Pinduoduo founder calls for openness in e-commerce as battle with Alibaba and JD.com escalates

//Pinduoduo founder calls for openness in e-commerce as battle with Alibaba and JD.com escalates

Pinduoduo founder calls for openness in e-commerce as battle with Alibaba and JD.com escalates

The founder of group-buying platform Pinduoduo has called for more open competition for the benefit of merchants and consumers amid increasing rivalry in China’s e-commerce industry where merchants are often forced to choose sides.The current “forced exclusivity” in the e-commerce market, where merchants and customers are constrained to a certain platform or choice of payment method, will hurt the industry in the long term, Pinduoduo founder and chief executive Colin Huang Zheng said in his…

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By | 2019-04-25T10:34:01+00:00 April 25th, 2019|Technology|Comments Off on Pinduoduo founder calls for openness in e-commerce as battle with Alibaba and JD.com escalates