A year-on-year increase of 13%
Posted: Sun Dec 22, 2024 9:48 am
JD.com’s management recently stated in a conference call that it will firmly promote its low-price strategy this year; it will continue to invest energy and resources to provide users with a better experience in products, prices, and services, drive continued growth in GMV, and expand market share.
In general, GMV growth and grabbing market share are the main goals of major e-commerce platforms at present. To this end, they will also increase their investment, including investment on the consumer and merchant sides.
Chen Lei, chairman and co-CEO of Pinduoduo Group, mentioned country code philippines mobile in a conference call that since the beginning of this year, competition in the e-commerce industry has become increasingly fierce. The company will invest tens of billions of resources to support new and high-quality merchants, and will reduce or exempt 10 billion yuan in handling fees for high-quality merchants in the coming year; continue to improve the quality and efficiency of the supply chain, and improve ecological governance to cope with the increasingly fierce industry competition.
Chen Lei said that Pinduoduo's management has reached a consensus and is ready to sacrifice short-term profits for long-term investment. For Pinduoduo, such a statement is not common.
It can be foreseen that the fierce competition in the e-commerce industry will continue, and no one can stay at the table easily. Among them, delivery services achieved revenue of 23.021 billion yuan in the second quarter, mainly due to the increase in the number of transactions.
Commissions achieved revenue of 22.825 billion yuan in the second quarter, a year-on-year increase of 20.7%. Online marketing services achieved 12.36 billion yuan in the second quarter, a year-on-year increase of 19.9%. Other services and sales (including interest income) achieved revenue of 24.045 billion yuan in the second quarter, a year-on-year increase of 30.9%, mainly due to the increase in the number of active online marketing merchants.
In general, GMV growth and grabbing market share are the main goals of major e-commerce platforms at present. To this end, they will also increase their investment, including investment on the consumer and merchant sides.
Chen Lei, chairman and co-CEO of Pinduoduo Group, mentioned country code philippines mobile in a conference call that since the beginning of this year, competition in the e-commerce industry has become increasingly fierce. The company will invest tens of billions of resources to support new and high-quality merchants, and will reduce or exempt 10 billion yuan in handling fees for high-quality merchants in the coming year; continue to improve the quality and efficiency of the supply chain, and improve ecological governance to cope with the increasingly fierce industry competition.
Chen Lei said that Pinduoduo's management has reached a consensus and is ready to sacrifice short-term profits for long-term investment. For Pinduoduo, such a statement is not common.
It can be foreseen that the fierce competition in the e-commerce industry will continue, and no one can stay at the table easily. Among them, delivery services achieved revenue of 23.021 billion yuan in the second quarter, mainly due to the increase in the number of transactions.
Commissions achieved revenue of 22.825 billion yuan in the second quarter, a year-on-year increase of 20.7%. Online marketing services achieved 12.36 billion yuan in the second quarter, a year-on-year increase of 19.9%. Other services and sales (including interest income) achieved revenue of 24.045 billion yuan in the second quarter, a year-on-year increase of 30.9%, mainly due to the increase in the number of active online marketing merchants.