Holding company of Chinese online retail giants moves its HQ to Dublin

Move comes amid continuing tensions between Beijing and Washington

Qin Sun is president of PDD subsidiary Temu, a major online marketplace that targets consumers in the US and Europe. Photo: VCG via Getty Images© VCG via Getty Images

John Mulligan

The holding company of Chinese e-commerce giant Pinduoduo has shifted its headquarters to Ireland from Shanghai amid rising global geopolitical tensions.