Pinduoduo Stock News

Analysts at DBS Bank estimate that the company's share of the Chinese e-commerce market fell to 42% in 2023 from 52% in 2021.

The Vietnamese government said it will block the internet domains and apps of Chinese online retailers Shein and Temu in the country if they have not registered their operations with the trade ministry before the end of November.

China-focused exchange-traded funds (ETFs) and stocks of Chinese companies listed on U.S. exchanges are falling in premarket trading Friday, after Beiing's latest stimulus package aimed at boosting the country's sluggish economy disappointed investors.

This story is part of Forbes' coverage of China's Richest 2024. See the full list here.

Chinese online retailer Temu is considering joining a group of ecommerce platforms and brands that collaborate to prevent the sale of fake products online in Europe, according to a meeting agenda seen by Reuters.

The European Union (EU) has launched an official investigation into Temu, the e-commerce platform run by Chinese-owned PDD Holdings Inc., over allegations that it has failed to prevent the sale of illegal products. The probe could result in significant fines for the platform, as European regulators tighten their oversight of online marketplaces.

Since Aug. 31, a key China ETF has surged 22% through Monday's action.

Chinese stocks are dirt cheap, but are they a buy?