Pinduoduo has a total of 138 patents globally, out of which 28 have been granted. Of these 138 patents, all the patents are active. China is where Pinduoduo has filed the maximum number of patents, it has generated an annual revenue of $14.74 billion in the year 2021. Parallelly, China seems to be the main focused R&D center of Pinduoduo.
Pinduoduo was founded in the year 2015 by Colin Huang. Company is the largest agriculture-focused technology platform in China. Through its interactive shopping experience, it has built a platform that connects farmers and wholesalers with consumers directly. As of May 2022, Pinduoduo has a market cap of $55.16 Billion.
“We believe technology is a force for good in agriculture,” said Chen Lei, Chairman and CEO of Pinduoduo.
Do read about some of the most popular patents of Pinduoduo which have been covered by us in this article and also you can find Pinduoduo patents information, the worldwide patent filing activity and its patent filing trend over the years, and many other stats over Pinduoduo patent portfolio.
How many patents does Pinduoduo have?
Pinduoduo has a total of 138 patents globally. These patents belong to 135 unique patent families. Out of 138 patents, all the patents are active.
How Many Patents did Pinduoduo File Every Year?
Are you wondering why there is a drop in patent filing for the last two years? It is because a patent application can take up to 18 months to get published. Certainly, it doesn’t suggest a decrease in the patent filing.
|Year of Patents Filing or Grant||Pinduoduo Applications Filed||Pinduoduo Patents Granted|
How many Pinduoduo patents are Alive/Dead?
How Many Patents did Pinduoduo File in Different Countries?
All the 138 patents of Pinduoduo are filed in China.
Where are Research Centres of Pinduoduo Patents Located?
Of the135 R&D Centres of Pinduoduo, all of them are located in China.
U.S.-listed Pinduoduo (PDD) is now the third-largest e-commerce player behind Alibaba and JD.com in China. It has pioneered a number of new concepts, such as social commerce and consumer-to-manufacturer communication.
Pinduoduo, like Alibaba’s Taobao and JD.com, is an e-commerce platform that sells anything from everyday foods to household appliances. Pinduoduo’s unique twist is the company’s “team purchasing” strategy, which integrates social components into the standard online shopping process. When a user buys something on Pinduoduo, they have the option of participating in group buying. The more people who participate, the lower the item’s price becomes.
E-commerce penetration in China is the highest in the world. However, e-commerce penetration for agricultural items is still small, and many Chinese farmers remain poor. PDD is ideally positioned to handle this, being China’s second-largest e-commerce site by several users. To automate and modernise the agriculture industry, PDD collaborated with farmers and local governments. Pinduoduo has been working on advanced algorithms and other technology to eliminate transshipment and enable point-to-point fulfilment, especially for low-margin and perishable agricultural products and foodstuffs.
EXCLUSIVE INSIGHTS COMING SOON!
What are Pinduoduo’s key innovation segments?