Bloomberg reports that Alibaba's value dropped by as much as 1.4% in Hong Kong, bringing its market worth to about $187 billion. If this trend continues until closing, Alibaba could lose its title as China's top ecommerce company to the rising star, Pinduoduo.
What’s Up with Alibaba and Jack Ma?
What’s Up with Alibaba and Jack Ma?
What’s Up with Alibaba and Jack Ma?
Bloomberg reports that Alibaba's value dropped by as much as 1.4% in Hong Kong, bringing its market worth to about $187 billion. If this trend continues until closing, Alibaba could lose its title as China's top ecommerce company to the rising star, Pinduoduo.