China’s Temu to run second ad, $10 million giveaway
Sopa Images | Lightrocket | Getty Images Temu, the e-commerce app run by Chinese company PDD Holdings, plans to run a Super Bowl ad on Sunday, a spokesperson told CNBC,…
Alibaba was once a Wall Street darling. What’s next?
Signage for Alibaba Group Holding Ltd. covers the front facade of the New York Stock Exchange November 11, 2015. Brendan McDermid | Reuters BEIJING — It’s been a tumultuous 12…
Amazon courts sellers at China summit as Temu and Shein gain momentum
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 Images…
Online retailer Temu files fresh lawsuit against rival Shein in U.S.
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 new…
JPMorgan, Morgan Stanley bet on Chinese e-commerce stock
Wall Street analysts are betting big on one Chinese e-commerce giant: PDD Holdings . Investment firms Morgan Stanley, JPMorgan and Morningstar have all raised their price target for the parent…