bearish

PDD Holdings Inc

Pinduoduo (PDD US): More Thoughts on TEMU

We believe PDD rightly choose the U.S. (versus SE Asia) to launch TEMU, but success is far from guaranteed due to difficulties in copying PDD playbook. We expect US$2bn loss by TEMU by 2024.

Equity Bottom-Up
437 Views, 03 Jan 2023 13:42
SUMMARY(Sign Up to Access)
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
  • Unlimited Research Summaries
  • Personalised Alerts
  • Custom Watchlists
  • Company Data & News
  • Events & Webinars
or
Trusted by:
Bloomberg
Societe Generale
SGX
Sequoia
Interactive Broker
Refinitiv
Already have an account? Sign In Now
Full Insight
(Paid Plans Only)
Discussions
(Paid Plans Only)
WHAT’S TRENDING
Insights
  • Trending
  • Latest
Logo
Rising
Eric Chen
Greater China Equity Long/Short Analyst
Information Technology & Consumer DiscretionaryEquity Bottom-UpThematic (Sector/Industry)
Price Chart(Sign Up to Access)
analytics-chart
x