Posted inAmazon.com Inc China Consumer Behavior Discount Selling E-Commerce Economic Conditions and Trends JD.com Pinduoduo (Mobile App) Prices (Fares, Fees and Rates) Shopping and Retail Taobao Temu (Website)
How E-Commerce Is Making China’s Deflation Worse
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.