Jack Ma pioneered Chinese e-commerce via Alibaba Group Holding Ltd., leading it to dominate. Recently, he publicly acknowledged a lesser-known rival surpassing Alibaba, emerging as a tech industry role model. Pinduoduo’s Meteoric Rise in E-Commerce In a surprising turn, Jack Ma, prompting Alibaba’s workforce, lauded Pinduoduo’s strides, recognizing its decision-making and execution. Pinduoduo, although relatively…
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