PDD Holdings: Strong Growth, Cheap, 14% Earnings Yield (NASDAQ:PDD)

PDD Holdings Inc. ( PDD ) missed earnings and revenue estimates on Thursday amid growing competition in the Chinese e-Commerce market and heavy investments into its core business. Nonetheless, PDD Holdings, which is also known as Pinduoduo in China, expanded its business, especially in Transaction ServicesAnalyst’s Disclosure: I/we have a beneficial long position in the shares of PDD, BABA, JD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own ...