Chinese e-commerce giant PDD splashes on Super Bowl ad for its Temu U.S. shopping site
Publishing timestamp: 2023-02-13 08:10:34
Summary
Temu, a U.S. shopping app owned by Chinese e-commerce giant PDD Holdings Inc., aired a commercial during the Super Bowl. This effort highlights the company's ambition to crack the U.S. e-commerce market. PDD Holdings Inc. is worth around $116 billion and has quickly gained popularity in the U.S. Other Chinese technology firms, such as ByteDance, are also eyeing a slice of the global e-commerce pie.
Sentiment: POSITIVE
Tickers: PDD, JD, BABA, 9618-HK,
Keywords: alibaba group holding ltd, sports, jd.com inc, technology, nfl super bowl, retail industry, pdd holdings inc, united states, business news,