The Latest Breaking News from Pinduoduo

Temu has made a remarkable entry in the global e-commerce landscape, quickly becoming the fifth largest online marketplace in France. Critics claim Temu’s ultra-competitive pricing relies on unfair practices. Yet its success stems from the powerful—and proven—business model of its parent company, Pinduoduo, which started as an online marketplace for…

PPD stock looks like it could be ready to take off in 2025. After getting crushed in price and valuation multiples, things could change for the better.

China's e-commerce firms experience strong growth during Singles' Day, with top brands hitting 1 billion yuan in sales.

FedEx, UPS report a decline in demand for priority shipping

China stocks are struggling on tepid stimulus and fears of new Trump tariffs. Tesla rivals XPeng and BYD are among the best to buy or watch.

Alibaba stock and shares of rival JD.com extended their rallies Wednesday, helped by optimism about Chinese economic stimulus.

PDD Holdings, the parent company of Chinese e-commerce giants Temu and Pinduoduo, has a cash pile that totals $38 billion, according to the FT.

"As a result, the Chinese economy runs the risk of getting caught in a doom loop of falling prices, insolvency, factory closures, and, ultimately, job losses."

Colin Huang’s net worth tanked $14.1 billion after disappointing earnings results.