It doesn’t have a dedicated heading in the Connected Economy, but the Buy Now, Pay Later sector of the “pay and get paid” pillar tore...
PDD Holdings, owner of eCommerce firm Temu, is reportedly sitting on $38 billion in cash. That’s the largest cash position of any listed company that...
Chinese eCommerce company Temu is reportedly looking beyond the United States for business growth. Temu, which had invested billions of dollars in the American market, is now...
The CE 100 Index was 1% higher on the week, as a majority of pillars finished in the black. Porch Group soared 14%, powering the...
PDD Holdings, the multinational commerce group that owns and operates shopping platforms Pinduoduo and Temu, saw its revenue double year-over-year as consumers sought “value for money.”...
The CE 100 Index lost 1.2% as the end of earnings season is in sight. Year to date, the Index has trailed several of the...
The third quarter winds its way into the last few weeks of its final month. And in the latest weekly showing, the CE 100 Index...
All AI. All the time, it seems. The CE 100 Index headed into a shortened holiday week with only slight gains, up 0.5%. And as...
China’s PDD Holdings is the latest company feeling the effects of the country’s COVID recovery. On Monday (March 20), the eCommerce firm released quarterly and full-year earnings showing its...