Temu

Jack Ma buys Alibaba stock to show support for struggling empire - THE EDGE SINGAPORE

China Focus

Jack Ma buys Alibaba stock to show support for struggling empire

Ma's longtime confidante Joseph Cai also separately bought about US$150 million of shares in his first such purchase since 2017
What's gone wrong with e-commerce? A look at Alibaba's Lazada, TikTok Shop and PDD's Temu - THE EDGE SINGAPORE

Digital Economy

What's gone wrong with e-commerce? A look at Alibaba's Lazada, TikTok Shop and PDD's Temu

Dethroned by PDD Holdings, Alibaba contends with greater structural problems. New e-commerce competitors force them to adapt.

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

Digital Economy

How Temu turned PDD into China’s Internet king

For Gen Z users, Temu and parent PDD are not Alibaba or JD.com, their parent’s e-commerce sites
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