PDD Holdings' Chess Move: Sacrificing Margins To Checkmate Alibaba
PDD(PDD) Seeking Alpha·2024-08-27 13:24Yoshiyoshi Hirokawa/DigitalVision via Getty Images Introduction PDD Holdings' (NASDAQ:PDD) negative comments about its long-term profitability forecast, the unpredictability of geopolitical conflict, and the absence of a shareholder buyout surprised the market when the company released its Q2 earnings today. As a result, after the earnings, the stock price fell by 30%. We published an article titled "PDD Holdings Challenge To Alibaba's Reign" in November 2023. We think the moment is probably near after exam ...