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Published · transcript-backed

Ben Gilbert: evaluation

16 Jul 2020 Acquired Pinduoduo

“There was a missing segment that was not being addressed by either of those two companies, and it is enormous. This episode felt very timely, not just because of that $100 billion milestone for Pinduoduo, but also because ecommerce in general is having a moment (as they say).”

— Ben Gilbert

Source trail

Everything needed to verify it.

Speaker
Ben Gilbert
Attribution
Verified speaker
Claim type
evaluation
Recorded
16 Jul 2020
Publisher
Acquired
Episode
Pinduoduo

Transcript context

…Maybe even JD. Yeah. We haven't covered JD yet on the show, but also an ecommerce powerhouse in China. Apparently, there was an opportunity remaining. There was a missing segment that was not being addressed by either of those two companies, and it is enormous. This episode felt very timely, not just because of that $100 billion milestone for Pinduoduo, but also because ecommerce in general is having a moment (as they say). The global pandemic has massively accelerated the shift from offline to online commerce, as I'm sure all of you are experiencing in one way, shape, or form at least as consumers. Hopefully, you’re Amazon shareholders.…

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