3min chapter

Acquired cover image

Pinduoduo

Acquired

CHAPTER

The Revenue Is a Fact and Profit Is an Opinion

J d towbou and n amazon, just to sort of understand the relationship between the two, the mega giant in china is ali baba. And their consumer commerce in china is a is teamal and tawbo. The g m v on those platforms are close to a trillion dollars. That's three xs amazons g m v. Now they're able to capture five per cent of that as revenue....

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