Temu’s parent company is trying to fend off competition from Alibaba — but it’s a costly fight

Temu’s parent company is trying to fend off competition from Alibaba — but it’s a costly fight



Temu’s parent company is trying to fend off competition from Alibaba — but it’s a costly fight
PDD is spending more to boost revenue, and its stock is rising as investors seem satisfied with the trade off.


www.marketwatch.com
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