PDD

A look at China's “genius class” system, which picks ~100K gifted teens annually for elite science-focused schooling; its alumni span ByteDance, PDD, and more

Sources: China broadens its probe into Temu owner PDD, dispatching 100+ investigators to its Shanghai HQ, after staff exchanged physical blows with regulators

China has broadened a probe into PDD Holdings Inc. after its employees exchanged blows with regulators, dispatching over 100 investigators …

Sources: Pinduoduo and Temu owner PDD fires dozens following a fistfight between employees and Chinese officials probing fraudulent deliveries on its platform

Bloomberg :

PDD, which owns Pinduoduo and Temu, reports Q3 revenue up 9% YoY to ~$15.2B, above ~$15.1B est., and net income up 17% YoY to ~$4.1B, as it weathers US tariffs

Bloomberg :

Temu-owner PDD reports Q1 revenue up 10% YoY to ~$13.3B, below ~$14.4B est., and says it is fulfilling US orders exclusively via local warehouses and merchants

Luz Ding / Bloomberg :

PDD-owned Pinduoduo says it plans to allocate ~$13.76B over the next three years to support its merchants, following other Chinese e-commerce companies' efforts

Tracy Qu / Wall Street Journal :

Temu-owner PDD reports Q4 revenue up 24% YoY to ~$15.3B, below est., and net income up 18% YoY to ~$3.8B, amid intensifying domestic competition and US tariffs

Luz Ding / Bloomberg :

How PDD's Temu, the world's biggest online dollar store, got sucked into President Trump's trade war; eMarketer expects Temu to have $30B in US sales in 2025

along with a 72-hour workweek regime on the side https://www.bloomberg.com/... Zheping Huang / @pingroma : Together, @spencersoper, @ClaireYChe & I take you to the Chinese factory producing random ite...

Douyin, Pinduoduo, and Xiaohongshu vow to improve their algorithms, after China launched a campaign in November 2024 to address “typical issues with algorithms”

ByteDance's Douyin, PDD's Pinduoduo, and Xiaohongshu have promised to address issues related to the misuse of algorithms

China's richest man Zhong Shanshan accused PDD of harming his bottled-water empire through a price war and ByteDance of fanning online vitriol targeting him

Bloomberg :