It's Chinese owner Pinduoduo is competing at the low value market with Alibaba, while JD is competing with Alibaba on the higher value market.
Pinduoduo is going through the hypergrowth expansion phase right now to compete with Alibaba now that they have become complacent after Jack Ma did some scummy stuff at Ant Group.
Will it make Amazon nervous? Then I kind of like it...
Also, is wish.com the same thing as temu, or basically the same thing? I mean, there's some tungsten ring for 50 cents on it that like another poster I might buy that and 20$ of other things just to see what actually arrives.
alephnerd|2 years ago
Kinda.
It's Chinese owner Pinduoduo is competing at the low value market with Alibaba, while JD is competing with Alibaba on the higher value market.
Pinduoduo is going through the hypergrowth expansion phase right now to compete with Alibaba now that they have become complacent after Jack Ma did some scummy stuff at Ant Group.
ericjmorey|2 years ago
blamarvt|2 years ago
AtlasBarfed|2 years ago
Also, is wish.com the same thing as temu, or basically the same thing? I mean, there's some tungsten ring for 50 cents on it that like another poster I might buy that and 20$ of other things just to see what actually arrives.
teamonkey|2 years ago