PDD Holdings’ stock plunged 25 per cent on Monday after it warned of uncertainty ahead and downward pressure on profits…
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JD.com’s Hong Kong-listed shares fell 10 per cent to HK$101.10 at 2.23pm local time on Wednesday, leading a broader sell-off…
Read More »Chinese-founded fast-fashion online retailer Shein has received the go-ahead from local authorities in Guangzhou, capital of southern Guangdong province, to…
Read More »“We’re excited to collaborate with Amazon to offer a seamless and fun shopping experience,” TikTok wrote in a post on…
Read More »E-commerce tycoon Colin Huang has become China’s richest man, an index showed Friday, capping an ascent for the former Google…
Read More »Thailand to tighten scrutiny of PDD-backed shopping app Temu to protect local merchants, report says Thailand authorities are tightening regulations…
Read More »“Given the cross-border nature of these transactions, it’s logical for both parties to agree on a dispute resolution method and…
Read More »The international arm of Alibaba Group Holding is ramping up the use of generative artificial intelligence (AI) by deploying an…
Read More »Temu’s efforts to please consumers were borrowed from its Chinese sister platform Pinduoduo, known for cut-to-the-bone deals and easy-to-refund options.…
Read More »Hundreds of Chinese suppliers on Temu, the overseas shopping app run by PDD Holdings, staged a protest at the e-commerce…
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