ScienceTechNodeabout 3 hours ago
Pinduoduo advances first-party brand strategy with manufacturers
1 min read
Pinduoduo's co-CEO Zhao Jiazhen said the first-party brand business will take longer than expected to launch. The company plans to co-develop products with manufacturers, covering product definition, R&D, quality standards, and market testing. First-party goods will coexist with third-party merchant offerings.
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