Alibaba challenger Pinduoduo is bringing imported goods to rural homes

Pinduoduo, the latest challenger to Chinas ecommerce dominators Alibaba and, wants to bring affordable, imported items to shoppers in Chinas smaller cities and rural areas.
The three-year-old Tencent-backed ecommerce upstart is recruiting importers to set up shop on its marketplace, shows a message on its website. The business is known for offering cheap, sometimes counterfeit goods that initially appealed to users from the less prosperous parts of China but have gradually garnered more price-sensitive urbanites. Its rise is closely linked to Tencents popular WeChat messenger, which lets it toy with viral marketing schemes like group deals, a level of access thats unavailable to, say, Tencent rival Alibaba. Furthermore, the apps focus on direct sales between manufacturers and consumers helps to keep costs down.
Pinduoduos social group-buying model works so well that its rapidly closing in on its larger rivals. It claimed 232 million monthly active users by the end of September. That represents only a fraction of Alibabas 700 million user base but the newcomer is growing at over 200 percent year-over-year. Pinduoduo already eclipsed in terms of market penetration according to data analytics company Jiguang. Over the past year,Pinduoduo was installed on 27.4 percent of all mobile devices in China, placing it ahead of which stood at 23.9 percentand behind Alibabas Taobao at 52.5 percent.

Amazon is reportedly merging its China import unit with NetEase
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