Techmeme

PDD-owned Pinduoduo says it plans to allocate ~$13B over the next three years to support its merchants, following other Chinese e-commerce companies (Tracy Qu/Wall Street Journal)

Tracy Qu / Wall Street Journal: PDD-owned Pinduoduo says it plans to allocate ~$13B over the next three years to support its merchants, following other Chinese e-commerce companies  —  PDD, which also owns Temu, reported slower quarterly profit and revenue growth in the fourth quarter  —  Chinese bargain shopping platform …

Apr 3, 2025 - 11:52
 0
PDD-owned Pinduoduo says it plans to allocate ~$13B over the next three years to support its merchants, following other Chinese e-commerce companies (Tracy Qu/Wall Street Journal)

Tracy Qu / Wall Street Journal:
PDD-owned Pinduoduo says it plans to allocate ~$13B over the next three years to support its merchants, following other Chinese e-commerce companies  —  PDD, which also owns Temu, reported slower quarterly profit and revenue growth in the fourth quarter  —  Chinese bargain shopping platform …

Read More

Tags:

Previous Article

Sources: Microsoft has halted talks for, or delayed development of, data center ...

Next Article

OnePlus 13T appears on AnTuTu with key specs

Related Posts

A look at Apple's strategy missteps with TV+, including trying to rival Netflix by building a platform from scratch and using TV+ to boost device sales (M.G. Siegler/Spyglass)

A look at Apple's strategy missteps with TV+, including...

Mar 25, 2025  0

Sources: Meta has led the charge against the EU's AI Act this year, as Big Tech, with backing from President Trump, grows bolder in challenging EU regulations (Financial Times)

Sources: Meta has led the charge against the EU's AI Ac...

Feb 19, 2025  0

OpenAI's board rejects the $97.4B bid by Elon Musk and a consortium of investors, saying they reject "Musk's latest attempt to disrupt his competition" (New York Times)

OpenAI's board rejects the $97.4B bid by Elon Musk and ...

Feb 15, 2025  0