In this video, I will go over Pinduoduo's (PDD +0.15%) recent earnings report and what it means for Alibaba (BABA +0.18%).
*Stock prices used were from the trading day of Aug. 26, 2024. The video was published on Aug. 26, 2024.
Pinduoduo Stock Plummets -- Is This Good News for Alibaba Stock Investors?
By Neil Rozenbaum – Aug 27, 2024 at 7:00AM EST
NYSE: BABA
Alibaba Group
Market Cap
$340B
Today's Change
(0.18%) $0.27
Current Price
$151.23
Price as of December 23, 2025 at 4:00 PM ET
Alibaba's big competitor is now facing major headwinds.
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Stocks Mentioned
Alibaba Group
NYSE: BABA
$151.23 (+0.00%) $+0.27
PDD Holdings
NASDAQ: PDD
$112.08 (+0.00%) $+0.17
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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