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Alibaba s pro tip to CEOs: live-stream on Taobao to engage consumers
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Chinese tourists pick cheaper destinations, fueling local spending
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Chinese travelers are opting for lower-cost domestic destinations over foreign tourist spots
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Temu parent s revenue more than doubles as international sites take off
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PDD Holdings beat first-quarter revenue estimates on Wednesday, powered by its international shopping site Temu and growing consumer interest in its Chinese discount e-commerce platform Pinduoduo, reports Reuters. The company's revenue rose 131% to RMB 86.81 billion ($11.99 billion) in the first quarter, compared with analysts' average estimate of RMB 75.66 billion, based on LSEG…