Breakingviews TV: China shop

3 monate vor


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: http://smarturl.it/reuterssubscribe 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: http://reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on Twitter: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en
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