Pinduoduo

PDD Q4: strong profits, slowing growth, and rising global scrutiny

PDD posted 24% revenue growth in Q4 2024, marking its slowest pace since 2022 with strong profitability offset by rising costs from Temu’s global push…

Mar 21

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Pinduoduo Surpasses Taobao in User Engagement During Double 11, While Taobao Leads in Daily Active Users

The annual Double 11 shopping festival has once again revealed the fierce competition among China’s e-commerce giants.

Nov 27, 2024

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Pinduoduo, Douyin, and Kuaishou struggling with growth

In 2024, some of China’s leading internet companies, including Pinduoduo, Douyin (TikTok’s Chinese counterpart), and Kuaishou, reported sluggish growth.

Sep 10, 2024

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Chinese e-commerce giants achieved an annual revenue growth rate of 41%

A recent report by the Korea Economic Research Institute (KERI) has unveiled the competitive dynamics in the global e-commerce sector.

Jun 25, 2024

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