$PDD Holdings Inc(PDD)$ The market is very competitive. Old sellers will be competed out and new sellers will come in.
But the platform doesn't care. The platform will continue making money as long as there is a flow of new sellers and users buying stuff.
That's why PDD grew super fast and continue to grow. They sell decent quality stuff at the lowest prices. Lower than taobao or JD which are the two original ecommerce giants in their country.
I buy from PDD on a weekly basis
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