This young e-commerce company has bright prospects.2022 has been a challenging year for U.S.-listed Chinese companies. The delisting threat, complex geopolitical environment sent these stocks down over the last few months.Yet Pinduoduo (PDD)-- a leading Chinese e-commerce company -- pushed against this trend as the stock is up almost 25% year to date. There are two likely reasons that have driven this exceptional performance.Pinduoduo has been executing extraordinarily wellPinduoduo was an outlier in the Chinese e-commerce industry. Founded in 2015, it quickly became the second-largeste-commerce companyin China with 882 million active buyers as of March 31 --Alibaba Group was the largest with 903 million buyers.The company grew quarterly revenue from zero to 31.4 b
PDD Q2 Results: Any thoughts?
【Key Points】 Pinduoduo stock jumps as much as 24% in Monday trading, with its Q2 earnings much higher than the market had expected: Revenue of $4.69 billion, 36% YOY. EPS $1.13, 157% YoY. 【Topic】Any thoughts on PDD's strong Q2 results? When & at what price will you buy this stock?