Did the market value of US stocks in Pinduoduo ever surpass Alibaba?

Beyond. According to the Beijing Daily, the dispute over the market value of e-commerce platforms is undergoing major adjustments. As of the evening of June 5438+February 65438+April 2023, Pinduoduo surpassed Alibaba for the first time in intraday trading and became the largest Chinese stock in the US stock market. Pinduoduo's share price rose continuously after the US stock market opened. Subsequently, Pinduoduo once rose by over 4%, and the intraday market value reached192.4 billion US dollars, and Alibaba reached 65,438.