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...
Temu has entered Southeast Asia, challenging Shopee, Lazada & TikTok Shop
Starting from the Philippines
Our thoughts on Grab’s 2023 Q2 earnings
On Wednesday, Grab released its Q2 2023 results. Overall the company made good continuous progress towards profitability, with steady growth in GMV for both...
China Immersion: How teddy bears are involuting the retail scene
During our recent Momentum Academy China Leadership Immersion, we visited Mixc to understand the current retail landscape.
We hear a lot about "involution" or "卷“...
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...
GoTo’s 2023 Q2 results and declining GTV
On Tuesday (15 August), GoTo released its Q2 earnings, on the same day as Sea Group. Despite reporting negative growth in GTV and revenue...
Momentum Works inks strategic collaboration with Qianhai International Talent Hub
Shenzhen, August 4, 2023 - Momentum Works and the Qianhai International Talent Hub entered into a strategic cooperation agreement.
The agreement was signed by Jianyue...
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...
