Source: Tech – South China Morning PostIn a seismic shift for the global retail landscape, Temu, the budget shopping platform owned by PDD Holdings, has caught up with Amazon.com in cross-border market share globally.
The platform, which launched in 2022, saw its share surge from less than 1 per cent then to 24 per cent last year, on par with American giant Amazon, according to a survey published by International Post Corporation (IPC), an association of 26 national postal services in Europe, Asia-Pacific and North America.
Amazon’s…Read More