Previous close | 15.00 |
Open | 13.85 |
Bid | 14.15 |
Ask | 14.70 |
Strike | 70.00 |
Expiry date | 2024-12-20 |
Day's range | 13.29 - 14.45 |
Contract range | N/A |
Volume | |
Open interest | 165 |
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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