pinduoduo

Gucci Doubles Down on China’s Consumers With JD.com Expansion

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

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...

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CE 100 Index Gains 1.3% as Ocado’s Surge Offset by LendingClub, Snap Declines
CE 100 Index Gains 1.3% as Ocado’s Surge Offset by LendingClub, Snap Declines
July 31, 2023  |  Connected Economy

Earnings season is now in full swing, dominating headlines, moving stocks in our ConnectedEconomy™ 100 Index up double-digit percentage points — and to the downside,...

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Temu Parent’s Merchandise Sales Fall 29% Amid China’s Slow Recovery
Temu Parent’s Merchandise Sales Fall 29% Amid China’s Slow Recovery
March 20, 2023  |  Retail

China’s PDD Holdings is the latest company feeling the effects of the country’s COVID recovery. Get the Full Story Complete the form to unlock this article and...

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CE 100 Index Notches 2.7% Gain as eCommerce Platforms Surge
CE 100 Index Notches 2.7% Gain as eCommerce Platforms Surge
January 09, 2023  |  Connected Economy

One week in, and the CE 100 Index has already gained some ground, up 2.7%. Get the Full Story Complete the form to unlock this...

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CE 100 Gains 3.1% as Tencent Leads Payment Names Higher
CE 100 Gains 3.1% as Tencent Leads Payment Names Higher
December 05, 2022  |  Connected Economy

Connected economy names surged as investors cheered signs of resilient consumer spending. Get the Full Story Complete the form to unlock this article and enjoy...

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CE 100 Index Off 4.2% as Plunging Shopping Names Mute Gains by Banks
CE 100 Index Off 4.2% as Plunging Shopping Names Mute Gains by Banks
October 17, 2022  |  Connected Economy

Per usual, big banks were first out of the gate in releasing third-quarter earnings reports last week. Many more reports will come this week and...

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CE100 Index Drops as Investors Fret About Slowing Enterprise Tech Spend
CE100 Index Drops as Investors Fret About Slowing Enterprise Tech Spend
September 05, 2022  |  Connected Economy

The past week’s rout in the stock market — pick your market, any market, it seemed — continues into a new month and into a...

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Today in the Connected Economy: China’s Pinduoduo Debuts US eCommerce Platform
Today in the Connected Economy: China’s Pinduoduo Debuts US eCommerce Platform
September 02, 2022  |  Connected Economy

Today in the connected economy, Chinese eCommerce giant Pinduoduo opens Temu, its U.S. online shopping site. Also, Google tests alternative payment methods in new countries, and...

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