Pinduoduo named digital agriculture pioneer at 2020 World Digital Agriculture Conference
December 15 2020 - 8:00AM
Pinduoduo Inc. (NASDAQ: PDD), China’s largest agri-focused
technology platform, was named a pioneer in digital agriculture at
a major conference, with its “cloud agriculture” model recognized
as one of the top 10 achievements in digital agriculture in the
world.
The accolades were handed out at the 2020 World
Digital Agriculture Conference held in Guangzhou, China, on Dec.
12. The conference aims to demonstrate the integration of digital
technology and modern agriculture, and the organizing committee
selected several case studies to showcase how digital technology
empowers agriculture.
Pinduoduo has focused on agriculture since its
establishment in 2015 and has become the go-to destination for high
quality, great value agricultural products. In 2019, the
transaction volume of farm products reached RMB 136.4 billion
(US$20.8 billion) on Pinduoduo’s online marketplace.
As of the end of 2019, Pinduoduo has covered almost
all agricultural production areas in China, with more than 12
million agrarian producers directly connected to the marketplace
serving more than 700 million consumers.
Pinduoduo has brought a systems approach to
tackling the inter-related issues at various points of the
agricultural value chain, committing substantial resources and
investments to solve entrenched structural problems in the
industry.
The company’s initiatives include improving
downstream market access for farmers and training younger
e-commerce talent, revamping midstream logistics infrastructure to
reduce waste, lower costs and speed up the delivery of agricultural
products. Pinduoduo also works with industry partners and
universities to develop upstream technology to increase the
resilience of the food supply chain.
Earlier this year, Pinduoduo jointly organized the
Smart Agriculture Competition with the China Agricultural
University, under the technical guidance of the Food and
Agriculture Organization of the United Nations. The competition
sought to identify cost-efficient and scalable agricultural
technology that can be promoted as standardized solutions across
China. The final results are expected to be released on Dec. 16,
2020.
About Pinduoduo Inc.
Pinduoduo is an innovative and fast-growing
technology platform that provides buyers with value-for-money
merchandise and fun and interactive shopping experiences. The
Pinduoduo mobile platform offers a comprehensive selection of
attractively priced merchandise, featuring a dynamic social
shopping experience that leverages social networks effectively.
For more information on Pinduoduo news and industry
trends, please visit our content hub at
http://stories.pinduoduo-global.com/.
For media enquiries, please contact us at
internationalmedia@pinduoduo.com
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