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The company’s business model of letting users whip up friends to buy in bulk is a hit.
Its revenue growth lags behind.
It’s a giant leap from selling cheap fruit deals
Pinduoduo is spending big bucks hoping to kickstart shopping frenzy
Addressing knockoff goods could be tricky given Pinduoduo’s key selling point and the demography of its customer base.
Colin Huang does not shy away from silly metaphors when talking about Pinduoduo’s exuberant spending and rivalry with Alibaba.
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.
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