PDD(US:PDD) 创业邦·2025-08-10 10:17Key Points - SHEIN and Temu have captured a combined market share of 3.6% in South Africa's retail, apparel, textiles, footwear, and leather (CTFL) market, with sales reaching 7.3 billion Rand (approximately 405 million USD) in 2024 [5] - SHEIN alone holds 28% of the online CTFL sales for women in South Africa, while local retailers' market share has slightly decreased from 75.3% in 2011 to 74% in 2024 [5] - Temu has joined the International Trademark Association (INTA) to strengthen its compliance and lobbying efforts [9] - In Q1 2024, Temu's parent company PDD Holdings reported a net profit of 1.474 billion RMB (approximately 204.9 million USD), a 47% year-over-year decline, while revenue grew by 10% to 95.672 billion RMB (approximately 13.297 billion USD) [10] - Temu's active users in Southeast Asia reached 22 million by June 2024, with significant growth in the Philippines and Thailand [10] - TikTok is testing local lifestyle-related services in the U.S. by partnering with Booking.com, allowing users to book hotels directly through the platform [11][13] - Saudi Arabia's Othaim supermarket chain has joined Alibaba's AliExpress, enabling consumers to order various products online [14][16] - Heytea has expanded its overseas store count over sixfold in the past year, now exceeding 100 locations, while also closing some stores [19][21] - Meituan's Keeta has rapidly expanded in Saudi Arabia, covering 20 cities and achieving a 10% market share in the food delivery sector [22][24] - Xiaomi has become the second-largest smartphone brand in Europe, with a market share of 23% after a 11% growth in Q2 2025 [25][28] - Sweetlala has opened three new stores in Bali, Indonesia, and plans to extend its market reach to Europe and the Middle East [32][34] - Tencent led a funding round for Uzbekistan's fintech company Uzum, valuing it at 1.5 billion USD [50][52] - Luma AI's valuation has surged nearly 13 times to at least 3.2 billion USD within a year [53][55] - Naver is acquiring Spain's second-hand trading platform Wallapop for 377 million euros [59][61] - Anta is reportedly acquiring Reebok's China business, furthering its international expansion strategy [62][64]