Temu parent PDD takes Alibaba spot as China’s most valuable e-commerce firm
Chinese e-commerce giant Pinduoduo has been behind its rivals Alibaba and JD.com when it comes to international expansion. Now Pinduoduo has launched a U.S. e-commerce site called Temu. Rafael Henrique | Sopa Images | Lightrocket | Getty Images PDD’s value-for-money positioning and growth of its Temu marketplace has helped the tech giant lead China’s e-commerce … Read more