Shanghai government joins hands with Pinduoduo to start export-to-domestic activities

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Shanghai government joins hands with Pinduoduo to start export-to-domestic activities
On April 28, the Shanghai Municipal Government and e-commerce platforms such as Pinduoduo, iBailian, and more than 20 foreign trade representative companies jointly launched the “Going to the World to Buy Cloud City” activity.It is reported that this activity is aimed at stimulating new domestic consumer demand and helping multinational Shanghai foreign trade enterprises to expand the domestic demand market during the period when exports from overseas are blocked.Pinduoduo expects that more than 1,000 foreign trade companies will enter the platform area during the event.In addition, Pinduoduo also reached a cooperation agreement with Bailian Group on the same day. The agreement stipulates that Bailian Group will open online stores on the Pinduoduo platform and list branded products. Pinduo and Bailian Group will jointly compensate for the internal products of the flagship store.The key brands, commodities, Pinduoduo will provide 10% -20% additional subsidy support.Bailian Group is a large-scale business circulation group affiliated to the Shanghai State-owned Assets Supervision and Administration Commission. It directly and indirectly controls Bailian shares, Wumao shares, No. 1 Pharmaceutical and Lianhua supermarket. It has more than 4,000 business outlets in more than 20 provinces across the countrycity.Pinduoduo said that at present, three Bailian Group online stores including Pinduoduo Bailian’s flagship store have been launched.It is understood that in Shanghai’s “May 5th Shopping Festival”, Pinduoduo will spend at least 2.5 billion in cash and subsidies, together with 10,000 Shanghai brands and enterprises, to provide consumers with affordable goods through various forms such as cash recharge vouchers.Sauna, Night Net Editor Lu Caifu Yue Caizhou proofreading Li Ming