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It is reported that pinduoduo launched the cross-border e-commerce platform in September, the first stop in the United States.

2025-04-07 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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Shulou(Shulou.com)11/24 Report--

Thank you, Mr. Air, a netizen of CTOnews.com, for your clue delivery! CTOnews.com, August 17, according to information obtained by LatePost later, pinduoduo is preparing a cross-border e-commerce platform, and the app is expected to be launched in mid-September, with the first stop in the United States. The model will follow the example of SheIn, China's largest independent cross-border e-commerce station, and is attracting investment in all categories. After the news, pinduoduo's US stock rose more than 3 per cent before trading.

A number of first-level supervisors of Buy more have been transferred to the project, the report said. The sellers of pinduoduo's cross-border e-commerce only need to ship the goods to the domestic warehouse designated by pinduoduo, and then the official price will be set by pinduoduo.

CTOnews.com learned that on August 5, Sina Science and Technology also obtained information from multiple sources that pinduoduo was secretly preparing a new project to go to sea. According to a person close to Pinduoduo, pinduoduo has set up a special sea project team for this purpose, and it is not clear to whom the project will be reported to, but before that, pinduoduo CEO Chen Lei has unveiled the sea business.

Chinese cross-border e-commerce giant SheIn installed more mobile devices in the United States than Amazon in the second quarter of 2022, according to Sensor Tower. SheIn downloaded about 6.8m times, up 13 per cent from a month earlier, while Amazon downloaded 6.3 million times, down 7 per cent. Pinduoduo's entry into the game may usher in a new round of fighting.

In addition, domestic policies also actively encourage the development of cross-border e-commerce. In June this year, Li Xingqian, director of the Foreign Trade Department of the Ministry of Commerce, said that he would focus on the pain points of the industry and solve the common problems in the development of cross-border e-commerce. We will start with improving the support policy, introduce policies and measures to facilitate the export return and exchange of goods for cross-border e-commerce as soon as possible, support qualified cross-border e-commerce enterprises to apply for high-tech enterprises, optimize the tax rebate process for cross-border e-commerce export overseas warehouses, and study and formulate guidelines for the protection of intellectual property rights of cross-border e-commerce.

Zhou Yu, head of the International Department of the Central Bank of China, also said that at present, the people's Bank of China is improving the policy of cross-border RMB business involving new business type, such as cross-border e-commerce, so as to promote the development of foreign trade new business type.

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