Forex Trading

Did Pinduoduo become an actual threat to Chinas biggest e-commerce players ? Update on the Chinese platform

The group-buying model also encouraged users to become unofficial recruiters, keeping customer acquisition costs low. Additionally, Pinduoduo’s aggressive pricing and subsidies attracted price-sensitive consumers. In a previous article, I explored Temu, the international e-commerce platform launched by PDD Holdings, the same parent company behind Pinduoduo. However, as with any online marketplace, users should exercise caution

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