Pinduoduo Stock News

The European Commission said on ​Monday it had accepted Chinese online ‌retail platform Temu's action plan to remedy a breach of the EU's Digital Services Act, following a ​fine imposed on the company in May.

China's benchmark CSI 300 dipped into bear market territory today, marking a 20% drop from its June peak. The index, which tracks 300 of the largest stocks listed in Shanghai and Shenzhen, has declined for ten consecutive weeks.

Chinese online retailer Temu has agreed to ​settle data privacy claims ‌raised by Texas and will restrict how the handles ​personal data from ​shoppers in the state, according ⁠to documents reviewed Friday ​by Reuters.

Oct 13 (Reuters) - UK finance minister John Healey is expected to announce that ‌online marketplaces such as Amazon.com, eBay, and Temu.

PDD Holdings reported a 12% decline in net profits in the three months ended June 30, surpassing Wall Street consensus.

PDD's second-quarter revenue missed expectations as the company navigated fierce domestic competition and increased regulatory pressure.

Chinese e-commerce discounter PDD Holdings on Monday reported an 8% rise ​in second-quarter revenue, missing market estimates, hampered by ‌price competition at home and regulatory challenges abroad.