Given the significant differences between the US and Chinese markets, is PDD Holdings risking a pyrrhic victory by emulating Pinduoduo’s strategy with Temu?
At first glance, it might seem like a mere publicity stunt, yet the initiative has done a decent job highlighting the intricacies of recycling. Here’s the big picture.
This Singapore-based company is delving into a niche vertical of new energy vehicles, with plans to venture into the Middle East and Southeast Asian markets.