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AMZN - PDD: Strong Business Growth Thanks To Temu Trading At Just 12x Earnings
June, 22 2024 10:08 AM
Amazon.com Inc.
2024-06-22 10:08:11 ET
Summary PDD Holdings Inc. showcases explosive business growth of over 100% annually, with a very undemanding valuation of just 12x expected net profits. PDD Holdings, an underfollowed e-commerce giant, has seen massive revenue growth, especially with the success of its Temu shopping app. Despite strong growth and attractive earnings, PDD Holdings faces regulatory risks due to its China ties and potential Western regulatory challenges.
Article Thesis For further details see:
PDD: Strong Business Growth Thanks To Temu, Trading At Just 12x Earnings
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