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Investors Bet Thriftier Chinese Shoppers Are Here to Stay
Keywords: Value For Money China Shopping 2023,
Tags: Current Focus, China, Retail,
Value for money is dominating China's shopping in 2023, says this WSJ report. Pinduoduo sales have increased 66% to $7.2 billion for second quarter 2023. It sells groceries, apparel, electronics at prices lower than other retailers.
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