∗Pinduoduo Archives

JD.com Plans Subsidy Campaign against Pinduoduo

Chinese e-commerce giant JD.com will launch a 10 billion yuan ($1.5 billion) subsidy campaign on March 8 to compete against rival Pinduoduo, a budget shopping app by PDD Holdings.

PDD Holdings’ Temu Starts Internal Testing in Canada

More than half of the products offered by Temu, a shopping app owned by Shanghai-based internet giant PDD Holdings, have started internal testing in Canada.

Is Pinduoduo’s US Sister Site Temu Too Good To Be True? I Decided To Find Out.

Temu sprang onto the US e-commerce scene with a bold claim that it can deliver quality products at affordable prices for just about any budget. Yes, that’s right - "quality" and "affordability" in the same sentence.

Pinduoduo Tests New Homepage Functions for Female Clothing

The homepage of Pinduoduo, a Chinese social e-commerce platform, will reportedly undergo the launch of a special area with new functions for female clothing products.

SHEIN’s GMV Soared to $16B in H1 2022

In the first half of 2022, the sales of cross-border e-commerce platform SHEIN exceeded $16 billion, with a year-on-year growth rate of over 50%.

Pinduoduo to Build Cross-border E-commerce Platform, Poaches SHEIN Employees

Chinese e-commerce platform Pinduoduo is reportedly preparing a cross-border e-commerce app, expected to be released initially for the US market in mid-September. A cross-border platform investment pamphlet from insiders in Pinduoduo showed more details.

Pinduoduo R&D Spending Hits Record in 1Q in Innovation Push

Pinduoduo reported a slower pace of growth in the first quarter as the agricultural platform operator shifted its focus to research and development.

JD.com and Bilibili Added to SEC Delisting Watchlist

The United States Securities and Exchange Commission (SEC) added more than 80 Chinese companies to a delisting watchlist on Wednesday, including JD.com, Bilibili and Pinduoduo.

Community Group Buying Platform Nice Tuan Shrinks

Community group buying platform Nice Tuan had shut down all of its operations in cities across the country. The company has entered an aftermath stage in which it is dealing with payments to suppliers and settlements with employees.

Pinduoduo Posts 59% Gain in 2021 Orders, States Long-term Goal to Drive Agri Digital Inclusion

Pinduoduo, China’s largest agriculture platform, said it will step up its efforts in promoting digital inclusion and continue to focus on research and development, as the company records a 59% gain in annual orders.

Pinduoduo Responds to Allegations of False Promotional Activity

Pinduoduo has recently become embroiled in a false advertising dispute on Chinese social media, after a web user participated in a livestream event purportedly offering the chance to obtain a free mobile phone.

Tencent Alpha Tests Community Group Buying Product

Chinese tech giant Tencent has recently alpha tested a community group buying (CGB) applet "Exiangtuan" (鹅享团 Èxiǎngtuán) on WeChat.

Strawberry Farmers Deploy AI from Pinduoduo Smart Agriculture Competition to Boost Productivity and Incomes

Farmers in one of China’s main strawberry production areas are expecting increased output after deploying precision technology developed through a smart agriculture competition organized by domestic tech firm Pinduoduo.

Zhejiang Consumers Council Summons Major E-Commerce Livestreaming Platform Operators

Zhejiang Consumers Council announced on Thursday that in order to stay on top of livestreaming e-commerce, the organ tested five major platforms including Taobao, Pinduoduo, JD.com, Kuaishou and Douyin.

Head of JD.com International Yan Xiaobing to Retire Next Year

Yan Xiaobing, the head of JD.com International, announced on Tuesday his decision to retire after the Chinese Spring Festival next year due to family and physical reasons.

Pinduoduo Posts Q3 Results, Signals Sustainable Growth as Spending Shifts from Marketing to R&D

Pinduoduo appears to be forging a path to sustainable growth after garnering more than 800 million customers in record time.

Cheng Yixiao Replaces Su Hua as Kuaishou CEO

On October 29, Chinese short video platform Kuaishou announced its co-founder Su Hua has relinquished the role as CEO, and Cheng Yixiao, another co-founder, executive director and chief product officer, has been appointed as CEO.

China’s Community Group-Buying Players Are Facing a Reshuffle, Signaling the End of the Fast-Growth, Cash-Burning Bubble Blown by the Country’s Big Tech

With several top players withdrawing from the competition, the bloated market is entering a new phase of consolidation.

Smart Technology Seen Driving Doubling of China’s $90 Billion Digital Agricultural Economy, Top Expert Says

Technology will help to more than double the size of the digital agricultural economy in China by 2025, providing fresh impetus for the country’s drive for agricultural modernization, according to a top agricultural expert.

Pinduoduo Says Slower User Growth Inevitable and Inroads by Short-video Platforms Show Market Dynamism

Pinduoduo, the e-commerce upstart that has ascended at meteoric speed to challenge the market incumbents, may be starting to feel the effects of gravity.

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