JD.com's billionaire founder tells employees not to 'lie flat' as Temu-owner PDD catches up to him and Alibaba founder Jack Ma

JD.com's billionaire founder tells employees not to 'lie flat' as Temu-owner PDD catches up to him and Alibaba founder Jack Ma

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China’s newest online shopping giant got its start as an online platform that offered “group buying” and connected farmers directly with urban consumers. Now Pinduoduo, which rebranded to PDD Holdings earlier this year, is worrying two of China’s biggest e-commerce brands. Richard Liu, the founder…

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