Original title: Pinduoduo: Cultivating a number of home textile brands with annual sales of 1 billion in the next five years Source: 36Krypton

36 Krypton learned that on November 24, Pinduoduo announced a new brand plan for the Northern Home Textiles Industry Belt in Shijiazhuang, Hebei. The plan is to support the development of Hebei home textile industry clusters such as Gaoyang Towel, Shenze Textile, and Langfang Curtain over the next five years, cultivate a number of brands with annual sales of 1 billion, drive the upgrading of the local industry, and help form a highland for the home textile industry in the north.