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Chinese e-commerce platforms Pinduoduo (PDD), JD.com (JD), and Alibaba (BABA) are paring back stock losses, while remaining in the red, after the United States Postal Service (USPS) reversed its decision and will continue to accept inbound packages from China.
Yahoo Finance reporter Jordan Weissmann covers the latest developments.
To watch more expert insights and analysis on the latest market action, check out more Catalysts here.
This post was written by Luke Carberry Mogan.