Pinduoduo Gives Investors Access to China's E-Commerce Market
What Delisting Means for Alibaba, China, and You
On September 27, Bloomberg reported that Trump administration officials were discussing putting controls on China investments by US companies and funds.
Pinduoduo Founder Colin Huang Exits CEO Post, Cuts His Stake
In addition to stepping down from the CEO post, Colin Huang also cut his stake in Pinduoduo stock to 29.4% from 43.3%.
JD Highlights New Risks before Hong Kong Listing
JD.com’s (NASDAQ:JD) Hong Kong listing is approaching quickly. Notably, the shares will likely start trading in Hong Kong on June 18.
Why Do Investors Like China’s Pinduoduo Stock?
Lately, investors have flocked to Pinduoduo (NASDAQ:PDD) stock. The shares have risen more than 50% over the past month to trade at $52.
Pinduoduo Stock Plummets on Earnings Miss
Pinduoduo (PDD) stock fell more than 20% in early trading today. The Chinese e-commerce stock is trading at $32.50, 28% below its 52-week high.
Alibaba’s Kaola Acquisition: Why It’s Spending $2.0 Billion
Alibaba (BABA) is purchasing Kaola, NetEase’s cross-border e-commerce business, for $2.0 billion, Chinese news outlet Caixin reported on August 16.
Why Alibaba Stock Fell after Pinduoduo’s Earnings Report
Alibaba stock dropped 1.90% on August 22 after a 1.11% fall on August 21. The decline came after its competitor Pinduoduo reported strong earnings results.
Alibaba Rival Pinduoduo Ventures into Car Sales
This month, Pinduoduo (PDD) began selling vehicles on its online shopping platform.