Are we entering an era where Temu rules as the undisputed king of e-commerce? © 2023 TechCrunch. All rights reserved. For personal use only.
PDD, the firm behind the fast-growing shopping app Temu, is shaking up China’s Big Tech club. On Thursday, news of Alibaba’s market cap sliding under that of PDD made headlines all over the Chinese internet. This development marked a histor…
Temu, a fast-growing ecommerce platform known for cheap deals, is making inroads into new markets as its parent firm sets up a base in Dublin, joining a raft of tech giants including Meta and Twitter that have opened offices in the tax-friendly Irish capital. PDD Holdings, the Dublin-based corporate entity behind Temu, also owns Pinduoduo,…
On Monday, Google announced that it had flagged several apps made by a Chinese e-commerce giant as malware, alerting users who had them installed. In the last couple of weeks, multiple Chinese security researchers accused Pinduoduo, a rising e-commerce giant that boasts almost 800 million active users, of making apps for Android that contain malware…
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