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Temu-owner PDD spooked China's e-commerce giants last year with its low prices. Now the upstart has almost doubled its annual profits

By A Mystery Man Writer

Pinduoduo and Temu, both owned by PDD Holdings, is winning over customers in both China and the U.S. through low prices.

Temu-owner PDD spooked China's e-commerce giants last year with its low prices. Now the upstart has almost doubled its annual profits

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Temu-owner PDD spooked China's e-commerce giants last year with its low prices. Now the upstart has almost doubled its annual profits

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Temu-owner PDD spooked China's e-commerce giants last year with its low prices. Now the upstart has almost doubled its annual profits

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Temu-owner PDD spooked China's e-commerce giants last year with its low prices. Now the upstart has almost doubled its annual profits

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Temu-owner PDD spooked China's e-commerce giants last year with its low prices. Now the upstart has almost doubled its annual profits

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Temu-owner PDD spooked China's e-commerce giants last year with its low prices. Now the upstart has almost doubled its annual profits

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Temu-owner PDD spooked China's e-commerce giants last year with its low prices. Now the upstart has almost doubled its annual profits

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Temu-owner PDD spooked China's e-commerce giants last year with its low prices. Now the upstart has almost doubled its annual profits

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Temu-owner PDD spooked China's e-commerce giants last year with its low prices. Now the upstart has almost doubled its annual profits

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Temu-owner PDD spooked China's e-commerce giants last year with its low prices. Now the upstart has almost doubled its annual profits

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