What does it mean when Pinduoduo cancels orders?

Orders placed and payment completed on Pinduoduo will be notified and canceled by the merchant

Order cancellation means that after an order has been placed and payment completed on the Pinduoduo shopping website, Suddenly I received a text message or email from the merchant informing me that the order was canceled by the merchant. As long as the items have been shipped, there is no risk of order cancellation. Usually the website sells something cheap and happens to be photographed. Then the website cancels the sale and the order is cancelled. Since netizens prefer to purchase products during limited-time discounts, when orders are cancelled, it is usually 24 hours later, and by this time most limited-time discounts have ended.

Bargaining mechanism

First choose your favorite product and then invite friends to help you bargain with it.

The event time is only 24 hours, which means you must cut the price of this product to 0 yuan within 24 hours to be successful.

Secondly, you must provide the delivery address before the bargain expires. Otherwise, even if you succeed in bargaining and do not have an address, it will be considered as a failure in bargaining, and the merchant has the right not to ship to you.

Pinduoduo will review the order within 3 hours after the bargaining is completed. If any abnormalities are found, the merchant has the right not to ship the goods to you.

Pinduoduo stipulates that we can only bargain for three friends every day, and we can only bargain for the same price once. This limits the number of people and the number of times we can bargain, which greatly increases the profit. difficulty.

If the product you are bargaining for is a limited-edition product, that is to say, if you bargain, the price will be reduced immediately, even if the difference is only 0.1 yuan, but because the product is limited and out of stock, then these uncut orders will also be All failed.

Concept

Pinduoduo is the mainstream e-commerce application product of domestic mobile Internet. A third-party social e-commerce platform focusing on C2M group shopping, it was established in September 2015. By initiating group buying with friends, family, neighbors, etc., users can buy high-quality goods in groups at lower prices.

Pinduoduo aims to gather the power of more people, buy better things at lower prices, and experience more benefits and fun. The social concept formed through communication and sharing has formed Pinduoduo’s unique new social e-commerce thinking.

Main functions

Pinduoduo users can initiate group buying with friends, family, neighbors, etc. to buy the goods they need at a lower price.

Pinduoduo gathers the power of more people to buy better things at lower prices.

Revenue situation

As of June 30, 2021, Pinduoduo’s second quarter revenue was 23.05 billion yuan, a year-on-year increase of 89. Wall Street analysts previously predicted that Pinduoduo’s second-quarter revenue would be 26.74 billion yuan, a year-on-year increase of approximately 117%.