Driven by Temu, $PDD just Doubled QoQ and Surged in Price

Brian Tycangco 鄭彥渊
2023-11-28

BREAKING NEWS: $Pinduoduo Inc.(PDD)$ 3Q23 Results are out! And they're blazing hot.

Revenue +94% to $9.44B vs. $7.42B est. (BEAT!)

Rev from Transaction Svcs +315% to $4.0B

Adjusted EPS +35% to $1.55 vs. $1.16 est. (BEAT!)

Is this mainly being driven by Temu payment processing?

It just doubled QoQ! At a $16 billion run-rate!

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$Pinduoduo Inc.(PDD)$ shares surge as Temu owner tops earnings estimates

PE ratio of four companies: $Pinduoduo Inc.(PDD)$ $Alibaba(BABA)$ , $Tencent Holding Ltd.(TCEHY)$ , $JD.com(JD)$ This one is becoming a new market leader.

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Comments

  • AugustineMac-
    2023-11-28
    AugustineMac-

    Did you read the 3rd quart.?results? OMG !!! Could be up 20% intra day……😎😎🐶🐶🦮🦮🎅🏻🎅🏻

  • snixxx
    2023-11-28
    snixxx

    The surging in Price is too stark to ignore! QoQ. let's buy it!

  • frostiix
    2023-11-28
    frostiix

    here we go! Almost 100% gain. Taking profit. Good luck to all! What about you 🧐

  • mizzle
    2023-11-28
    mizzle

    ready to buy the in money put maybe today or at the close wish me success?

  • jingli
    2023-11-28
    jingli

    I got nothing to say but OMG..Will you bullish it?

  • KSR
    2023-11-29
    KSR
    👍
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