Pinduoduo’s latest aim: sell $145 billion farm produce in 2025

Still working to turn a profit and shake off its fake-goods reputation, China’s e-commerce upstart Pinduoduo set itself another ambitious goal for 2025: surpass 1 trillion yuan or $145 billion annual gross merchandise volume of agricultural products. The announcement arrived with the company’s Q2 results […]

Google’s parent Alphabet too eyed TikTok – only for a brief while TikTok

Ever since TikTok was banned in India and shortly thereafter in the United States, the Chinese company has made news. For, the world’s top enterprises, ranging from Microsoft to Twitter and Oracle to Reliance Jio, emerged as prospective buyers with the latest to admit to […]