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Pinduoduo
Acquired
P T d'S Take Rate Is Incredibly Low, and It's a Good Idea
The price per item on pindo duo is like bucks or something, the average transaction size. And so they have a revenue. What? What is the business model of this company? Ah, that's a good question. Hard to build a big business even with lots of v if you're only making money on the zero point six per cent take rate....
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