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Analysis: 75%+ of the top 220 holders of President Trump's memecoin likely reside outside the US, ahead of a May 22 dinner; Justin Sun is likely to hold $18M (Bloomberg)

Bloomberg : Analysis: 75%+ of the top 220 holders of President Trump's memecoin likely reside outside the US, ahead of a May 22 dinne...

31 January 2024

Bernstein estimates PDD spent ~$3B on marketing Temu in the US in 2023; the Chinese group says Temu has 70M MAUs in the US, versus an estimated 13M in Jan. 2023 (Financial Times)

Financial Times:
Bernstein estimates PDD spent ~$3B on marketing Temu in the US in 2023; the Chinese group says Temu has 70M MAUs in the US, versus an estimated 13M in Jan. 2023  —  High-spending marketing push by PDD Holdings-owned internet marketplace leads to doubts over growth strategy

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