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Pinduoduo
Acquired
Is Pindodoo a Good Idea?
Pindodo is a market place with a low take rate, forget sleek. They can slash their take rates too. Who's going to trust pindododa? He kno, like you were saying earlier, ben,. Like, theyre some upstart. You know what? He can buy an eye phone on this thing. And beto also, like, i'm not going to attract any retailers just by having a low take rate. So are you telling me then that they needed to find a novel way to attract a bunch of buy that might be a way to enter the market? It turns out there's a thing called two sided network effects where like, you have a...
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