PDD Has Overtaken Alibaba As China’s Most Valuable E-Commerce Company
Temu’s parent company, PDD Holdings, is currently more valuable than Alibaba. PDD’s market cap overtook Alibaba a day after Jack Ma praised the rival ecommerce upstart. PDD’s market cap is nearly $185 billion, while Alibaba’s market cap is nearly $184 billion. Loading Something is loading. Thanks for signing up! Access your favorite topics in a…