Logo 29 Nov 2021

Is it crackdown, or market saturation?

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Trivium Tech keeps you briefed on the latest developments in China tech policy.

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Last Friday, Pinduoduo became the latest Chinese tech giant to report a disappointing quarter:

Both the speed of revenue and user growth slowed significantly.

One obvious potential culprit: The ongoing tech crackdown.
But there's another possibility: Big techs - Pinduoduo included - may be reachi...