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Pinduoduo Stock Skyrockets after Alibaba’s Antitrust Proceeding
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Pinduoduo Stock Skyrockets after Alibaba’s Antitrust Proceeding

Dec 31, 2020
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Pinduoduo Stock Skyrockets after Alibaba’s Antitrust Proceeding
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(Source: iyiou.com)

China’s largest interactive e-commerce platform Pinduoduo (拼多多) has been on the rise for the past few months. By Dec. 30 at 9:00 p.m. EST, Pinduoduo’s share price rose by 7.77% to $179.11 and its market value reached 219.647 billion, surpassing food delivery site Meituan’s $218 billion. After Tencent and Alibaba, Pinduoduo is now the …

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