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Pinduoduo

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Temu’s LATAM expansion stymied by Brazil’s complex tax policies

A 20% tariff on low-value imports could derail Temu’s plan to tap into Brazil’s booming e-commerce market.

6 mins read
  • Pinduoduo’s GMV was RMB 4.05 trillion in 2023.

    News

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

    3 mins read

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