$PDD Holdings Inc(PDD)$ Recently, there have been many posts about JD , Pinduoduo PDD , and Alibaba Baba. I listened to a video by Peter Thiel, and one of his remarks left a deep impression on me: "In a world without growth, everything becomes a zero-sum game." Peter Thiel also said to avoid zero-sum games and seek positive-sum games for investment.
Currently, the Chinese economy is overall in a downward and weak state with overcapacity of manufacturing power. Unfortunately JD has contracted its international efforts, while Pinduoduo has started to accelerate its overseas business. This move will undoubtedly reflect the difference in market value and positioning between the two. Expanding overseas will be the only growth point for China Ecom and the most important indicator.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments