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Temu parent PDD takes Alibaba spot as China s most valuable e-commerce firm

PDD Holdings reported stellar first-quarter results last week, sending its shares surging and driving its market-cap past that of rival Alibaba Group.

How Temu parent PDD dethroned Alibaba to become China s most valuable e-commerce company

PDD Holdings reported stellar first-quarter results last week, sending its shares surging and driving its market-cap past that of rival Alibaba Group.

PDD Stock Jumps Following Strong Q1 Earnings For Temu Owner

PDD stock gained Wednesday, after the Chinese e-commerce giant behind Temu crushed first quarter earnings estimates.

Alibaba Shares Rise as Investors Grow Confident in Long-Term Outlook

By Tracy Qu Alibaba shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release. Shares were 7.0% higher at HK$85.30 Friday,.

Alibaba, navigating sea change, reorients business towards bread-and-butter e-commerce and AI, pares down overhaul

Alibaba, navigating sea change, reorients business towards bread-and-butter e-commerce and AI, pares down overhaul
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