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Temu-owner PDD spooked China's e-commerce giants last year with its low prices. Now the upstart has almost doubled its annual profits

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Temu-owner PDD spooked China's e-commerce giants last year with its low  prices. Now the upstart has almost doubled its annual profits

Pinduoduo and Temu, both owned by PDD Holdings, is winning over customers in both China and the U.S. through low prices.

Temu-Owner PDD Soars After Strong Sales Defy Chinese Gloom

Temu-Owner PDD Soars After Strong Sales Defy Chinese Gloom

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The mysterious rise of the Chinese ecommerce giant behind Temu

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Temu-Owner PDD Soars After Strong Sales Defy Chinese Gloom - Bloomberg

Temu-Owner PDD Soars After Strong Sales Defy Chinese Gloom - Bloomberg

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