The push by Pinduoduo to lower prices has helped it become one of China’s fastest-growing e-commerce apps, and epitomizes a broader force plaguing the economy.
Related Posts
Supreme Court Rules Against Makers of Flavored Vapes Popular With Teens
The justices handed a win to the Food and Drug Administration in its rejection of applications from makers of flavored liquids used in e-cigarettes.
Boomers Could Cause a ‘Silver Tsunami.’ Is It a Crisis or an Opportunity?
The impending wave of an aging U.S. population is either a crisis or an opportunity … depending on whom you ask.
Trump’s Tariffs Hit Garment Makers in Bangladesh and Sri Lanka Hard
The industry supplies low-cost clothing to the United States, and is a crucial part of the Asian countries’ economies.