Is Pinduoduo Coming After Alibaba's Lunch?

By Neil Rozenbaum – May 29, 2023 at 5:03PM

NASDAQ: PDD

PDD Holdings

Market Cap

$151B

Today's Change

(-0.18%) -$0.21

Current Price

$113.49

Price as of April 19, 2024, 4:00 p.m. ET

Last quarter's results were much better than expected.

In this video, I will go over Pinduoduo's (PDD -0.18%) recent earnings report and what this means for Alibaba going forward.

*Stock prices used were from the trading day of May 26, 2023. The video was published on May 28, 2023.

Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.