Jack Ma praised a key rival. A day later, it overtook Alibaba as China's most valuable e-commerce company.

Jack Ma praised a key rival. A day later, it overtook Alibaba as China's most valuable e-commerce company.

Jack Ma, cofounder of tech giant Alibaba.Wang HE/Getty Images <ul><li>Temu's parent company, PDD Holdings, is currently more valuable than Alibaba.</li><li>PDD's market cap overtook Alibaba a day af… [+2049 chars]

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