China’s Most Valuable Company List: Pinduoduo Overtakes Baidu
Baidu, the leading search engine in China, has lost its spot in the list of the top five most valuable companies in the country. A recent surge in stock prices of Pinduoduo enabled the 4-year-old startup to claim the fifth spot in the rankings, pushing Baidu down to sixth. Eclipsing Baidu Pinduoduo is China’s third-largest ...
