pinduoduo

Company in the news

Temu files new lawsuit against Shein after ‘intensified’ clash

Temu said its entry into the US market in late 2022 led to a decline of more than US$30 billion in Shein's valuation

China Focus

China state funds' support gives hope for wounded stock market

National team's buying shows that stock prices are already at attractive levels.
Alibaba outlook disappoints after China slowdown hurt sales - THE EDGE SINGAPORE

China Focus

Alibaba outlook disappoints after China slowdown hurt sales

It forecast 20% to 23% growth in fiscal 2022 revenue, short of the 27% that analysts were projecting.
Remaking China's Internet ecosystem  - THE EDGE SINGAPORE

Tech

Remaking China's Internet ecosystem

China’s Internet has been akin to a walled garden and the clampdown of top players by Beijing is helping tear down those barriers.

Tech

The age of the influencer is ending

In this context, we should perhaps not be surprised by the spectacular rise of Pinduoduo, a Chinese group-buying platform.
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