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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.

Temu's Parent PDD Trades Near Cheapest Level Ever as Geopolitical Risks Bite

(Bloomberg) Shares of Temu parent PDD Holdings Inc. are being held back by geopolitical risks and fierce competition in China’s e-commerce sector.Most Read from BloombergIsraeli Airstrike, Egyptian Guard’s Death Ratchet Up TensionsWall Street Moves to Fastest Settlement of Trades in a CenturyFor Private Credit's Top Talent, $1 Million a Year Is Not EnoughMusk’s xAI Raises $6 Billion in Bid to Challenge OpenAICatering to the Ultra-Rich Is a Booming Business in AustraliaGranted, it US-listed st

Temu's parent PDD trades near cheapest level ever as geopolitical risks bite

Temu, Pinduoduo parent PDD trades near cheapest level ever as tech war, Alibaba rivalry deter investors