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DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Alibaba faces regulatory challenges and modest revenue growth as PDD Holdings surpasses Alibaba in market capitalization. Douyin, owned by ByteDance, launches a shopping app to compete with Alibaba and PDD. PDD's success abroad and rising revenue attract attention. PDD's market share has grown from 0% to 20% by 2023. PDD's stock analysis shows strong performance and high downloads for their shopping app, ShopTemu. TikTok's ecommerce potential faces challenges, with Amazon sellers eyeing TikTok Shop expansion. Chinese tech workers highly value jobs at PDD Holdings, but post-employment issues arise for some.
A ban could prematurely end TikTok's ecommerce dream. It will take time for shoppable content to gain ground, but 20% of Amazon sellers already have plans to expand to TikTok Shop this year and 40% of Gen Z prefers TikTok for search instead of Google. https://t.co/Zl9NO4HSbM
For Chinese tech workers, jobs at e-commerce behemoth PDD Holdings are highly sought after. The trouble, for some workers, comes after they leave. https://t.co/P33avgQxM5
$PDD the downloads of @shoptemu have been excellent and #1 or #2 in most markets. We analyze the company stock https://t.co/TdOejBKjaG https://t.co/kuJufp80L4
