PDD Holdings

New Business

China warns platforms on monopolistic tactics such as ‘lowest-price’ requirement

China’s market regulator has warned that internet platforms demanding merchants offer the “lowest price across the internet” may face antitrust…

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Singapore’s Temasek invests in WeRide, Pony.ai to boost China tech holdings

The state-owned company bought about 1.4 million shares of WeRide and 14,500 shares of Pony.ai in the September quarter, according…

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Temasek fine tunes Chinese stock portfolio as PIF exits Alibaba in sovereign fund tweaks

Two of the world’s largest sovereign wealth funds have adjusted their stakes in Chinese equities, trimming their exposure to technology…

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Chinese start-up Mirror Me’s robot dog outpaces Boston Dynamics’ WildCat

Mirror Me, a Chinese start-up, has developed one of the world’s fastest four-legged robots, outperforming those made by market leader…

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Temu, Pinduoduo owner PDD faces profit challenge amid Trump tariffs, domestic competition

Chinese discount e-commerce giant PDD Holdings, operator of Temu and Pinduoduo, faces increased profitability challenges amid US President Donald Trump’s…

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Shein, Temu to increase US prices next week after Trump’s tariffs, de minimis shift

Chinese-backed online retailers Shein and Temu have notified US consumers that they would raise prices starting April 25 “due to…

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China e-commerce vendors scramble to respond to Trump tariffs, ‘de minimis’ exemption end

Many of the country’s 120,000 online exporters, whose major market is the United States, are making those adjustments after US…

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Shein faces investor pressure to slash valuation to US$30 billion, sources say

Chinese fast-fashion retailer Shein is under pressure to cut its valuation to about US$30 billion, according to people familiar with…

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China’s merchants on Temu, Shein face turmoil after Trump’s tariff reversal

China’s cross-border merchants and logistics service providers are contending with the chaos caused by US President Donald Trump’s back-and-forth tariff…

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New Business

JD.com launches gifting feature to compete with Alibaba, Tencent ahead of Lunar New Year

Chinese e-commerce platform operator JD.com on Friday introduced a gifting feature on its mobile app, joining rival Alibaba Group Holding…

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