PDD Holdings‘ value-for-money strategy and the rapid growth of its Temu marketplace have propelled the tech giant to the forefront of China’s e-commerce market, making it the most valuable company in the segment, according to analysts. On Wednesday, PDD Holdings reported stellar first-quarter results, driving its shares up by as much as 7.5% and pushing … Continue reading How PDD, Temu’s Parent, Surpassed Alibaba as China’s Top E-Commerce Giant