STOCK TITAN

Pinduoduo holds forum on opportunities and challenges in building a more resilient global food system

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Pinduoduo Inc. hosted a virtual Food Systems Forum on July 14-15, 2021, emphasizing sustainable and equitable global food systems. Global experts discussed challenges and opportunities, highlighting the need for innovation and collaboration. Dr. Agnes Kalibata stressed that the world is not on track to achieve UN Sustainable Development Goals, linking food systems to climate and health. Chairman Chen Lei called for stakeholders to unite for sustainable solutions, noting Pinduoduo's role in connecting over 12 million Chinese farmers to markets. The forum aimed to address food production issues.

Positive
  • Pinduoduo connects over 12 million farmers to markets, enhancing agricultural productivity.
  • The forum gathered global experts to address critical issues in food systems, potentially boosting Pinduoduo's reputation as a leader in agricultural technology.
Negative
  • Dr. Agnes Kalibata's warning that the world is not on track to meet UN Sustainable Development Goals indicates systemic failures in food systems that could affect market stability.

SHANGHAI, China, July 15, 2021 (GLOBE NEWSWIRE) -- Pinduoduo Inc., China’s largest agriculture platform, organized a Food Systems Forum where participants heard from global experts on the opportunities and challenges in building a more sustainable, equitable, and resilient global agri-food system.

The two-day virtual forum, which began on July 14, gathers experts from the disciplines of science, technology, finance, and regulation to share their knowledge and learning on how to tackle the multifaceted and interconnected issues facing the way the world produces and consumes food.

On Day 1 of the forum, attendees heard from Dr. Agnes Kalibata, UN Secretary-General’s Special Envoy for the 2021 Food Systems Summit, who warned that the world is “not on track” to achieve the UN Sustainable Development Goals. She pointed out the strong linkages between food systems transformation and climate, nature, health, and livelihoods, and urged the forum to approach these issues in a holistic manner.

She also highlighted the role of innovation and technology in transforming global food systems and praised the role that Pinduoduo plays in connecting Chinese farmers to the mass market and lifting them out of poverty. 

“Technology is the focus of this dialogue and could potentially be a game-changing enabler in this process,” she said. “The fact that Pinduoduo, as an agriculture e-commerce platform, has been using technology to increase market access for over 12 million farmers in China, provides us with a vivid example.” 

Speaking in a fireside chat at the forum, Pinduoduo Chairman and CEO Chen Lei echoed the need for different stakeholders in the global food system to work together to tackle the challenge of feeding an increasing global population without further over-burdening the planet.

“The situation we’re facing has never been more dire but the potential for building a better food system has also never been greater,” Chen said. “By working together, I’m confident that we can create a more sustainable and equitable future with the tools of science and technology.”

Day 1 concluded with expert panels on prospects for alternative proteins to provide ecologically friendly and cost-effective nutrition, the application of technology at different parts of the agri-food value chain, and the regulatory frameworks governing novel foods.

The lineup for Day 2 of the forum, which starts July 15 at 20:00 hrs (GMT +8), includes executives from cultivated meat companies, academic experts on food systems policy, and leading investors in agrifood tech.

Registration is still open and those interested in attending the forum can sign up here: https://stories.pinduoduo-global.com/events/food-system

About Pinduoduo Inc.

Pinduoduo operates China's largest agri-focused technology platform, providing an online marketplace that connects millions of agricultural producers with consumers across the country. A pioneer of interactive commerce and the consumer-to-manufacturer model, Pinduoduo aims to bring more businesses and people into the digital economy so that local communities can benefit from the increased productivity and convenience through new market opportunities.

For more information on Pinduoduo news and industry trends, please visit our content hub at http://stories.pinduoduo-global.com/.


FAQ

What is the purpose of the Pinduoduo Food Systems Forum held on July 14-15, 2021?

The forum aims to discuss opportunities and challenges in building a sustainable and equitable global agri-food system.

Who highlighted the link between food systems and climate at the Pinduoduo forum?

Dr. Agnes Kalibata, UN Secretary-General’s Special Envoy for the Food Systems Summit, emphasized these connections.

What role does Pinduoduo play in global food systems according to the forum?

Pinduoduo connects millions of farmers with consumers, using technology to improve market access and reduce poverty.

What was discussed on Day 1 of the Pinduoduo Food Systems Forum?

Day 1 included topics on alternative proteins, technological applications in food systems, and regulatory frameworks.

What is the significance of innovation in food systems as mentioned at the Pinduoduo forum?

Innovation is seen as a game-changing enabler for transforming global food systems.

PDD Holdings Inc. American Depositary Shares

NASDAQ:PDD

PDD Rankings

PDD Latest News

PDD Stock Data

138.97B
1.38B
0%
33.66%
1.9%
Internet Retail
Consumer Cyclical
Link
United States of America
Dublin