Better Chinese E-Commerce Stock: Pinduoduo vs. Vipshop
Alibaba (NYSE: BABA) and JD.com (NASDAQ: JD) frequently dominate conversations about China's rapidly growing e-commerce sector.
However, investors shouldn't overlook growing underdogs like Pinduoduo (NASDAQ: PDD) and Vipshop (NYSE: VIPS). Pinduoduo controlled 13.2% of China's e-commerce market in 2021, according to eMarketer, putting it in third place behind Alibaba (47.1%) and JD (16.9%). Vipshop ranks fifth with a 1% share.
Let's take a closer look at Pinduoduo and Vipshop, and see which company will generate bigger gains if the regulatory headwinds facing Chinese stocks finally wane.
Source Fool.com