$PDD Holdings Inc(PDD)$ $Amazon.com(AMZN)$
PDD $250 soon Bullish for both. Both companies will excel in the future.
My thoughts are Amazon will excel in the future in cloud services and it’s other business but will loose a alot of market share in e-commerce goods PDD will win in that and be number 1 e-commerce in the next 5 years.
As others have noticed most of the products on Amazon are the same things from many Chinese companies that you can find on Ali express ali baba and Temu, but at a higher premium.
Most people don’t realise that they are just throwing money away to resellers reselling Chinese products rebranded as a USA product. Or just straight up Chinese products at a higher cost due to amazon charging them to be listed on there.
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