Career · Entrepreneur memoirs

Huang Zheng:Benfen and Customer Value

Huang Zheng《Pinduoduo 2018 Letter to Shareholders》· “Pinduoduo's values” · Character · Leadership · Action

对于拼多多管理层来说,本分意味着专注于为消费者创造价值。

Source: http://it.people.com.cn/n1/2018/0630/c1009-30097415-2.html
Locator:2018 letter to shareholders, section “拼多多的价值观” · Verified:2026-10-19 · Verification:Exact match

Reading

Benfen means focusing management on creating value for consumers.

Context

Colin Huang (1980–) founded Pinduoduo in 2015 after studying at Zhejiang University and the University of Wisconsin–Madison and working at Google. In the company's 2018 IPO letter he defined its core value of benfen as focusing on creating value for consumers. The word carries Confucian overtones of staying true to one's proper role and not taking advantage of others.

Today's question

If you translated benfen into daily behavior at your company, which decision would it change?

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