Pinduoduo (PDD) Blockbuster Quarter

Pinduoduo (PDD) stock price is higher on the earnings report beat. Pinduoduo is a value orientated e-commerce company that offers consumer staples. PDD does not compete with Alibaba (BABA) and JD.com (JD) as it offers agricultural products. George Tsilis says that the PDD stock has outperformed the entire Chinese market and that it hit a 5-month high today.

Trading 360

30 Aug 2023

SHARE

Schwab Network's Newsletters

Daily insights for every investor