1.In 2020, the number of products has been changing. According to what Huang Zheng, chairman of Pinduoduo, wrote in his letter to shareholders, the whole 202/KLOC-0 in Pinduoduo was affected by the epidemic, and the great changes in the external environment led to the iteration of Pinduoduo's internal business and management methods, and the business center also quietly changed, developing from a light asset platform to new businesses such as warehousing, logistics and agricultural materials, which was a major reform for Pinduoduo.
Second, the impact of Huang Zheng's resignation on Pinduoduo The impact of the resignation of Huang Zheng, the founder of Pinduoduo, on Pinduoduo is directly reflected in the stock price. Before the news came out, Pinduoduo's share price rose by 6%, and then fell by 4% after the news was made public. Many people are very interested in the future development direction of Pinduoduo and the influence of Huang Zheng's personal equity on the development of Pinduoduo. In a letter to shareholders, Huang Zheng stated that its super voting right of 1: 10 was invalid, and the shares under its personal name would continue to be locked for sale within three years. This decision laid a foundation for the future development of Pinduoduo. Even if Pinduoduo loses nearly 7.08 billion yuan in 2020, 202 1 will develop better, and the vision layout of C ost co+ Disney is the road paved by Huang Zheng.
Although Huang Zheng stepped down as chairman, he still made a good plan for the development of Pinduoduo, and actively participated in the research and development of life sciences and agricultural products after retirement, which opened up space for the development of Pinduoduo's platform. Instead of resigning as chairman, he went out to develop new business.