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The Latest Breaking News from Pinduoduo

Temu: China's answer to Amazon is already Australia's most popular free app. What makes it so addictive?

If you spend much time online you’ve probably seen one of Temu’s colourful ads – punctuated by its catchy tagline: “shopping like a billionaire”.

The Conversation

Fast fashion giant Temu accuses Shein of starting ‘war’ over US markets

Fast fashion giant Temu accuses Shein of starting ‘war’ over US markets

Standoff between Chinese ultra-fast fashion brands escalates with lawsuit claiming Shein created exclusive manufacturing contracts

The Guardian - US

Consumption soft even amid deep discounts during major China shopping festival, analysts say

Consumption soft even amid deep discounts during major China shopping festival, analysts say

Chinese consumers have been snapping up billions worth of items in China’s first major online shopping festival after emerging from the pandemic as merchants slash prices, but analysts say that consumer confidence still remains weak as China re-emerges from the pandemic

The Independent UK

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A once-obscure Chinese startup overtakes Shein In US

This time last year, hardly anyone in the U.S. knew what Temu was. Now, as American consumers grapple with runaway inflation, the bargain shopping app backed by a Chinese tech company is on a tear, with sales exceeding rival Shein.

Tribune News Service

What to consider when using Chinese shopping app Temu

There are concerns of the information gathered by Telum, but experts say customers bear the responsibility over the data they hand over.

Who owns Temu? Weapons banned in UK apparently found on shopping app

The Chinese e-commerce site has come under pressure to enhance its verification procedure, get rid of hazardous products, and make independent sellers accountable when security breaches are discovered

Evening Standard

Competition and Weak Chinese Recovery Weigh on JD.com

JD.com (JD ), one of China’s largest online retailers, is struggling this year after rallying to an 8-month high in January. The stock price has fallen nearly -47% from January’s peak on disappointment about China’s uneven recovery from the pandemic and increased competition from other Chinese online retailers. After more...

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As the west tries to limit TikTok’s reach, what about China’s other apps?

As the west tries to limit TikTok’s reach, what about China’s other apps?

With government concerns over national security growing, Beijing’s influence over platforms such as WeChat and Shein could come under scrutiny

The Guardian - UK

The Pinduoduo malware executed a dangerous zero-day against millions of Android devices

The Pinduoduo malware executed a dangerous zero-day against millions of Android devices

Pinduoduo was pulled from the Play Store for allegedly stealing sensitive data and deploying backdoors.

Google tells Android phone users to uninstall app over 'security concerns'

Google tells Android phone users to uninstall app over 'security concerns'

Chinese online retailer app Pinduoduo is no longer available via the Google Play Store

Google urges all Android phone users to uninstall app immediately

Google urges all Android phone users to uninstall app immediately

The e-commerce app has been delisted from the Google Play Store - but people may still have it on their devices

Google warns users to uninstall shopping app as it bans it from Play Store

Google warns users to uninstall shopping app as it bans it from Play Store

It is unclear if there are similar security concerns around the Pinduoduo app for Apple users

Google issues warning urging Android phone users to uninstall shopping app immediately

Google issues warning urging Android phone users to uninstall shopping app immediately

The warning was issued with advice to uninstall the app

Nottingham Post

Google bans hugely popular Android app and warns users to delete it now

Google bans hugely popular Android app and warns users to delete it now

Google has just removed one of the most popular Android apps from its Play Store and is urging millions of people that use it to uninstall the software without delay.

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Android users warned over 'dangerous' app and urged to delete it immediately

Google has issued a warning about the Chinese e-commerce app Pinduoduo as it's no longer available to download from the Play Store.

Popular Chinese shopping app Pinduoduo actually contains malware — delete it now

Everyone loves finding a great deal but the Pinduoduo shopping app is spreading malware to unsuspecting shoppers.

Google blocks Pinduoduo apps from Play Store over malware fears

Chinese ecommerce giant Pinduoduo banned from Google Play Store following over cybersecurity concerns.

The Independent UK

Google suspends Chinese shopping app amid security concerns

Google has suspended the Chinese shopping app Pinduoduo on its app store after malware was discovered in versions of the app from other sources

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Los Angeles Times

First came fast-fashion giant Shein. Now other Chinese brands are gunning for the same success

For nearly two decades, Bowen Tsui's family business in China has made garments to order for foreign clients to sell overseas under their own labels. Now, he believes the company's survival depends on whether it can design, brand and distribute clothing by itself.

4 China Stocks to Buy Right Now

After prolonged isolation, China is reopening its doors to the world, and its leadership is determined to do the needful to revive the economy from its slumber. Hence, it could be the perfect opportunity to invest in growing Chinese stocks Pinduoduo (PDD), Hello Group (MOMO), China Automotive Systems (CAAS), and…

American Bargain Hunters Flock to a New Online Platform Forged in China

As inflation and recession concerns squeeze American consumers, many are turning to a new mobile app with Chinese roots.

Benzinga's Top Ratings Upgrades, Downgrades For October 27, 2022

Looking At Pinduoduo's Recent Whale Trades

Someone with a lot of money to spend has taken a bullish stance on Pinduoduo (NASDAQ:PDD). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Pinduoduo Finds Early Success in U.S. E-Commerce. Now Comes the Hard Part

Key Takeaways: Nearly two months after its launch, Pinduoduo’s cross-border e-commerce Temu app is among the top U.S. e-commerce apps based on new download rankings Despite its early success, the app will face a series of challenges in its target U.S. market, including cutthroat competition and high marketing expenses

This Is What Whales Are Betting On Pinduoduo

A whale with a lot of money to spend has taken a noticeably bullish stance on Pinduoduo. Looking at options history for Pinduoduo (NASDAQ:PDD) we detected 24 strange trades.

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