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Douyin E-commerce targets RMB 4 trillion GMV in 2024, measuring up to Pinduoduo

Pinduoduo’s GMV was RMB 4.05 trillion in 2023.

3 mins read
  • Luckin Coffee’s rapid expansion has positioned it as a dominant force in China’s coffee market, but at the cost of strained profit margins.

    News

    Luckin Coffee’s margins shrink amid expansion to outplay Starbucks

    4 mins read

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