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China s group-buying platforms shift focus to profitability amid declining popularity: report · TechNode

China s group-buying platforms shift focus to profitability amid declining popularity: report · TechNode
technode.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from technode.com Daily Mail and Mail on Sunday newspapers.

Pinduoduo pauses foray into local life field designed to challenge Meituan and Douyin: report · TechNode

Pinduoduo pauses foray into local life field designed to challenge Meituan and Douyin: report · TechNode
technode.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from technode.com Daily Mail and Mail on Sunday newspapers.

PDD halts development of local services offering to avoid head-on competition with Meituan and Ele me, report says

Chinese Big Tech firms have jostled for supremacy in a local services market expected to be worth 35 trillion yuan by 2025.

PDD posts quarterly results, shows new supply chain project · TechNode

PDD attributed the better-than-expectation performance in the first quarter of 2023 to online retail recovery in China.

Alibaba vs Pinduoduo: Which Chinese E-Commerce Stock Could Fetch Higher Returns?

E-commerce in China is growing at a substantial rate with an increase in internet penetration in the country. Earlier this year, a World Economic Forum report cited data from Statista and eMarketer, stating that more than 50% of global Internet retail sales comprised Chinese e-commerce. According to eMarketer, e-commerce in China is expanding at a faster pace than anywhere else in the world. Using the TipRanks Stock Comparison tool, let us compare two Chinese e-commerce companies, Alibaba, and P

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