Ecommerce festival loses lustre as platforms offer year-round discounts
Low operational costs and lower spending on warehousing and inventory give PDD-owned group an edge
AliExpress and Temu are undercutting domestic competition and US rivals in world’s fourth-largest online shopping market
Profits at Nasdaq-listed Chinese ecommerce group soar 146% in three months to December
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
Lawyers allege Chinese tech companies abuse laws intended to apply to top executives when they pursue low-level workers leaving for rivals
Its finances are a black box and its operations shrouded in secrecy, but PDD’s extraordinary growth has made it a darling of Wall Street
Chinese e-commerce group PDD Holdings is taking on Amazon, but what do we really know about the company?
PDD Holdings-owned marketplace takes on Chinese sellers of cheap goods as fast-fashion competitor prepares for IPO
High-spending marketing push by PDD Holdings-owned internet marketplace leads to doubts over growth strategy
Once Asia’s most valuable company, the group has fallen behind rivals amid a chaotic restructuring
New group CEO Eddie Wu is now chief executive of cloud and online retail divisions in latest restructuring
Logistics groups see sustained demand for fast delivery of goods from China to western markets
Temu owner’s global strategy has paid off
Intervention comes at critical moment for tech group as main rival gains ground
Ultra-low-price purchases can only offer slim pickings for the digital payment group
Rivalry between the two Chinese online platforms has come to the fore
Antitrust suit launched as ecommerce companies top app download charts for sales of ultra-cheap clothing
The Temu and Pinduoduo owner has moved its headquarters to boost growth
Shift could shield popular ecommerce app Temu from Washington’s actions against Chinese companies, say analysts
Investors should consider regulatory risk regarding the data on US users collected by apps such as this Chinese retailer
Meituan and Pinduoduo, winners in the pandemic, adapt to renewed competition as curbs are relaxed
Rivals seek to ride coattails of Chinese fast-fashion giant set to become world’s biggest specialist clothes seller
Chinese online shopping app warns that user growth will be slower in the future
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