I see reaction of many stocks in Q3 ER were weird.
Pull back is the gift for shopper.
This Black Friday , You can buy high growth stock like China e-commerce => Pinduoduo
The fastest growing player who steal market share of JD and Alibaba for couple years.
This quarter is guaranteed that the company turn to profitable for 2 consecutive quarters.
With less spending of marketing expense , company is still growing at rate 55% YoY ( excluding 1P merchandise sales )
While Alibaba growth / JD growth were decline to rate ~ 25%
Pinduoduo occupies market share of tier 3-4-5 cities in China. Expect Xi’s common prosperity raise GDP of poor population in lower tier cities faster than urban.
5Years pictures !!!
Long runway here !
Holdddddd
Pull back is the gift for shopper.
This Black Friday , You can buy high growth stock like China e-commerce => Pinduoduo
The fastest growing player who steal market share of JD and Alibaba for couple years.
This quarter is guaranteed that the company turn to profitable for 2 consecutive quarters.
With less spending of marketing expense , company is still growing at rate 55% YoY ( excluding 1P merchandise sales )
While Alibaba growth / JD growth were decline to rate ~ 25%
Pinduoduo occupies market share of tier 3-4-5 cities in China. Expect Xi’s common prosperity raise GDP of poor population in lower tier cities faster than urban.
5Years pictures !!!
Long runway here !
Holdddddd
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.