Pinduoduo Stock Buyers Better Hope Temu Is Not Another Wish.com

InvestorPlace04-15

PDD (PDD) owns Pinduoduo, but Temu’s been getting a lot of attention lately. Temu is reminiscent of Wish.com, which didn’t live up to the hype that once surrounded it. Investors should be very ...

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Yet, consider Pinduoduo's challenges with Temu before risking your money.","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4554":"元宇宙及AR概念","PSQ":"纳指反向ETF","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","BK4553":"喜马拉雅资本持仓",".IXIC":"NASDAQ Composite","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","LU0823426308.USD":"法巴中国股票基金","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","LU2039709279.SGD":"MANULIFE GF DRAGON GROWTH \"AA\" (SGDHDG) INC","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","SQQQ":"纳指三倍做空ETF","BK4211":"区域性银行","BK4558":"双十一","LU0594300419.USD":"富达中国消费基金A","LU0051755006.USD":"摩根大通中国A (dist)","LU0821914370.USD":"贝莱德亚洲成长领袖A2","BK4220":"综合零售","HOPE":"Hope Bancorp, Inc.","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","BK4559":"巴菲特持仓","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","LU0823426480.USD":"法巴中国股票经典Dis","QLD":"纳指两倍做多ETF","BK4550":"红杉资本持仓","LU1770034418.SGD":"ALL CHINA EQUITY \"A\" (SGDHDG) ACC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","WISH":"ContextLogic Inc.","PDD":"拼多多","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","LU1023057109.AUD":"BGF CHINA \"A2\" (AUDHDG) ACC","AMZN":"亚马逊","BK4547":"WSB热门概念","LU0650527681.SGD":"Fidelity China Consumer A-SGD","QID":"纳指两倍做空ETF","LU0048580855.USD":"富达大中华区A","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4548":"巴美列捷福持仓","TQQQ":"纳指三倍做多ETF","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","LU0082616367.USD":"摩根大通美国科技A（dist）","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","SG9999014674.SGD":"Nikko AM All China Equity A SGD","SG9999002562.SGD":"LionGlobal Asia Pacific SGD","QQQ":"纳指100ETF"},"translate_title":"拼多多股票买家最好希望穆特不是另一个Wish.com","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMZN":1,"WISH":1,"PDD":1,"HOPE":1,".IXIC":0.63,"PSQ":0.6,"QID":0.6,"QLD":0.6,"QQQ":0.6,"SQQQ":0.6,"TQQQ":0.6,"MNQmain":0.6,"NQmain":0.6},"content_text":"PDD (PDD) owns Pinduoduo, but Temu’s been getting a lot of attention lately.\nTemu is reminiscent of Wish.com, which didn’t live up to the hype that once surrounded it.\nInvestors should be very cautious about Pinduoduo stock.\n\n\n\n\n\n \n\nSource: Freer / Shutterstock.com\n\n\n\nYou might not be very familiar with PDD (NASDAQ:PDD), but this is the holding company that owns China-based e-commerce platform Pinduoduo. However, there’s more to the story. After considering PDD’s other well-known e-commerce venture, you’ll probably want to minimize your exposure to Pinduoduo stock.\nI’m not saying that you shouldn’t invest in PDD or Pinduoduo at all. The important thing is to understand the substantial risks involved. As we’ll discover, one of PDD’s businesses has the potential to be a blockbuster success or, quite possibly, a dismal failure. \nThinking About Dip-Buying Pinduoduo Stock? Be Careful!\nYou may have noticed that Pinduoduo stock jumped to $150 early this year before sliding to the $120 area. Is this an invitation to a prime dip-buying opportunity? Not necessarily.\nSure, PDD has done well with its Pinduoduo e-commerce platform, which the company operates in China. Pinduoduo might be loosely compared to Amazon (NASDAQ:AMZN) in the U.S., though Pinduoduo isn’t a massive juggernaut like Amazon is. \nHere’s what you need to consider before investing in PDD based on Pinduoduo’s success. PDD also operates the Temu e-commerce platform internationally. Temu is like the Wish.com online-shopping portal. Some people might even debate whether Temu is little more than a re-branded Wish.com.\nWhat’s so bad about being similar to Wish.com, though? ContextLogic (NASDAQ:WISH) owns Wish.com, and ContextLogic stock was once a red-hot topic of conversation among meme-stock traders. Surely, a comparison to Wish.com indicates Temu will be a blockbuster success – right? \nIt’s Risky to Be on Team Temu\nBefore you join Temu’s team, I strongly suggest that you first look at what happened to ContextLogic stock. From top to bottom, it has lost the vast majority of its value.\nApparently, being a meme crowd favorite didn’t solve Wish.com’s problems. According to CNBC, Wish.com “was valued at $14 billion at the time of its IPO in 2020″ but is now “being acquired by Singapore’s Qoo10 for $173 million in cash, 99% below its peak price.”\nEvidently, the market for ultracheap items might not be as robust as some folks assumed it would be. As Temu spends heavily on advertising, including pricey Super Bowl ads, skeptical investors should wonder whether Temu will follow down the same unfortunate path that Wish.com did.\nBear in mind, Temu reportedly spent an estimated $600 million to $1.4 billion on advertisements during 2023’s first nine months. Thus, PDD is taking a big risk on Temu’s success, and so are you, if you’re a shareholder.\nPinduoduo Stock: It’s Not Just a Bet on Pinduoduo\nI would encourage you to research both Pinduoduo and Temu, since PDD operates both of those e-commerce businesses. Then, you might have mixed feelings about PDD. \nIn addition, consider what happened to Wish.com and ContextLogic stock. If you’re still enthused about buying Pinduoduo stock, be sure to keep your position size very small. That way, you can mitigate your risk against a potential share-price collapse.      \nOn the date of publication, David Moadel did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.\nDavid Moadel has provided compelling content – and crossed the occasional line – on behalf of Motley Fool, Crush the Street, Market Realist, TalkMarkets, TipRanks, Benzinga, and (of course) InvestorPlace.com. He also serves as the chief analyst and market researcher for Portfolio Wealth Global and hosts the popular financial YouTube channel Looking at the Markets.Consumer Discretionary, Retail, E-Commerce \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSubmit\n\n\n\n\n\n\n\nArticle printed from InvestorPlace Media, https://investorplace.com/2024/04/pinduoduo-stock-buyers-better-hope-temu-is-not-another-wish-com/.\n©2024 InvestorPlace Media, LLC","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2427620073"}