I can't understand. A platform for selling fake and inferior goods can stir up the stock price to nearly 100 , with a market value of $150 billion
The practice of PDD has no future. It fattens itself with the blood dripping from its merchants there is something fundamentally wrong with PDD's business model. their unit economics is negative. people who say this is like AMZN don't realize that Amazon made operating profits which they pumped back into the company, giving zero, or low net profits for many years. PDD is just straight up losing money for every sale they make, and will need to take more money from investors$Pinduoduo Inc.(PDD)$
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你好像忘了当年淘宝也是销售假冒伪劣商品起家的,当年淘宝,阿里巴巴因为假货都上过老美黑名单
You Hate PDD or whAt….
They mAke it… no matter whAt people say… hehe