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PDD Holdings reported stellar first-quarter results last week, sending its shares surging and driving its market-cap past that of rival Alibaba Group.
The English footballer will be featured in AliExpress commercials during the European Football Championship, which kicks off in mid-June.
Chinese e-commerce giant Pinduoduo announced Wednesday its net profit for the first quarter more than tripled, as the Temu owner continues to boost its competitiveness in its home market and abroad.
Consumers may be throwing in the towel just as inflation starts to ease, while smart labels and shoppable magazines round out the latest retail insights.