Stay updated with breaking news from Pinduoduo. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
New Delhi [India], November 17 (ANI/PNN): The newcomer in the e-commerce industry, Temu, is largely known for its superior, high-quality products at affordable price points
Alibaba and JD.com, China’s leading e-commerce platforms, recorded robust sales during the first round of Singles’ Day shopping spree.
JD.com and Baidu fell as President Xi packed his core team with loyalists. "There are no centers of power that can challenge him," said one analyst.
The second quarter has seen a spectacular retreat by China Big Tech as firms slash costs amid slower economic growth, stricter regulatory scrutiny and a tense US-China relationship.
Alibaba will kick off its extended Singles’ Day promotion in October, as the e-commerce sector’s premier event contends with China’s slowing economy and disruptions from Covid-19 control measures.