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PDD Holdings Inc

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...

Stocks to play China’s shopping festival — even if consumers spend less

As China's biggest shopping festival of the year gets underway, analysts are starting to favor Chinese logistics companies as a way to play the...

Alibaba’s international arm says its new AI translation tool beats Google and ChatGPT

Chinese e-commerce company Alibaba has invested heavily in its fast-growing international business as growth slows for its China-focused Taobao and Tmall business.Nurphoto | Nurphoto...

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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