Tag: Emerging

11
Oct
2020
Posted in internet

An Emerging Internet Giant in China

Pinduoduo Inc. (NASDAQ: PDD) is turning out to be the second most successful e-commerce channel in China. Through its advanced and integrated business model, it has outperformed many of its competitors in a noisy and over-crowded industry. In terms of number of orders and consumers, Pinduoduo is the second largest internet giant in China, according to a detailed analysis by Turner Novak.

Pinduoduo was founded initially back in 2015 as Pinhaohuo (PHH). The initial business model of PHH was buying fruits in bulk from farmers and selling them directly to the consumers using online channel. Pinhaohuo, since a newly established entity did not have its own website or application, used the group chats platform of Tencent’s popular Wechat – often referred to as the Facebook of China. Since a huge chunk of people were using it, it proved a jump-off point for Pinhaohuo’s growth.

06photo/Shutterstock.com

Initially, it got fame and the orders started rolling in. In a few months, it was China’s #01 free app, receiving 100k orders daily and 10 million registered users. Due to the increasing number of orders and deliveries, PHH joined hands with SF traders for delivery. In 2016, PHH merged with Pinduoduo (PDD) which was game-like ecommerce platform. This merger proved an inaugurating point for the new entity as it doubled the number of its users. PDD already had 70 million active users and took 0.6% of all the sales. Majority of the revenue came about the in-app ads for PDD.

Pinduoduo has brought revolution in the market place through its customer-centered business model. The sales strategy is simple: buy everyday products and receive discount up to 90%, invite friends and family. Another strategy of their success is the team buying. Their goal is to make every purchase a team purchase. They charge an upfront

29
Sep
2020
Posted in programming

Telecom Application Programming Interface (API) Platform Market Emerging Trends, Revenue Estimation, Global Size and Forecast Report to 2025

The MarketWatch News Department was not involved in the creation of this content.

Sep 29, 2020 (Heraldkeepers) —
The global telecom API platform market is expected to exceed more than US$ 490 bn by 2024 at a CAGR of 23.5% between 2018 and 2024.

The telecom API platform market is segmented on the lines of its telecom operator and module. Under telecom operator segmentation it covers T1 players, T2 players and T3 players. The telecom API platform market is segmented on the lines of its module like set-up, monetization and pricing model, operator share and vendor share. The telecom API platform market is geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

Browse Full Report here: https://www.marketresearchengine.com/reportdetails/global-telecom-api-platform-market

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include S.A., Aepona Ltd., Apigee Corp., Huawei Technologies Co. Ltd., Oracle Corp., Hewlett-Packard Development Co., LM Ericsson, Tropo, Inc., Axway Software S.A., and ZTE Soft Technology Co., Ltd.. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

API that is application programming interface is a key element in a many business foundation which presents revenue creation services through association with outdoor partners. API acts as middleware software which forms interface among resources and applications in the device. It presents expertise with services and tools for the reason of API design, management and reporting for the best functioning of API programs to increase business revenue. It plays fundamental role for