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China's Pinduoduo, JD.com among 5 summoned over false advertising

Chinese e-commerce giants Pinduoduo and JD.com were among five major platforms summoned on Thursday for talks over misleading advertising, Beijing's market watchdog said. Social media sites Douyin and RedNote, along with Alibaba-owned e-commerce platform Taobao, were also summoned. The talks with company representatives, held by the Beijing...

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Business

Temu is Shein's new ultra fast fashion competitor

The Super Bowl, America’s championship game of the National Football League (NFL), is an advertiser’s dream. The biggest live sporting event in the U.S. has an unrivalled audience and extremely broad demographic. Rihanna may have wowed in the half time performance, but it was the debut of newcomer Chinese social shopper platform Temu, who took...

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