$PDD Holdings Inc(PDD)$ Pinduo

Pinduoduo's investment in its multi-billion yuan subsidy program is increasing, with main resources allocated to hard currency goods. For example, Feitian Moutai, Huawei smartphones, and Apple smartphones.

Why? Pinduoduo aims to establish a consumer mindset: buying hard currency goods on Pinduoduo is the most cost-effective.

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