Zhong Shanshan Slams Pinduoduo's Low-Price Strategy: Who's Paying for E-commerce Price Wars?
Zhong Shanshan Slams Pinduoduo's Low-Price Strategy: Who's Paying for E-commerce Price Wars?Recently, Nongfu Spring chairman Zhong Shanshan, during an inspection trip to Ganzhou, Jiangxi province, sharply criticized the price wars prevalent in e-commerce platforms, particularly Pinduoduo's "hundreds of billions subsidy" strategy. He believes this low-price tactic is not only a case of "bad money driving out good," but also significantly harms Chinese brands and industries, reflecting deeper underlying issues in industrial development...
The Rise of Hebei E-commerce: How a Low-Price Strategy Revolutionized the Market
Videos circulating on social media platforms are filled with tales about the legendary success of Hebei-based e-commerce businesses. Some bloggers claim that these merchants engage in extreme price wars, sending out three truckloads of packages every dayone for orders, one for free gifts, and one for promotional activities...
Budget of around 1500 yuan: 4 phones are close to perfection, high-end and low-priced are worth recommending, and can be accessed with closed eyes
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