Pinduoduo

The low-cost e-commerce giant is targeting agriculture and national brands in 2024.

JD.com has responded differently to Pinduoduo’s meteoric rise compared to mutual rival Alibaba, with its approach appearing to yield positive returns.

Given the significant differences between the US and Chinese markets, is PDD Holdings risking a pyrrhic victory by emulating Pinduoduo’s strategy with Temu?

Efforts to surpass Alibaba at home and chase Amazon abroad come with human cost.

Amidst changing economic circumstances, China’s e-commerce players are adapting their strategies accordingly to meet evolving consumer demands.

Considering Pinduoduo’s cautious approach to business expansion and spending, where does the “prudent” company see its next opportunities?

With Meituan in the lead, Douyin posing a challenge, and other contenders striving to catch up, the jury is still out on the future state of China’s local lifestyle sector.

In the final installment of this three-part series, we follow Duan Yongping through his BBK years to his early retirement.