By Summer Zhen HONG KONG (Reuters) – Some of Asia’s largest hedge funds scooped up large stakes in Chinese e-commerce giant Pinduoduo in the third quarter while cutting holdings in …
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BEIJING (Reuters) – Chinese e-commerce giant Pinduoduo plans to launch a cross-border e-commerce platform next month which will target the United States as its first market, a source with direct …
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By Sophie Yu and Josh Horwitz BEIJING – For more than a decade, Alibaba Group has been China’s undisputed e-commerce king but of late its crown has shown signs of …