2025-08-25
Reuters
6 related
PDD Holdings, which owns Pinduoduo and Temu, reports Q2 revenue up 7% YoY to ~$14.53B, above est., and net income down 5% YoY to ~$4.5B, driven by discounts
2024-02-13
Financial Times
1 related
Sources: Temu is scooping up suppliers of cheap goods that once worked with Shein, as Shein moves to clean up its supply chain ahead of a planned US listing
PDD Holdings-owned marketplace takes on Chinese sellers of cheap goods as fast-fashion competitor prepares for IPO
2023-11-29
Bloomberg
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Sources: Jack Ma praised PDD Holdings while urging Alibaba to change and “correct its course”, in a rare reply to a staff post on Alibaba's internal forum
- The billionaire replied to an employee on an internal forum — Ma congratulated archrival for pushing the boundaries
2023-10-27
Reuters
2 related
Documents: Shein and PDD's Temu file joint declarations in the US to end their legal fights, asking judges to dismiss the cases “without prejudice”
Fierce rivals Shein and PDD Holdings-owned (PDD.O) Temu have applied to end their legal fights with each other in the U.S. …
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