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China’s biggest shopping event of the year exceeds low expectations

Staff sort express deliveries at China Post's Zaozhuang branch in east China's Shandong province on November 10, 2024Nurphoto | Nurphoto | Getty ImagesBEIJING —...

China’s Singles Day shopping festival is more than halfway over. Here’s how consumers are spending

Employees package and sort express parcels at an e-commerce company on Nov. 1, 2024, around the Double 11 Shopping Festival in Lianyungang, Jiangsu Province...

Shares of Temu parent company PDD plunge almost 29%; ‘too large a correction’, says analyst

Jakub Porzycki | Nurphoto | Getty ImagesThe nearly 30% drop in shares of Chinese online retailer PDD Holdings is "too much of a correction,"...

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