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Sensor Tower: Pinduoduo's marketplace Temu gained 10.8M installations in the US since Sep. 1, and became the most downloaded US app between Nov. 1 and Dec. 14 (Shen Lu/Wall Street Journal)

[ad_1] Shen Lu / Wall Street Journal: Sensor Tower: Pinduoduo’s marketplace Temu gained 10.8M installations in the US since Sep.…

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Baidu EVP Dou Shen downplays the impact of US semiconductor restrictions, after the company stockpiled parts, and says its AI business would benefit long term (Shen Lu/Wall Street Journal)

[ad_1] Shen Lu / Wall Street Journal: Baidu EVP Dou Shen downplays the impact of US semiconductor restrictions, after the…

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As Chinese consumers become thrifty amid an economic slowdown, Insider Intelligence forecasts just 9.1% increase in e-commerce sales in 2022, lowest since 2008 (Shen Lu/Wall Street Journal)

[ad_1] Shen Lu / Wall Street Journal: As Chinese consumers become thrifty amid an economic slowdown, Insider Intelligence forecasts just…

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