Amazon courts sellers at China summit as Temu and Shein gain momentum

[ad_1] Packages move along a conveyor at an Amazon fulfillment center on Cyber Monday in Robbinsville, New Jersey, U.S., on Monday, Nov. 29, 2021. Michael Nagle | Bloomberg | Getty…

Temu files fresh lawsuit against Shein, accusing its rival of ‘mafia-style intimidation’

[ad_1] Global online shopping platform Temu is already climbing the ranks in the U.S. Apple Store. Bloomberg | Bloomberg | Getty Images Chinese low-cost online retailer Temu has launched a…

Pinduoduo transaction revenue surges 315% as Chinese consumers hunt for bargains

[ad_1] Chinese flag waving in front of Shanghai cityscape. Eternity in an Instant | Stone | Getty Images Consumers in China are hunting for bargains when they spend, the latest…

Chinese Are Making a Killing Everywhere But in China

[ad_1] Taking matters into their own hands, Chinese entrepreneurs are tapping overseas markets more than they ever did in the past. They are keen to draw in new consumers, especially…

Chinese fast fashion retailer Temu overtakes Shein to dominate Japan and South Korea apps

[ad_1] A package from Temu is seen in front of a screen with the Temu logo. (Photo by Nikos Pekiaridis/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Chinese…

Shares of Tencent-backed J&T Express fall in lackluster Hong Kong debut

[ad_1] Courier handing over package asking female customer to do electronic signature, delivering, receiving, efficiency 10’000 Hours | Digitalvision | Getty Images Shares of Indonesia’s J&T Express fell 1.33% when…

Alibaba CEO warns of being ‘displaced’ if the Chinese tech giant doesn’t keep up in AI

[ad_1] Signage at the Alibaba Group Holding Ltd. booth at the Smart China Expo in Chongqing, China, on Monday, Sept. 4, 2023. Qilai Shen | Bloomberg | Getty Images Alibaba…

Tech giant PDD Holdings, parent of Pinduoduo and Temu, moves headquarters from China to Ireland

[ad_1] PDD Holdings, the parent company of Temu and Pinduoduo, has moved its headquarters from China to Dublin, Ireland. The move underscores PDD’s international expansion plans with Temu, its U.S.…

Chinese e-commerce giant PDD splashes on Super Bowl ad for its Temu U.S. shopping site

[ad_1] An ad spot during the Super Bowl costs millions of dollars. Temu, the U.S. shopping site launched by China’s PDD Holdings Inc., ran a 30-second ad during the game…