China Daily Reads

China Daily Reads

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China Daily Reads
China Daily Reads
PDD Surges 18% After Hit App Temu Wrests Shoppers From Shein

PDD Surges 18% After Hit App Temu Wrests Shoppers From Shein

Nov 29, 2023
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China Daily Reads
China Daily Reads
PDD Surges 18% After Hit App Temu Wrests Shoppers From Shein
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  • Revenue almost doubled while profit jumped 47% last quarter

  • Investors betting Temu will sustain momentum against rivals

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