Analysis: Temu and Pinduoduo parent PDD, whose shares are up 109% over the past year, has a ~$208B market cap, compared with Alibaba's $196B and JD.com's $48B (Sheila Chiang/CNBC)

Sheila Chiang / CNBC:

Analysis: Temu and Pinduoduo parent PDD, whose shares are up 109% over the past year, has a ~$208B market cap, compared with Alibaba’s $196B and JD.com’s $48B  —  PDD’s value-for-money positioning and growth of its Temu marketplace has helped the tech giant lead China’s e-commerce arena …