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Benzinga
Benzinga
World
Surbhi Jain

Alibaba Vs. PDD: A Grim Showdown In Chinese E-Commerce Stocks

Alibaba Group Holding Ltd (NYSE:BABA) (NYSE:BABAF) and PDD Holdings Inc (NASDAQ:PDD) were once the shining stars of China's e-commerce universe, but recent performance metrics suggest they're caught in a gravitational pull downward.

Let's dive into the tale of two stocks that seem to be competing for the title of ‘most bearish trend.’

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