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The mysterious rise of the Chinese ecommerce giant behind Temu https://t.co/h9j7YWIWCL via @ft did researchers with short calls on PDD inspire this article?
Excellent FT article detailing š© š© in PDD/Temu. +3 moreā¦ as US-listed Chinese company (1) officers are exempt from disclosing their trades (no Form 4s), (2) exempt from @NASDAQ board independence requirements, & (3) exempt from Reg FD! https://t.co/cv2tfz4x0w
Remember those Super Bowl ads for Temu? ā¦@FDā© has some questions about the company behind the ecommerce phenomenon, via @FT https://t.co/lL4mguo0um
The rise of Chinese e-commerce giants Pinduoduo and Temu is under scrutiny due to their mysterious operations and financial secrecy. Questions have been raised about Temu's parent company, Pinduoduo, including the absence of a chief financial officer and discrepancies in staff levels and research spending. The companies' valuation on the American stock market, exceeding $150 billion, has sparked concerns among investors.
