A product or service has a market and can bring benefits to some people. If some people use it, it has value. We cannot ask the national regulatory authorities to shut it down just because the service is defective and some people are opposed to it. National regulatory authorities must also supervise within the legal framework.

Why can Pinduoduo grow so quickly and carve out a niche despite the stable situation of cat and dog e-commerce? Huang Zheng understands the national conditions. The Internet has always been fast, even rapid. The online prosperity would once cover up the real situation of the world.

So Alibaba has already reached the height of Tmall’s international brand, and now it has to restart Juhuasuan, Rural Taobao, Taote, and even JD.com, which has always taken the quality assurance route, has also launched Jingxipinpin. It can be said that the reason why cats and dogs have gone back is precisely due to the stimulation of Pinduoduo. We still have a huge sinking market.

Everyone knows that cheap products are not good, but it is not clear how “fake” Pinduoduo is compared to Taote and Juhuasuan. It’s not that the state doesn’t regulate, but it meets the needs of a large part of China’s people. They don't care so much about how high-end the quality is, as long as it's cheap and usable.