PDD: Long Bull in the Future!

$PDD Holdings Inc(PDD)$ This is not good. The drop in profitability is dramatic... ⛔️

"PDD Holdings is facing new challenges from changing consumer demand, intensifying competition, and uncertainties in the global environment."

"PDD Holdings is entering a new phase of high-quality development that will require increased investments, and its profitability will be affected."

"To support the high-quality development of its platform ecosystem, PDD Holdings plans to invest substantial resources to support high-quality merchants, including a significant reduction in transaction fees of up to RMB10 billion in the first year."

However, a strong balance sheet remains, this is the problem when you are paying for great growth and a very promising future.

For those who see the potential, this is a buying opportunity 🧡👇

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PDD Drops 10%! Will You Buy the Dip Under $100?

Pinduoduo shares dropped over 10% after the company reported Q3 revenue of RMB 99.35 billion, missing the estimated RMB 102.83 billion. -------------------- What's your target price for PDD's decline? Consider to bottom at $90 or not?

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.

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