154: Chapter 154 Surpassing Taobao is only a matter of time

The day after Pinduoduo announced its 618 Shopping Festival results.

Langchao Group, the Pinduoduo floor.

This entire floor was the office area for the Pinduoduo business group, and the decor style was completely different from Douyin upstairs.

Over at Douyin, there were green plants and beanbag chairs everywhere, creative posters plastered on the walls, and even the meeting rooms were named after viral internet landmarks.

This side, however, was minimalist to the extreme.

White walls, gray floors, workstations separated by low partitions, and aisles wide enough for three people to walk side-by-side.

It was currently morning, not long after Pinduoduo's official blog had posted that battle report of 220 billion yesterday.

The entire floor was filled with an irrepressible excitement.

A few young employees gathered at the entrance of the pantry, holding their coffee cups for a long time, forgetting to drink.

"I didn't expect the bonus this time to be so large, and Qin Mo announced it personally."

Another person nearby chimed in.

"After all, Pinduoduo's results this time were just too exaggerated; in less than a month, it surpassed Taobao's sales volume."

"Once I get my bonus, I'm definitely going to use my annual leave to go on a trip."

"Our company's benefits were already better than others, there's no mandatory overtime, and the boss is so generous. I could keep working here forever!"

The group laughed and dispersed, each returning to their own workstations.

But that sense of excitement just wouldn't fade away.

At this moment.

In the largest office on this floor.

Qin Mo and Zhao Lei were sitting on the large sofa in front of Lin Xiao.

Lin Xiao's office was also simply furnished: three monitors lined up on the desk, and a few pothos plants placed on top of the filing cabinet nearby. The pothos grew quite freely, their vines trailing all the way to the floor.

The door was still transparent, and people outside could see what was being discussed inside, though that was just standard for Pinduoduo employees.

The atmosphere in this room was also quite lively.

Zhao Lei sat on the sofa, holding a cup of free employee-benefit milk tea, praising them endlessly.

"Boss, this time you've basically stripped Taobao down to its underwear."

"I never imagined that Pinduoduo's potential would be this crazy, reaching over 200 billion in sales volume just like that."

Lin Xiao rarely pushed his keyboard forward and adjusted his glasses.

"Never mind 220 billion."

"It took Taobao so many years to reach 180 billion in sales."

"Although we used the Multi-billion Subsidy this time, combined with the 618 Shopping Festival and Livestream E-commerce as a one-two punch, surpassing Taobao is the result of multiple stacked factors."

"But regardless, no one had ever imagined that we could achieve this sales volume within a month."

Qin Mo leaned back in his chair, his expression unchanged.

In his view.

This result was almost destined from the start.

"Once Pinhaohuo successfully accumulated those million core users, Pinduoduo surpassing Taobao was only a matter of time. Once the foundation of social fission was firmly established, all subsequent actions could be rolled out layer by layer on top of it."

He paused.

"It's just that..."

"I didn't expect it to be 220 billion at the time; I originally estimated it would be around 200 billion. Pinduoduo really didn't let me down."

Listening to Qin Mo, the others laughed.

Lin Xiao glanced at the data report in front of him and spoke again.

"After today, I'm afraid other e-commerce platforms will have no choice but to join in on the Multi-billion Subsidy."

"We officially announced that the Multi-billion Subsidy will exist permanently. The major platforms can't just keep watching from the sidelines; they have to jump into this pit."

"And then there's Livestream E-commerce. We've validated the model, so they will definitely follow suit. Plus, with the launch of Pinxixi Flash Buy, the major e-commerce platforms will have plenty to keep them busy in the coming period."

Qin Mo nodded.

This situation was completely predictable.

If other e-commerce platforms didn't launch a Multi-billion Subsidy, their market share would only be slowly eaten away by the others.

"If they want to follow, let them follow."

"Whether it's the Multi-billion Subsidy or Livestream E-commerce, there's no possibility for other platforms to catch up to Pinduoduo."

Qin Mo was very confident about this point.

Pinduoduo received the highest discounts for the Multi-billion Subsidy. When other e-commerce platforms contacted the major manufacturers, they would find that the best they could get was the same discount as Pinduoduo, never lower; this was a contract Pinduoduo had signed with these manufacturers beforehand.

Not to mention Livestream E-commerce; even if they entered the game, no other e-commerce platform's livestreaming could have the influence of Pinduoduo's.

Meanwhile.

Lin Xiao adjusted his glasses and continued.

"In our model estimates, with the long-term retention of the Multi-billion Subsidy and the growth of the delivery business, Pinduoduo's number of active users will soon exceed 500 million. It shouldn't take too long, ten days at most."

You have to know.

From the time Pinduoduo launched until now, that initial Slash red envelope campaign still existed, and it was still continuously driving social fission and user acquisition.

Previously.

Although the 618 Shopping Festival attracted many users who only wanted to buy game items or snatch up Multi-billion Subsidy deals, resulting in 500 million users placing orders that day, before the 618 Shopping Festival, Pinduoduo's daily active users were already nearly 300 million.

Now that the Multi-billion Subsidy was permanently retained and the delivery business had launched, the single-day order volume for Pinxixi Flash Buy had even surpassed Meituan Delivery itself in the last two days!

Over at Meituan, they had provided enough promotion for Pinxixi Flash Buy on their own delivery portal. New user freebies combined with low-price discounts had caused users who were originally accustomed to using Meituan Delivery to switch to Pinduoduo in droves.

With all these factors combined.

Pinduoduo's user growth rate in the coming period would only get faster.

The ten-day timeline Lin Xiao mentioned was not an exaggeration.

Hearing this, Zhao Lei put his milk tea down on the coffee table.

"Taobao probably can't come up with any more tactics now, right?"

"Pinduoduo's market share completely surpassing Taobao is truly just a matter of time."

Although the single-day sales volume for the 618 Shopping Festival had already surpassed Taobao, in terms of overall market share, there was still a gap between Pinduoduo and Taobao regarding category coverage and merchant scale.

However, everyone present had basically confirmed one thing after the 618 Shopping Festival.

Closing this gap was just a matter of time.

Lin Xiao even made a joke in a matter-of-fact tone.

"Of course it won't take long."

But looking at the two who seemed quite relaxed, Qin Mo did not speak.

The smile on his face faded slightly, and he stood up from his chair.

Then he walked slowly to the floor-to-ceiling window and looked outside.

In that direction, not far away, there was another office building. Langchao Group had already bought several entire floors in it, and Qin Mo had specifically assembled several project teams to conduct research and development work on different software inside.

These teams had an extremely high security clearance; even Zhao Lei and Lin Xiao didn't know exactly what they were researching.

They only knew that there seemed to be a chat app and a mobile game.

And anything being pre-researched by these teams, if taken out, would be a national-level software.

These projects had started several months ago.

But Qin Mo had never brought them up for discussion in high-level meetings.

He withdrew his gaze from the direction of that building and murmured to himself.

"I hope so."

"Under normal circumstances, Pinduoduo's market share surpassing Taobao is indeed just a matter of time."

"But Ma Kun definitely won't just sit around and wait for death. Let's see what else he can do."