Pinduoduo has enough $$$ to fund Temu’s Southeast Asia expansion, and...
On Tuesday (29 Aug), PDD Holdings, parent company of Pinduoduo and Temu, released its Q2 2023 results.
Investors responded positively, sending the share prices up...
Behind TikTok’s consignment ecommerce model: Progressing amidst chaos and disorder?
This article was originally published in Chinese by Yao Dan of Leiphone, translated and republished with the author’s permission. You can refer to Momentum...
Temu has entered Southeast Asia, challenging Shopee, Lazada & TikTok Shop
Starting from the Philippines
Will TikTok Shop overtake Shopee?
Over the last year, TikTok Shop has shown incredible growth, especially in Southeast Asia. TikTok Shop expanded from Indonesia to all 6 major Southeast...
[New report] The TikTok Shop Playbook
Over the last year, TikTok Shop has shown incredible growth and has a presence now in 9 markets, including all major markets in Southeast...
SEA shares dropped almost 30% after Q2 earnings, here are our...
Last night (15 August), Sea Group released their 2023 Q2 results. Again, profitable; again, missing consensus revenue/EPS targets.
Investor confidence seems to have taken a...
Seeing the unseen: How to predict China’s economy?
I took this photo last week in Nanjing, a second-tier city of 8.5 million people in China’s eastern Jiangsu Province:
The photo was taken...
Temu enters South KoreaÂ
In June, Temu sent out a survey to its sellers asking which platforms they are already using in Japan, Korea and Southeast Asia.Â
Soon after,...
Inside SHEIN: the founder’s top lieutenants
This article was originally published in Chinese by Runze Dai of Leiphone, translated and republished with the author’s permission. You can also refer to...
Behind the scenes of Carsome’s used car operations
One of the most well-received insights reports from Momentum Works was Used car platforms in Southeast Asia report published in 2020.Â
In the report we...