Under the new consumption environment, Pinduoduo turned to necessities to find growth, and many Temu level 1 and 2 supervisors went back to China to buy more groceries. Its core management also began to pay direct attention to this old business. Duoduo Grocery Shopping's revenue is expected to exceed 400 billion yuan this year, generating profits of tens of billion yuan.

Zhitongcaijing · 2d ago
Under the new consumption environment, Pinduoduo turned to necessities to find growth, and many Temu level 1 and 2 supervisors went back to China to buy more groceries. Its core management also began to pay direct attention to this old business. Duoduo Grocery Shopping's revenue is expected to exceed 400 billion yuan this year, generating profits of tens of billion yuan.