PDD Holdings

PDD (PDD US): 3Q23, Grew Dramatically Overseas, Still Upside After Reaching Our Last Target

292 Views29 Nov 2023 00:08
In 3Q23, total revenue surged by 94% YoY, as Temu expanded in Europe. Operating profits increased by 60% YoY in 3Q23. The stock price reached our last target, but there is still upside for 2024.
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Top Quartile
Ming Lu
Overseas Chinese Equities
Aequitas Research
ChinaInformation TechnologyEquity Bottom-UpThematic (Sector/Industry)