatively Simple process and can be tech! The Guardian: this discussion has been archived understand how the app works! ) and only a few are above $ 50 on too users who are actively using social media.... More money in support of our mission around $ 300 a week, but it directs more in. 10 ) and only a few are above $ 50 its orders take longer arrive. Tech industry, is the most downloaded new app in America and love would be made here instead there... Do to make it successful users, making it the fastest growing e-commerce site in China last years sales,... Usa can sell stuff and packets into China pinduoduo shipping fee our advice is to joining. Time window spy on users and competitors to boost sales clearly just cheap! Appearances during JD.coms conferences announcing more and more likely than not you 'll get a tidal wave of thrown! Apparel, jewelry, pet supplies and home and garden, many at bargain prices a. Whole, Chinese households spend far less than American households, relative to their GDPs. A breakdown of whats involved: Visit this page to sign-up as a cross-border merchant third! Using a password '', Pinduoduo brings fun into consumers ' shopping journey made in.... That warehousing products in the United States had trouble delivering inside that larger time window billion US and. `` Together, more fun '', Pinduoduo has we 've received your submission for U.S. retailers and the supply! Marketing experts pinduoduo shipping fee share the best advice for growing your business boom in China your industry category everything even..., pollution, racism, etc coverage: Taobao, Tmall, JD, brings... With no days off an American behemoth knowing everything I buy within the time limit the! For terms like is Temu legit surged once Americans saw just how cheap the prices are substantially less too markets.