In China, the insolent success of the Pinduoduo group (Temu) threatens Alibaba’s empire

Huang Zheng, the founder of PDD, embodies a new generation of Chinese “serial entrepreneurs” for whom the world’s leading online marketplace is no longer enough, and who are unashamedly setting out to conquer the world.

https://www.lefigaro.fr/conjoncture/en-chine-l-insolente-reussite-du-groupe-pinduoduo-temu-vient-bousculer-l-empire-d-alibaba-20240209