On November 16, at the China Jiangxi Nankang Furniture New Brand Planning Conference, Chen Qiu, vice president of Pinduoduo, said：

“In the next five years, Pinduoduo will determine the output through sales volume and help Nankang incubate 20 furniture brands with annual sales exceeding 1 billion, it will also focus on more than 50 furniture industry clusters across the country and assist in the creation of 10 online exprience stores like IKEA.”

According to statistics from the Furniture E-commerce Association of Nankang District, Ganzhou City, there are more than 2,000 companies added in Pinduoduo Platform Nankang Furniture Store with a turnover of over 10 billion yuan in 2019.

About Pinduoduo 

Pinduoduo is the mainstream e-commerce application product of China Mobile Internet. Founded in September 2015, it is a third-party social e-commerce platform that focuses on C2M group shopping. Users can buy high-quality products at lower prices through group shopping.

Source by JJgle.com