Online & Digital
Temu owner sales rocket 131% in Q1
Sales more than doubled largely due to an increase in revenues from its online marketing services and transaction services
The owner of Temu, PDD Holdings, has welcomed a strong first quarter of trading as sales rocketed 131% to RMB86.8bn (£9.4bn), up from RMB37.6bn (£4bn) the prior year.
You'll need to
subscribe to unlock this content. Already subscribed? Login?
