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Alibaba Rival Praised By Jack Ma Faces Investor Doubt As Whales Place Bearish Bets In Options Surge
Monday, December 11, 2023 - 8:43am | 593The recent frenzy surrounding the stock options of PDD Holdings (NASDAQ:PDD) has raised eyebrows among market observers. The latest developments suggest that a considerable portion of investors are betting on a bearish market sentiment. What Happened: Whales, or wealthy investors, have shown a...
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Jack Ma Calls For Alibaba's Strategic Shift, Lauds Rival PDD's Moves In An Internal Memo
Wednesday, November 29, 2023 - 5:21am | 670Alibaba Group Holding Ltd.’s (NYSE:BABA) co-founder, Jack Ma, has urged the company to alter its course of operations, as per an internal memo. He also expressed admiration for the strategic decisions made by a rival company, PDD Holdings Inc (NASDAQ:PDD). What Happened: Ma, took a step back...