[EDMW discussion] Shopping using Pinduoduo 拼多多 (PDD)

blue666

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data data data

the information they collected are worth much more in other areas
 

Capitalist

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why fret over the unknown and/or inevitable?

just enjoy the pricing & free shopping while we can.
 

CI

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Its bcos lazada failed to gain a majority share of the local mkt, so they LLST

THEY cannot monopolize

So easy to monopolize? They can tahan until wipe out all online competition? The moment they up prices, other competitors will come in. Sinkies are fickle. Where gives best deal go there.
 

Visor9999

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Doesn’t matter, buy more now then resell on other platforms for a good profit
 

mooseolly

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Good mah, make all the retails toh then enbloc and build more BTOs. Next time everyone just order online no need come out.
 

Visor9999

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They can dump all they want. Wouldn't affect us as we don't manufacture those items locally.

good for sinkies consumers to enjoy cheap prices, even better if it leads to deflation. Pdd should also open petrol kiosk in sg
 

matrix05

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PDD demonstrate that you don need seekar for CN to invest in SG. No need reserve 88 professions. Say no to 不平等条约 。
 

boredom2012

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Do you know what ah tiong say about pdd? They say pdd deal is rubbish. They will just scam you. Their coupon you will never redeem one
 

mooseolly

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Tomorrow pdd will release their earnings. Their revenue will explode at the expense of baba. As for margins we will see.
 

testerjp

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Not totally true.

They subsidize now but they are setting up the infrastructure.

Eventually they will have the economies of scale so they will still retain certain pricing power and negotiation power with collaborators.

They earn from sellers or other collaborators behind the scene to fund the ops. They can stay afloat from fees, charges and others.

It's not a simple buy sell business. Technically this is reducing one more layer, it's China to Singapore direct. So pdd and taobao will each have a clear advantage. :o
 

Skoda29

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They can dump all they want. Wouldn't affect us as we don't manufacture those items locally.
Only the local Sg seller buy in bulk from china feel the pinch when Chinese sellers are selling cheaper.
 
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