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PDD Holdings Inc

Online retailer Temu files fresh lawsuit against rival Shein in U.S.

by Sipho Sepamla
Online retailer Temu files fresh lawsuit against rival Shein in U.S.

Global online shopping platform Temu is already climbing the ranks in the U.S. Apple Store. Bloomberg | Bloomberg | Getty Images Chinese low-cost online retailer Temu has launched a new …

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Pinduoduo transaction revenue up 315% as Chinese consumers hunt for bargains

by Sipho Sepamla
Pinduoduo transaction revenue up 315% as Chinese consumers hunt for bargains

Chinese flag waving in front of Shanghai cityscape. Eternity in an Instant | Stone | Getty Images Consumers in China are hunting for bargains when they spend, the latest earnings …

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PDD’s Temu grows at record pace in Asia, overtaking Shein in app stores

by Sipho Sepamla
PDD’s Temu grows at record pace in Asia, overtaking Shein in app stores

A package from Temu is seen in front of a screen with the Temu logo. (Photo by Nikos Pekiaridis/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Chinese low-cost …

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Tencent-backed J&T Express fell in Hong Kong IPO debut

by Sipho Sepamla
Tencent-backed J&T Express fell in Hong Kong IPO debut

Courier handing over package asking female customer to do electronic signature, delivering, receiving, efficiency 10’000 Hours | Digitalvision | Getty Images Shares of Indonesia’s J&T Express fell 1.33% when it …

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Stocks making biggest moves in premarket trading: AZN, PARA, NKE, more

by Merchant Moller
Stocks making biggest moves in premarket trading: AZN, PARA, NKE, more

Striking members of the Writers Guild of America picket with striking members of SAG-AFTRA, the actors guild, outside Paramount Studios in Los Angeles, Sept. 18, 2023. Mario Tama | Getty …

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F, SCHL, SQSP, DE and more

by Merchant Moller
F, SCHL, SQSP, DE and more

A visitor views a titanium hybrid 2020 Ford Escape FWD small SUV at the Canadian International Auto Show in Toronto, Ontario, Canada February 18, 2020. Chris Helgren | Reuters Check …

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Alibaba CEO Eddie Wu warns of being ‘displaced’

by Sipho Sepamla
Alibaba CEO Eddie Wu warns of being ‘displaced’

Signage at the Alibaba Group Holding Ltd. booth at the Smart China Expo in Chongqing, China, on Monday, Sept. 4, 2023. Qilai Shen | Bloomberg | Getty Images Alibaba needs …

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