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Caixin Global China Watch
Caixin Global China Watch
China’s Faltering Recovery Is Good for Business — at Least if You’re Pinduoduo

China’s Faltering Recovery Is Good for Business — at Least if You’re Pinduoduo

PDD, the company behind the online discounter, reported surging first-quarter revenue, due in a part to its role as a reseller of goods that other merchants need to offload

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Caixin Global
Jun 16, 2023
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Caixin Global China Watch
Caixin Global China Watch
China’s Faltering Recovery Is Good for Business — at Least if You’re Pinduoduo
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A struggling economy isn’t usually good for business, but there’s one Chinese company that can chalk up at least some of its recent success to China’s stalling recovery.

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