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Budget-savvy shoppers are also the ones who helped newcomer Pinduoduo grow into China’s third largest e-commerce company
Pinduoduo is sending the signal that it’s serious about tackling the problem of counterfeits.
Pinduoduo wants to significantly improve its AI capabilities and recommendations engine
Running up the bill with ad blitzes and sponsorships.
The company’s growth has been costly, but more aggressive expansions are in the works.
PDD’s share price jumped by close to 15% following its positive financial results.
On the surface, this region seems predestined for an app similar to the latest Chinese e-commerce disruptor. But once you look deeper, challenges outweigh the potential — for now.
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