{"id":7520,"date":"2018-08-15T17:29:09","date_gmt":"2018-08-15T17:29:09","guid":{"rendered":"http:\/\/onthe8spot.com\/?p=7520"},"modified":"2018-08-15T17:29:09","modified_gmt":"2018-08-15T17:29:09","slug":"how-pinduoduo-became-a-23-billion-company-in-less-than-4-years-according-to-an-early-investor-insider","status":"publish","type":"post","link":"http:\/\/onthe8spot.com\/index.php\/2018\/08\/15\/how-pinduoduo-became-a-23-billion-company-in-less-than-4-years-according-to-an-early-investor-insider\/","title":{"rendered":"How Pinduoduo became a $23 billion company in less than 4 years, according to an early investor &#8211; INSIDER"},"content":{"rendered":"<blockquote><p>&#8220;When dominant players are so entrenched, they&#8217;re not usually in a good position to innovate,&#8221; he added. &#8220;At that point, they&#8217;re in a position of defense. That&#8217;s when it&#8217;s time to find a company that can attack a weak spot and find a new way of doing business.&#8221; Pinduoduo, Cao said, took a fresh approach to e-commerce that other industry players hadn&#8217;t employed so successfully. &#8220;Pinduoduo didn&#8217;t go after the market directly,&#8221; Cao said. &#8220;It found new rule of engagement. It showed that shopping could be more<\/p><\/blockquote>\n<p>Source: <em><a href=\"https:\/\/www.thisisinsider.com\/how-pinduoduo-grew-became-successful-according-to-investor-2018-8?utm_source=quora&amp;utm_medium=referral#with-dominant-players-like-alibaba-in-chinas-e-commerce-industry-now-is-an-ideal-time-for-disruption-5\">How Pinduoduo became a $23 billion company in less than 4 years, according to an early investor &#8211; INSIDER<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;When dominant players are so entrenched, they&#8217;re not usually in a good position to innovate,&#8221; he added. &#8220;At that point, they&#8217;re in a position of defense. That&#8217;s when it&#8217;s time to find a company that can attack a weak spot and find a new way of doing business.&#8221; Pinduoduo, Cao said, took a fresh approach &hellip; <\/p>\n<p class=\"link-more\"><a href=\"http:\/\/onthe8spot.com\/index.php\/2018\/08\/15\/how-pinduoduo-became-a-23-billion-company-in-less-than-4-years-according-to-an-early-investor-insider\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;How Pinduoduo became a $23 billion company in less than 4 years, according to an early investor &#8211; INSIDER&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[62],"tags":[],"class_list":["post-7520","post","type-post","status-publish","format-standard","hentry","category-personal-angol"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/posts\/7520","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/comments?post=7520"}],"version-history":[{"count":0,"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/posts\/7520\/revisions"}],"wp:attachment":[{"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/media?parent=7520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/categories?post=7520"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/tags?post=7520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}