Gotion Holdings: 2023 8th Duoduo Double Ten Industrial E-commerce Festival Collective Purchase Order Amount Nears 26 Billion RMB, Sets New Record

Gotion Holdings: 2023 8th Duoduo Double Ten Industrial E-commerce Festival Collective Purchase Order Amount Nears 26 Billion RMB, Sets New Record
On the evening of October 10, Gotion Holdings (SH: 603613), a leading enterprise in the domestic industrial e-commerce and industrial internet sector, released official data: As of 9:00 PM on October 10, 2023, the collective purchase order amount for the company’s 8th Duoduo Double Ten Industrial E-commerce Festival reached 25.649 billion RMB, marking a 48.9% increase compared to the previous festival’s 17.228 billion RMB, setting a new historical record.
Since the launch of this year’s Double Ten Industrial E-commerce Festival in September, 50 major categories operated by Gotion Holdings’ ten platforms, including Tuduo, Weiduo, Boduo, Zhiduoduo, Feiduo, Liangyouduo, Xinduoduo, Yixieduo, Xinengduo, and Lenglianduo, have participated simultaneously. Collaborating with core suppliers from Cloud Factory, various activities such as “collective purchase groups,” “zero yuan flash sales,” “premium product special sales,” and “passionate auctions” were held to continuously offer procurement benefits.
Additionally, 100 Cloud Factories were showcased, over 70 Cloud Warehouses were well-stocked, and Duoduo Logistics provided full support, allowing all parties to closely experience the achievements of the company’s digital supply chain construction.
After years of deep industry cultivation, Gotion Holdings has accumulated rich industrial belt resources, forming a mature business loop of “sales-driven procurement, reverse order pushing, and upstream bargaining.” Currently, the company actively drives the integration and application of various new technologies, increases the implementation of deep upstream supply chain construction and downstream collective procurement strategies, deepens its layout in vertical fields such as titanium industry, alcohol chemicals, resins, raw paper, fertilizers, and grain and oil, and enhances single product competitiveness and multi-category layout breadth.
Furthermore, the Duoduo platform, by mastering a stable group of rigid demand customers transitioning from suppliers to customers, ensures strong customer cooperation stickiness, which in turn enhances the platform’s influence, attracting more high-quality customers to join, promoting a virtuous cycle, and increasing the number of cooperative options for platform users, making the procurement and sales process more efficient and precise.
During this Double Ten Industrial E-commerce Festival, Gotion Holdings further leveraged the strong professional capabilities and rich customer resources of each Duoduo platform, providing more traffic and exposure opportunities for “Cloud Factories” across the country. By utilizing more efficient and flexible live e-commerce delivery methods, the company accelerated the development of Cloud Factory business. For downstream customers, Gotion Holdings offered cheaper raw materials and quality services, with transparent price information conducive to management. For upstream suppliers, the company increased sales channels and reduced payment collection risks. While closely aligning with the pulse of industrial internet development, the company continuously enhances the acceptance of online transactions and services by traditional enterprises, enabling industrial chain enterprises to gain more benefits and further assisting small and medium-sized enterprises in supply chain upgrades.
Since the first Duoduo Double Ten Industrial E-commerce Festival in 2016, every event, including this one, has received positive responses and strong support from various industrial chain enterprises and chambers of commerce. It has provided more users with affordable procurement options while giving traditional industries a clearer understanding of the value of B2B e-commerce and the industrial internet.
Currently, the annual Duoduo Double Ten E-commerce Festival has become an important way to test the platform construction and development of Gotion Holdings. This year’s Double Ten performance further highlights the platform’s strong execution of its industrial chain development strategy.
“The company will take this event as an opportunity to continue leading and demonstrating the industrial internet sector, actively assume social responsibility, practice new development concepts, assist in the implementation of national strategies, and leverage the company’s advantages in technology, talent, and platforms to ‘empower reality with data.’ We will strengthen and promote the construction and application of service systems such as Cloud ERP, online payments, electronic contracts, smart logistics, digital warehousing, and digital factories, continuously advancing the company’s strategic layout to create greater value and benefits,” said the person in charge of the Duoduo Double Ten Industrial E-commerce Festival at Gotion Holdings.
Cited from https://www.tfcaijing.com/article/page/6e395a6264714f384f513471734c422b6c7a515377413d3d


Post time: Aug-06-2024