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French regulator says most e-commerce platform products it tested breach EU rulesFrance's consumer watchdog found a staggering 75% of products from online platforms failed EU safety rules. Many items were found to be dan...- Temu-owner PDD misses quarterly revenue estimatesPinduoduo, long buoyed by cost-conscious shoppers, saw growth cool as consumers reined in discretionary purchases amid broader economic unc...
- Temu-owner PDD Holdings appoints co-CEO Zhao as co-chairman of boardPDD Holdings has appointed Jiazhen Zhao as co-chairman of its board. Zhao, a founding member and key figure behind Duo Duo Grocery, also se...
- PDD, pre-decided delivery, is here!A new technology is delivering items before people order them. This quick commerce breakthrough uses predictive algorithms and AI. Beta tes...
- PDD Holdings stock soars 12% on $14.5B revenue beat — profit slips, but is Temu’s long-term growth story just getting started?PDD Holdings Q2 2025 shows steady revenue growth but tightening profits as Temu and Pinduoduo face rising costs. Total revenue hit ¥103.98 ...
- Temu-owner PDD tops quarterly revenue estimates as competition squeezes marginsAlong with the need to keep prices low in China, PDD's margins have been under pressure in recent quarters due to a multibillion-dollar inv...
- China's Temu owner sees profit plunge as trade tensions lingerThe drop came as the economic superpowers are locked in another bruising trade standoff that saw US President Donald Trump last month scrap...
- Chinese ecommerce platforms to end refund-without-returns amid weak economyThe government met operators including PDD Holdings and concluded the practice must end by July, from which point only merchants will be ab...
- Chinese ecommerce giants face delicate balance between discounts, profitAlibaba's earnings reports are crucial indicators for China's consumer sentiment, influenced by competition from Pinduoduo and Douyin. The ...
- Low-cost ecommerce giant PDD Holdings beats quarterly revenue estimatesThe e-commerce giant continues to gain market share with highly competitive pricing in China and overseas as customers spend on affordable ...
- Alibaba dips on MS downgrade as PDD grabs spot of most valuable Chinese e-commerce firmAlibaba's U.S. shares slipped 1.5% to $73.7 in premarket trading, tracking a fresh one-year low. They are down 14% since the company posted...
- Alibaba set to lose no. 1 ecomm player spot to PDDThe once-inconceivable shift reflects the turmoil that engulfed Alibaba after Beijing in 2020 targeted the company and its once-outspoken c...
- Jack Ma returns to rally troops after Alibaba’s troubles deepen“Every great company is born in a winter,” Ma wrote in response to a staff post. “The people willing to reform for the future, and the orga...
- Pinduoduo-owner PDD beats second-quarter revenue expectations, shares jumpEcommerce platforms in China have been offering discounts and subsidies to lure shoppers in an uncertain economy. The focus on low-cost pro...
- Google suspends Chinese ecommerce app Pinduoduo after finding malware in versionsThe Mountain View-based company said on Tuesday it has found versions of the app, offering PDD Holdings Inc.’s flagship e-commerce service,...
- E-commerce upstart wants its data back from AlibabaPDD’s in-house system now hooks up and shares information, such as unique identifiers for individual products, between merchants, couriers ...
- Man gets Rs 39 crore power bill, officials blame billing softwareRam Krishan, a resident of Puran Nagar in Talab Tillo area of Jammu, was shell shocked when he receive a bill of around Rs 39 cr for the mo...
- Mehbooba Mufti directs PDD to ensure hassle-free powerDuring a meeting with the officials of the Power Development Department (PDD) yesterday, Mufti asked them to be prepared for the season, an...
- Power dept to conduct survey on power shortage areasIn an effort to revamp the state's power infrastructure, an assembly panel on Thursday directed the Jammu and Kashmir Power Development Dep...
- J&K Power corp constitutes surveillance teamJammu and Kashmir Power Development (PDD) Department has constituted a surveillance team comprising officers of all the wings of the depart...
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