JD.com's Richard Liu Steps Down as CEO
Chinese e-commerce giant JD.com announced Thursday that company president Xu Lei has been appointed as the new CEO, succeeding Richard Liu, who will remain as the chairman of the board.
4/7/20223 min read
Tag: #Pinduoduo*
Showing 12 of 13 posts with this tag
Pinduoduo and Midea Group Reach Strategic Cooperation
On Thursday, Chinese e-commerce platform Pinduoduo and home appliance firm Midea Group reached a strategic cooperation with an annual scale exceeding 10 billion yuan ($1.6 billion).
1/21/20222 min read
PDD Holdings’ Temu App Said to Consider Canada After September US Debut
PDD Holdings’ US shopping app Temu is planning an expansion into Canada, just months after beginning operations in America.
11/12/20223 min read
Temu in Position to Take US Online Shopping by Storm
Following its rapid ascent in the Chinese e-commerce market, seven-year-old Pinduoduo is now trying its hand in the US with the launch of Temu.
10/24/20225 min read
2021 Q2 Advertising Revenue of Major Chinese Internet Companies Shows Market Picking Up
Reports show the impact of the Covid pandemic has basically been eliminated and the advertising market is rapidly rebounding.
9/2/20213 min read
Pinduoduo Reveals China’s Rising “Single Economy” Amid Lunar New Year Season
With the Chinese Lunar New Year around the corner, China’s leading interactive e-commerce platform Pinduoduo revealed several reports on consumers’ purchasing behaviors.
1/29/20213 min read
Tencent Profits Surge 89% Year-on-year, Pledges Cooperation with Antitrust Regulators
Chinese social and gaming giant Tencent reported strong Q3 financial results on Thursday, generating a revenue of 125.5 billion yuan ($18.9 billion), up 29% year-on-year and ahead of analysts’ expectations.
Pinduoduo Partners with Mango TV to Host Double 12 Super Night Gala
On Dec. 11, Pinduoduo, China’s leading interactive e-commerce platform, partnered with Mango TV, Hunan’s provincial satellite TV, to present a live broadcast of the “Double 12 Super Night Gala.”
12/12/20202 min read
Temu Surpasses Quarterly GMV of $5 Billion, Potentially Exceeding Annual Targets
Based on its performance in the first nine months of the year, with the arrival of "Black Friday" and Christmas, Temu may well exceed its annual GMV target of $15 billion.
10/27/20234 min read
Global Agricultural Challenge Launched by FAO, Zhejiang University and Pinduoduo
The “2020 Global Agrilnno (Agriculture) Challenge,” co-sponsored by the Food and Agriculture Organization of the United Nations (FAO) and Zhejiang University, supported by Pinduoduo, was held in China to promote innovative business models.
12/9/20202 min read
Tech Tycoons Embrace Philanthropy as China Pushes for “Common Prosperity”
Pinduoduo pledged to donate all of its net profit since going public and future earnings to support the country’s farmers and agriculture area until it’s given away a total of 10 billion yuan.
8/26/20214 min read
Pinduoduo Launches Subsidies for Apple Products, iPhone 13 Price Drops Up to 500 Yuan
Chinese e-commerce platform Pinduoduo on Friday launched subsidies for a series of products Apple released on September 15, including the iPhone 13, iPhone 13 Pro, iPad 9, iPad mini 6 and others.
9/18/20212 min read