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In Depth: PDD’s Bare-Knuckle Tactics Upend E-Commerce Landscape

By Bao Yunhong, Guan Cong and Elise Mak
2024年08月09日 19:14
As more merchants protest an opaque regime of fines, critics say the e-commerce company is dragging its rivals to a race to the bottom
A Pinduoduo cross-border e-commerce bonded warehouse located in Xiangyang Comprehensive Bonded Zone, Hubei province on July 29. Photo: VCG

Outside of China, Temu is ubiquitous. Many know it as the online cheap goods market that came out of the blue, flouted consumer concerns about wasteful fast fashion, and bought ads everywhere from Instagram to the Superbowl, telling viewers they should fill up their wardrobes and “Shop Like a Billionaire.

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