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Brazil

The Meteoric Rise of Temu and Pinduoduo—and What Might Finally Slow Them Down

The retail apps have exploded in China and internationally thanks to bargain-basement pricing. But a potential import crackdown from the US and other countries could slow the momentum.

By: Wired
  • Nov 01 2024
  • 3
  • 91 Views
The Meteoric Rise of Temu and Pinduoduo—and What Might Finally Slow Them Down
The Meteoric Rise of Temu and
Tsai didnt mention Pinduoduo by name, but from its beginnings, the shopping platform has never made the merchant its focus like Alibaba did: It has always prioritized getting the user the lowest pric… [+2983 chars]

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