$Alibaba (BABA.US)$ Taobao is really not as good as Pinduodu...
$Alibaba(BABA.US$ Taobao is really not as good as Pinduoduo now. Pinduoduo's free shipping and return package shipping is really impressive. Also, the Douyin Group Buying seems to have stolen quite a bit of Taobao's business.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
s45yen : Pdd so expensive now.. I think many profit taking and shorting at the same time. better run soon.. Baba so cheap.. wah lau
KiKiKoKo s45yen: If PDD becomes an international e-commerce giant, then it's not expensive now
s45yen KiKiKoKo: means it's expensive now unless it becomes the giant.. but think it awaken the sleeping beauty.. and Baba is already a giant but so cheap.. the disparity is too wide, people rush to buy pdd.. prices are too steep already, unles a while back I might have considered at 70+.. multiplied by more than 2 times.. I think Baba just needed a challenger to change and perform better, just like how they took down eBay via taobao.. the time has come when its leading position is taken away..
嘟嘟0514OP s45yen: $PDD Holdings (PDD.US)$ It's really expensive. It left a solid position to see where it could rise.
Now I'm slowly opening positions$Alibaba (BABA.US)$ However, now the main capital favors Pinduoduo.