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 is nearly $185 billion, while Alibaba's market cap is nearly $184 billion. Chinese tech giant Alibaba hasn't had the easiest time in the past three years. Alibaba — and its larger-than-life cofounder,…
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