$PDD Holdings (PDD.US)$ I really don't understand. It's clea...
$PDD Holdings(PDD.US$ I really don't understand. It's clearly such a good business report
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ABCDWXYZ : you understand, so you did not buy more
Mystery Shopkeeper : stuck at 133
102420347 ABCDWXYZ: Us fund bashing all china stocks till they open its financial market then buy them cheap , replica of japan case making japan lost direction for 30 years, economic stagnation, weak consumer demand
102995961 : Just look at how much is Intel's current market capitalization? Is it appropriate for a company worth more than 160 billion US dollars that can be killed by another Gapinduoduo at any time? It's just a capital game to monetize. Also check out the stocks of companies like Ali/Sea.
cidzhao2022OP 102995961: Are you sure you've read PDD's financial reports? Profits all increased 30% month-on-month, 80% year-on-year, and PE was only 20 times higher.And are you sure any business can replace PDD?
102995961 cidzhao2022OP: It's just a company that relies on a business model; you never know one day what new business model will kill it. Unless he can establish a complete ecosystem, and in this ecosystem, both merchants and users are inseparable from him. I think currently only Apple has achieved this kind of ecosystem, and Apple has the core technology to maintain this ecosystem! What does Pinduoduo have? Also, don't just look at PE; capital depends on imagination. If today's PDD is already a bright moment, then the capital market should go down.
102995961 cidzhao2022OP: Also, to be honest, I started shorting PDD at 150