PDD Holdings Falls 33.4% in 2024: Time for a Comeback in 2025?

PDD Holdings' (PDD) stock has suffered a dramatic 33.4% decline in 2024, sending a clear warning signal to investors about the company's prospects. The company's third-quarter 2024 results revealed troubling trends, with revenue growth moderating to 44% year over year, a significant deceleration from 86% growth seen in the second quarter. This slowdown, coupled with management's forthright admission about intensifying competition in the e-commerce sector, suggests further growth deceleration ahead. Manageme ...