Search results for "pinduoduo"

March 18, 2024
CE 100 Index Gives Up 1.2%, Led by Zillow’s Share...

The CE 100 Index lost 1.2% as the end of earnings season is in sight. Year to date, the Index has trailed several of the broader indices, as seen in...


January 31, 2024
Temu Ad Spend Places It Among Largest Online Advertisers in...

Temu reportedly spent $3 billion in 2023 on online advertising in the United States for its eCommerce marketplace. Get the Full Story Complete the form to unlock this article and enjoy...


January 23, 2024
Temu Gains Following Among Older eCommerce Shoppers 

Temu has reportedly defied expectations by attracting a significant number of baby boomers and Generation X shoppers in the United States.  Get the Full Story Complete the form to unlock this...


January 01, 2024
JD.com Wins Antitrust Case, Beijing Court Orders $141M Damages Against...

In a landmark ruling on Friday, the Beijing High People’s Court declared Chinese e-commerce giant JD.com victorious in an antitrust lawsuit against its main rival, Alibaba Group Holding. The court...


December 29, 2023
Report: Shein or Temu Could Benefit From Merger With Wayfair

Shein or Temu reportedly could be potential merger partners for Wayfair. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...


December 03, 2023
Chinese Borrowers Barred From Mobile Payments Amid Record Defaults

Millions of Chinese consumers have been barred from mobile payment apps amid record defaults. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...


October 13, 2023
Budget-Conscious Chinese Consumers Drive Sales for Value-Focused Companies

Companies that cater to budget-conscious Chinese consumers have reportedly seen sales soar, while their upmarket rivals have struggled to keep up. Get the Full Story Complete the form to unlock...


September 04, 2023
CE 100 Index Gains 4.2% as Shopping Platforms Surge

All pillars of the CE 100 Index were in positive territory as August ended and opened the door to September trading. Get the Full Story Complete the form to unlock...


August 21, 2023
Gucci Doubles Down on China’s Consumers With JD.com Expansion

As Richemont acknowledges the declining influence of China on luxury shopping, Kering is seeking to delve deeper into the market, aiming to connect with consumers who remain eager to spend. ...