Will's Blog: Analysis: Temu and Pinduoduo parent PDD, whose shares are up 109% in the past year, has a ~$208B market cap, compared with Alibaba's $196B and JD.com's $48B (Sheila Chiang/CNBC)

29 May 2024

Analysis: Temu and Pinduoduo parent PDD, whose shares are up 109% in the past year, has a ~$208B market cap, compared with Alibaba's $196B and JD.com's $48B (Sheila Chiang/CNBC)

Sheila Chiang / CNBC:
Analysis: Temu and Pinduoduo parent PDD, whose shares are up 109% in the past year, has a ~$208B market cap, compared with Alibaba's $196B and JD.com's $48B — PDD's value-for-money positioning and growth of its Temu marketplace has helped the tech giant lead China's e-commerce arena …

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