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Temu parent PDD Holdings achieves strong Q3 results

Temu parent, PDD Holdings Inc. reported a solid third quarter for 2025, posting increased revenues and earnings despite what executives described as a more competitive and uncertain operating environment. Total revenues rose 9 percent year-on-year to 108.28 billion yuan (15.21 billion dollars), driven by continued growth in online marketing...

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Business

JoyBuy arrives in France: JD.com's risky bet on a saturated European e-commerce market

Chinese giant JD.com is relaunching its JoyBuy marketplace in France, with the ambition of competing against AliExpress, Temu and Shein. After an initial failure in 2015, the group is returning with a more structured offering. The saturated and demanding European market will not forgive any logistical inaccuracies or vague positioning. Behind...

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