• 11/26/2024

PDD, owner of Temu and Pinduoduo, sees sales surge despite China gloom

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

PDD Holdings revenue rose a stronger-than-expected 66 per cent after the company behind hit shopping app Temu spent to boost growth at home and abroad to counter a bumpy post-pandemic recovery.

https://www.scmp.com/tech/big-tech/article/3232732/pdd-owner-temu-and-pinduoduo-sees-sales-surge-despite-china-gloom?utm_source=rss_feed