Pinduoduo, Alibaba, JD.com and rivals are hunting for planetary maturation opportunities aft maxing retired the home market.
Pinduoduo Inc., erstwhile China’s hottest net newcomer, is tapping the U.S. marketplace with its archetypal cross-border e-commerce platform, starring a caller question of Chinese tech companies going abroad.
The company’s Temu level launched Sept. 1 sells goods from $2 Bluetooth earphones to $4 sneakers with escaped shipping for orders totaling $29. It adopts the aforesaid low-price selling strategy that Pinduoduo is known for successful China. Temu’s downloads ranked No. 15 among each buying apps successful the U.S. arsenic of Sept. 11.
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