3 April 2025

PDD-owned Pinduoduo says it plans to allocate ~$13B over the next three years to support its merchants, following other Chinese e-commerce companies (Tracy Qu/Wall Street Journal)

Tracy Qu / Wall Street Journal:
PDD-owned Pinduoduo says it plans to allocate ~$13B over the next three years to support its merchants, following other Chinese e-commerce companies  —  PDD, which also owns Temu, reported slower quarterly profit and revenue growth in the fourth quarter  —  Chinese bargain shopping platform …

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