With the US and China locked in a “Tech Cold War”, I try to stack up Chinese Tech titans against their Silicon Valley counterparts. TLDR Summary: They are far ahead in many markets, and more indicative of the future end-state. Pinduoduo vs No one One of Pinduoduo’s core features is basically serving as an “Uber for Farmers”. And PDD’s really my pick of-the-lot for Chinese Tech firms as they are in effect a next-generation commodity exchange. Agriculture is ripe for digitization in many developing countries and the PDD model could have far reaching consequences. As of now around 12 million farmers selling their produce through the Pinduoduo App. It’s worth noting that despite the company aggressively billing itself as an Agri-business company, it’s still only around 15% of their GMV with the rest of the value coming in from standard e-commerce fare.
China Tech vs. the World
China Tech vs. the World
China Tech vs. the World
With the US and China locked in a “Tech Cold War”, I try to stack up Chinese Tech titans against their Silicon Valley counterparts. TLDR Summary: They are far ahead in many markets, and more indicative of the future end-state. Pinduoduo vs No one One of Pinduoduo’s core features is basically serving as an “Uber for Farmers”. And PDD’s really my pick of-the-lot for Chinese Tech firms as they are in effect a next-generation commodity exchange. Agriculture is ripe for digitization in many developing countries and the PDD model could have far reaching consequences. As of now around 12 million farmers selling their produce through the Pinduoduo App. It’s worth noting that despite the company aggressively billing itself as an Agri-business company, it’s still only around 15% of their GMV with the rest of the value coming in from standard e-commerce fare.