Zhao Jiazhen of Pinduoduo: Amidst Intensifying Competition in New E-commerce Formats, Commitment to Deepening the 'RMB 100 Billion Support' Strategy

2025-08-25 / Read about 0 minute

Author：小编

On August 25, Pinduoduo unveiled its second-quarter financial results, showcasing a total revenue of RMB 104 billion, marking a year-over-year growth of 7.14%. During a subsequent conference call, Co-CEO Zhao Jiazhen emphasized the heightened competition within the e-commerce industry, particularly surrounding innovative formats. Zhao underscored Pinduoduo's focus on long-term sustainability, revealing plans to further bolster the company's 'RMB 100 Billion Support' strategy. This initiative aims to refine merchant services, elevate user experiences, and catalyze industrial advancements.

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