Consumer Staples Sep 16, 2020 11:41 AM (GMT+8) · EqualOcean
According to Chen Qiu, vice president of Pinduoduo, related products from 21 countries in Latin America are currently sold on Pinduoduo's platform, and overall sales have increased by 310% year-on-year. There are more than 900 SKUs with orders exceeding 10,000 in Latin America, and 160 SKUs with orders exceeding 100,000. The year-on-year growth rate has remained above 150%. Among them, snacks and nuts have the fastest growth rate, and the order of primary agricultural products is the largest.
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