Pinduoduo
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Pinduoduo is facing a growing public backlash and an official investigation into its working practices after the death of an employee in her 20s.
The employee, born in 1998, collapsed…
Read MorePinduoduo plans to raise $5.6bn to supercharge grocery delivery operations
Pinduoduo is planning to raise $5.6 billion to dramatically expand its one-day delivery operations, which offer customers items directly from farmers.
China’s second largest ecommerce retailer, which now boasts 731…
Read MorePinduoduo: Consumer-to-manufacture revolution offers glimpse into retail’s future
A consumer-to-manufacturer (“C2M”) revolution is currently under way in China that could remake the way goods are produced and sold in the future.
In traditional retail, manufacturers produce what they…
Read MorePinduoduo and other major shopping apps allegedly used to launder billions of dollars to offshore accounts
Pinduoduo and other major Chinese ecommerce players are being used to launder billions of dollars to offshore accounts, according to authorities.
Gamblers are using Pinduoduo to bypass strict Chinese capital…
Read MoreAliababa, Amazon, JD.com and Pinduoduo will account for 65% of global online beauty sales over the next 5 years
Alibaba, Amazon, JD.com and Pinduoduo will account for over half of the world’s online health an beauty sales between 2020 and 2025.
Online health and beauty sales are set to…
Read MoreJD.com smashes analyst estimates and sees shares rally despite Trump’s Chinese crackdown
JD.com smashed analyst estimates during its last quarter as its self-run logistics operations powered through the pandemic.
In its first quarter since launching its $4 billion secondary listing on the…
Read MoreAlibaba, JD.com and Pinduoduo launch initiatives to help revive Hubei’s economy after outbreak
Alibaba, JD.com and Pinduoduo have all launched separate initiatives to help revive the farming industry in Hubei, China, the epicentre of the coronavirus.
The outbreak, which is thought to have…
Read MoreJD.com shares jump 12% as its brushes off coronavirus impact and beats estimates
JD.com’s stocks have jumped more than 12 per cent as brushed off coronavirus fears and posted better than expected fourth quarter results.
The Chinese commerce giant saw revenues skyrocket 26.6…
Read MoreAlibaba, JD.com struggling to meet demand for medical supplies amid coronavirus outbreak
Alibaba, JD.com and Pinduoduo are struggling to meet demand for medical supplies in China amid a scramble to prevent the spread of the deadly coronavirus.
China’s biggest retailers are facing…
Read MoreAlibaba accused of forcing sellers off its platform for using rivals
Alibaba is reportedly pushing users off its platform if they sign up to sell on its rival online marketplace Pinduoduo.
Merchants are being told by the Chinese ecommerce giant to…
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