Users of online group discounter Pinduoduo wave after ringing the opening bell on the Nasdaq Stock Market in New York during an event in Shanghai, China July 26, 2018. Photo: Reuters

Pinduoduo eclipses Baidu to become one of China’s top five most-valuable listed tech firms

  • The search giant’s advertising income has slowed amid challenging macro headwinds and in the face of new competition
Topic |   Alibaba

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Users of online group discounter Pinduoduo wave after ringing the opening bell on the Nasdaq Stock Market in New York during an event in Shanghai, China July 26, 2018. Photo: Reuters
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