bullish

PDD Holdings

[PDD Holdings (PDD US, BUY, TP US$107)]: Raise TP for GMV, Take Rate, Temu and Kuaituantuan

1) GMV growth hasn’t been significantly impacted by the competiton; 2) take rate could maintain due to continuous optimization of ad products; and 3) Temu and Kuaituantuan (快团团) have fair growth.
415 Views31 Aug 2023 08:05
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