Pinduoduo

The Latest

  • Pinduoduo Surpasses Alibaba in Market Value: A New Era in Chinese E-commerce
    Pinduoduo Earnings
    In a significant shift in the Chinese e-commerce landscape, Pinduoduo briefly surpassed Alibaba in market value on the evening of November 29, reaching $192 billion compared to Alibaba's $191.5 billion.
  • PDD Holdings' Revenue Surges as Temu Drives Growth in E-commerce Market
    China's Pinduoduo Posts First Quarterly Profit
    The surge, marking a nearly 14% increase in premarket trading of its U.S.-listed shares, is attributed to the aggressive discounting strategy and the growing popularity of Temu, its international e-commerce arm.
  • Pinduoduo Surpasses Revenue Expectations, Signaling a Positive Shift in Consumer Sentiment
    China's Pinduoduo Posts First Quarterly Profit
    In a recent financial revelation, Pinduoduo, the Chinese e-commerce giant, has reported a significant beat in its revenue expectations, further solidifying its position in the competitive e-commerce landscape. The company's Q2 Non-GAAP EPADS stood at $1.44, surpassing estimates by $0.42. Moreover, the revenue figures were equally impressive, clocking in at $7.21 billion, marking a 66% year-over-year increase and beating expectations by a whopping $1.18 billion.
  • Pinduoduo's E-commerce Expansion Continues: Temu Launches in Japan, Sets Sights on Asian Market
    Pinduoduo's E-commerce Expansion Continues: Temu Launches in Japan, Sets Sights on Asian Market
    Recently, Pinduoduo's cross-border e-commerce platform, Temu, officially launched in Japan, marking its first foray into an Asian country. The site was originally planned to go live on June 22 but was eventually delayed to July 1 following preparations.
  • China's Pinduoduo Posts First Quarterly Profit
    China's Pinduoduo Posts First Quarterly Profit
    Chinese e-commerce platform Pinduoduo Inc reported its first ever quarterly profit on Tuesday as shoppers stayed online despite the easing of pandemic lockdowns but the company warned it could be a one-off.
  • ByteDance To Partner With CCTV Gala For New Year Countdown
    CCTV Gala 2020
    Pinduoduo has attracted public anger as a result of a working-conditions scandal .
  • Tencent Cleans House On WeChat
    WeChat Privacy Concerns
    Tencent is asking third parties to design better user experiences but some remain in violation of terms.
  • Pinduoduo Under Fire For Labor Practices Following Worker's Death
    Pinduoduo E-commerce
    A 22-year-old female employee died after working past mid-night at Duo Duo Maicai, a community group buying unit of Pinduoduo.
  • China's Express Companies Under Scrutiny For Illegal Activities
    China Express Packages
    Police said the sale of information fueled telemarketing scams and criminal activities like kidnapping and blackmail.
  • E-Commerce Company Looks To End Rural Poverty By Increasing Produce Sales
    China farm
    fupin832.com doesn't charge commercial fees for farmer suppliers.
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