fuzzyoo
09-03

$PDD Holdings Inc(PDD)$ I used to spend a lot of money every month on Amazon, ordering almost every few days. Now my spending is pretty evenly split with Temu, and a little Shien (best for clothes). Temu shipping takes longer but the price savings for some items can't be passed up. For instance, I bought a high end dehumidifier for about $170 on Temu and the cheapest of similar quality on Amazon was $300 more. It works great by the way.

That said, Temu will continue to grow and put pressure on Amazon and resellers on their site to drop prices. PDD is a great long term growth stock that is currently trading at a huge discount.

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