Breakingviews TV: China shop

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E-commerce giant Pinduoduo turned profitable in the second quarter as it slashed subsidies amid Beijing's tech crackdown. Slowing growth, a hefty philanthropic pledge and stiff competition will make the trend hard to sustain, argues Yawen Chen. #Pinduoduo #News #Reuters Subscribe: Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled. Get the latest news on: Follow Reuters on Facebook: Follow Reuters on Twitter: Follow Reuters on Instagram:
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