PDD Holdings

Pinduoduo (PDD): 1Q23, Up by 58% YoY, 40% Upside

280 Views29 May 2023 10:23
In 1Q23, total revenue grew by 58% YoY and the operating margin improved significantly. We believe the company benefit from its low-price products and the low comparison base last year.
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Top Quartile
Ming Lu
Overseas Chinese Equities
Aequitas Research
ChinaInformation TechnologyEquity Bottom-UpThematic (Sector/Industry)