|Bid||72.91 x 1400|
|Ask||72.92 x 1800|
|Day's Range||72.48 - 73.58|
|52 Week Range||72.12 - 121.30|
|Beta (5Y Monthly)||0.60|
|PE Ratio (TTM)||10.36|
|Earnings Date||Feb 21, 2024 - Feb 26, 2024|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||126.91|
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Zacks.com users have recently been watching Alibaba (BABA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
JD.com (NASDAQ: JD) and PDD Holdings (NASDAQ: PDD) -- better known as Pinduoduo -- are China's second- and third-largest e-commerce companies, respectively, after Alibaba (NYSE: BABA). JD, which was founded in 1998, flourished in Alibaba's shadow by building a massive first-party logistics network and taking on its own inventories instead of relying on third-party sellers. Pinduoduo, founded in 2015, initially carved out a niche with its discount marketplace for China's lower-tier cities before launching the country's largest online agricultural marketplace for farm-to-table produce.
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