KUALA LUMPUR (Aug 22): The shopping platform Pinduoduo arrived on Malaysian shores in December 2025. In just nine months, it has climbed to the top of the iOS shopping charts, undercut local prices, and made even Shopee, TikTok Shop and Lazada sit up and take notice.

With its targeted campaign, the platform offered consumers everything from household goods to snacks at a fraction of local prices. Right as cost-of-living pressures were biting hardest, the pitch was simple: rock-bottom prices, free shipping, and a gamified shopping experience that keeps users coming back.

But retailers’ concerns are growing over an uneven playing field, and even politicians call for a suspension. The question remains: can local businesses compete in an uneven playing field?

Read more in The Edge's Cover Story 1 in this week's issue.

In Cover Story 2, we take a closer look at the Genting Group.

Genting Malaysia Bhd’s (KL:GENM) big bet on the whopping US$5.5 billion (RM22.2 billion) Resorts World New York City (RWNYC) casino appears to be paying off 16 weeks into its relaunch. 

Last December, the hospitality and casino operator was awarded a full gaming licence by the New York Gaming Facility Location Board. 

The first phase of RWNYC was opened several months ahead of schedule on April 28 this year. As the property was already in place, having previously operated exclusively with video lottery terminals and electronic table games, Genting Malaysia was able to move quickly to deploy table games and additional slot machines at RWNYC. 

“RWNYC also has the first mover advantage, with the property expected to operate without direct casino competition until 2030,” says Genting Malaysia’s parent Genting Bhd (KL:GENTING) in an email reply to The Edge.

Genting has a 73.83% stake in Genting Malaysia.

Gross game revenue has been consistently above US$30 million a week since the week ended July 5. 

Whether or not RWNYC can keep up the momentum, only time will tell. However, the Genting group's record in the US has not been rosy so far. 

Separately, The Edge also looks at Genting and its growing debt which has been weighing its stock price down. 

Grab your copy of The Edge Malaysia this week to read more about it. 

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