Is Pinduoduo Stock a Better Buy Than Alibaba?

By Neil Rozenbaum – Mar 20, 2024 at 9:30AM

NASDAQ: PDD

PDD Holdings

Market Cap

$172B

Today's Change

(2.80%) $3.52

Current Price

$129.31

Price as of April 26, 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 2.80%) recent earnings report and what this means for Alibaba investors amid the controversies around a potential TikTok ban/divesture.

*Stock prices used were from the trading day of March 19, 2024. The video was published on March 20, 2024.

Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool recommends Alibaba Group. 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.