Too much optimism over PDD. Alibaba is way strong in it's portfolio than PDD.
PDD Holdings' Chess Move: Sacrificing Margins To Checkmate Alibaba
PDD's Q2 earnings report revealed a shift toward high-quality brands, leading to a 30% stock price drop due to long-term margin concerns and no share buybacks.Despite market confusion, PDD's non-GAAP
Outlook of Alibaba: A Complex Picture Alibaba's outlook is a blend of challenges and opportunities. Positive Factors Strong Market Position: As a pioneer in Chinese e-commerce, Alibaba still holds a dominant position in the market. Diversification: The company has expanded into cloud computing, digital media, and other sectors, reducing reliance on core commerce. Regulatory Easing: Recent signs of easing regulatory pressure in China could provide a boost. Analyst Optimism: Many analysts maintain a bullish stance on Alibaba, with price targets suggesting significant upside potential. Challenges Intense Competition: The e-commerce landscape is increasingly competitive, with rivals like JD.com and Pinduoduo gaining ground. Economic Slowdown: China's economic slowdown can impact consumer spend