Temu: A Rising E-commerce Giant with Growing Pains Temu, a Chinese-owned e-commerce platform, has taken the online shopping world by storm. Launched in the US in 2022, it has quickly gained popularity with aggressive marketing, including a blitz of Super ...
Pinduoduo (PDD), the owner of the fast-growing e-commerce platform Temu, has reported a significant financial leap, nearly doubling its annual profits. This news comes after Temu’s aggressive low-price strategy sent shockwaves through China’s established e-commerce giants like Alibaba and JD.com ...