bullish

PDD Holdings

[PDD Holdings (PDD US,BUY,TP US$172) TP Change]:Squeezing Supplier Base for Its Own Benefit,Globally

492 Views24 May 2024 19:43
​PDD beats estimates in Q1 with improved unit economics and merchant squeeze, benefiting from weak consumer sentiment. Maintaining BUY rating with raised TP to US$172.
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Rising
Blue Lotus Research Institute
China growth and global non-US Internet equities
Hong KongInformation Technology & Consumer DiscretionaryEquity Bottom-UpThematic (Sector/Industry)
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