Taobao’s Special Edition Download Ranks First in the AppStore, Surpassing that of Pinduoduo
Taobao’s special edition downloads have surpassed JD.com and Pinduoduo, topping in the AppStore as of 4 pm on June 15. The main reason is that the app sets an ‘only CNY 1 for specified products’ entrance at 0:00 on June 16. Targeting in tier-3 to tier-5 cities, Taobao special edition has competed with Pinduoduo for a long time as both of them provide brandless products at a low price. Since its establishment, this application has attracted around 70% of Pinduoduo’s merchants to settle in, putting much pressure on Pinduoduo.