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According to Teacher Xue, what does Pinduoduo Netease Cloud rely on to make money?

There is at least one person in a team. The profit of Pinduoduo Netease Cloud includes the profit earned by the product itself and the traffic advertising fee. Pinduoduo is a social e-commerce platform, which earns profits by retailing low-end and cheap products.

Based on socialization, a large amount of traffic is attracted through socialization, and traffic is money that can be used to advertise traffic. Advertising can be regarded as a profitable project, and then angel investment can absorb a lot of money to achieve profits.

Pinduoduo is the mainstream e-commerce application product of domestic mobile Internet. In 2121, the third-party social e-commerce platform focusing on C2M group shopping, with a turnover of 2.44 trillion yuan, was established in September 2115. By initiating group shopping with friends, family and neighbors, users can buy high-quality goods at a lower price.

Pinduoduo aims to gather the strength 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. Netease Cloud Music is a music product developed by Netease and the result of Netease Hangzhou Research Institute.

relying on professional musicians, DJs, friends' recommendation and social networking functions, online music services mainly focus on song list, social networking, big-name recommendation and music fingerprinting, with song list, DJ program, social networking and geographical location as the core elements, focusing on discovery and sharing.