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Alibaba's Market Value Surpasses Pinduoduo's in the US Stocks Market

By:Emma

TapTechNews August 23rd news, at 21:30 Beijing time on August 23rd, the US stocks opened. Pinduoduo dropped by more than 3%, and Alibaba rose by more than 2%, and its market value exceeded that of Pinduoduo.

Alibabas Market Value Surpasses Pinduoduo's in the US Stocks Market_0

Alibabas Market Value Surpasses Pinduoduo's in the US Stocks Market_1

As of the TapTechNews posting, Alibaba's stock price rose by 2.95%, and its market value reached 200.1 billion US dollars (TapTechNews note: currently about 1.43 trillion yuan); Pinduoduo's stock price fell by 4.39%, and its market value was 195.4 billion US dollars (currently about 1.4 trillion yuan).

Before the market opened, Pinduoduo's market value was 204.4 billion US dollars (currently about 1.46 trillion yuan), and Alibaba's market value was 200.6 billion US dollars (currently about 1.43 trillion yuan).

Alibaba Pinduoduo US stocks market value

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