China’s second-richest man blasts Pinduoduo for hurting brands with cutthroat pricing

SCMP | Nov. 21, 2024, 7 a.m. | Original
The founder of bottled water company Nongfu Spring called Pinduoduo a main contributor to aggressive pricing causing ‘huge harm for Chinese brands’.
Chinese supercomputer tops global computing efficiency list as race on for AI dominance China’s No 2 foundry to make legacy chips for Europe’s STM, serving mainland auto market