The rise of Chinese e-commerce giants Pinduoduo and Temu is under scrutiny due to their mysterious operations and financial secrecy. Questions have been raised about Temu's parent company, Pinduoduo, including the absence of a chief financial officer and discrepancies in staff levels and research spending. The companies' valuation on the American stock market, exceeding $150 billion, has sparked concerns among investors.
The mysterious rise of the Chinese ecommerce giant behind Temu https://t.co/h9j7YWIWCL via @ft did researchers with short calls on PDD inspire this article?
Excellent FT article detailing 🚩 🚩 in PDD/Temu. +3 more… as US-listed Chinese company (1) officers are exempt from disclosing their trades (no Form 4s), (2) exempt from @NASDAQ board independence requirements, & (3) exempt from Reg FD! https://t.co/cv2tfz4x0w
Remember those Super Bowl ads for Temu? @FD has some questions about the company behind the ecommerce phenomenon, via @FT https://t.co/lL4mguo0um
Has there ever been a weirder company to be valued at more than $150bn on the American stock market? Here's my dive into the Chinese agricultural group behind Temu, and the most ambitious retail expansion the world has ever seen. https://t.co/t7iF2rfFEw
The mysterious rise of the Chinese ecommerce giant behind Temu https://t.co/s0QV4lkRIu
Good lord. This sounds like a future train wreck of epic proportions. The mysterious rise of the Chinese ecommerce giant behind Temu https://t.co/FZJ0jpsJn5
"They would also draw a blank attempting to direct questions to a chief financial officer. PDD doesn’t have one. Instead it is on its fourth “vice-president of finance” since the 2018 initial public offering" Essential reading from @FD on Temu-owner PDD https://t.co/PGdsJpD0td
So many questions about the rise of Temu and its parent PDD are raised here in this investigation by @FD. Meticulous, great journalism. For example, why does PDD look like much smaller peers when staff levels and research spending are compared? https://t.co/CUGQBCZS2n
The rise of Pinduoduo and Temu: profits and secrets | FT Film https://t.co/K8wbtHS0MA via @FT
A deep dive into PDD's finances and operations, which are shrouded in secrecy and raise questions about US investors' confidence in Temu's parent company (Financial Times) https://t.co/wshiIlPTS7 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/jy06iVjbVp
WATCH - The rise of Pinduoduo and Temu: profits and secrets | FT Film https://t.co/lRB1kp1Oc2 via @FT @tom_griggs @fd @EleanorOlcott @rwmcmorrow
Heard of Temu but never really understood what it's about? Read on and watch our film Pinduoduo, money and mystery. The mysterious rise of the Chinese e-commerce giant behind Temu https://t.co/i51PJq2N8A via @ft
The mysterious rise of the Chinese e-commerce giant behind Temu https://t.co/fbOvZr0rYa
The rise of Pinduoduo and Temu: profits and secrets | FT Film https://t.co/AWkC5HDv5V
https://t.co/L1k1xim1H5’s Earnings Are Coming. It Could Make a Difference for Alibaba and Temu. https://t.co/aP6vw4On1d