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PDD Holdings, home to the rising cross-border online discount platform, has reported a year-on-year increase of over 90% in revenue, amounting to $9.44 billion in Q3. Temu has come under the spotlight of many online retailers since the platform rose to the top of app stores in the US in just a few weeks and has now gained a presence in 48 countries, including the U.K., Spain, and Australia. While PDD has not disclosed the breakdown of Temu’s performance, it is expected that Temu was the major driver for its revenue growth.

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Our global analysts share their opinion on grocery retail news from across the globe. Love pumpkin spice, but food waste isn’t nice – Michela Kerbaker, Insight Analyst I always enjoy seeing children trick-or-treating on Halloween and appreciate the value to both shoppers and the industry of these types of events. IGD recently published a report on Halloween execution in stores, and ther...
Roundup of the recent strategic initiatives and promotions for Singles’ Day led by China’s leading ecommerce giants. Ecommerce rivals compete for Singles’ Day success This year’s Singles’ Day Shopping Festival (also referred as 11.11 or Double 11) unfolds amidst global economic uncertainty, with shoppers seeking value-for-money products. High-income shoppers still value brands and new produ...
Canada’s leading retailer, Loblaw, has developed its own protected gateway, enabling it to leverage the capabilities of generative AI. Text and image generation Garfield has been developed to allow the retailer’s colleagues to interact with Large Language Models (LLMs) in a safe and secure environment. The retailer wanted to leverage the potential of new and emerging LLMs such as ChatGPT an...


In this presentation we look at the regional and country forecasts for grocery retailing to 2028.
See how the leading warehouse clubs in China are evolving. We explore how Freshippo X and Sam’s club showcase value, quality, and variety while keeping up with the latest shopper demands.
The most innovative new concepts from the global eating out market this year.

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China Country Presentation

A guide to China’s grocery market and how we expect the country, its leading retailers and channels to evolve over the next five years.

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