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Pdd Holdings Inc

All articles tagged with #pdd holdings inc

business1 year ago•3 min saved

"Unveiling Temu: From Super Bowl Ads to Chart-Topping Success"

Temu, an e-commerce company that aired multiple Super Bowl ads, offers discounted products shipped directly from suppliers and manufacturers, resulting in longer shipping times. Despite reportedly questionable product quality and privacy concerns, the company has seen significant growth and user engagement. Temu's parent company, PDD Holdings Inc., has faced accusations related to cybersecurity and forced labor, but the company denies these claims.

via USA TODAY|

#business #e-commerce #pdd-holdings-inc

business2 years ago•4 min saved

"Jack Ma's Inspiring Rallying Call Amid Alibaba's Deepening Troubles"

Jack Ma, the founder of Alibaba, has broken his years-long silence about the company's troubles and called on employees to "correct its course" after losing its position as the leader of China's tech industry. Ma praised rival PDD Holdings Inc. and expressed confidence in Alibaba's staff to regain their past success. Alibaba's market valuation has plummeted in recent years, and it is in danger of being surpassed by PDD. Ma's intervention is significant as he has not addressed the company for over three years, and it remains unclear whether he has received explicit approval from authorities to resume a more public role. The troubles for Ma and Alibaba began when he publicly criticized Chinese regulators, leading to a crackdown on the company and other tech giants.

via Yahoo Finance|

#alibaba #business #china