This company $PDD Holdings Inc(PDD)$ is the real deal. Not sure why it is going down. Colin Huang was known as a genius as a child and was among the elite growing up in china. Microsoft $Microsoft(MSFT)$ wanted him to work for them but he became a google engineer. He is the smartest person in china. He knows more about ecommerce then anyone that works for alibaba and entertainment then anyone at tencent $TENCENT(00700)$ . Very big names are invested in pdd including tencent. So its not a fake company. Its for real. If you think their finances are not real and that they don't make money wel consider this. They are number 1 in europe and number 1 in the usa already. And they are going to move into the rest of the world. They are the top growing company in the world. Even not in the usa they will still be the fastest growing company in the world. The hate imo is just pure jealousy that he is changing how ecommerce is done that it will be worth more then amazon. He said it from the start he would change ecommerce and take over. And that is what he did and people say he is lying? Enjoy your low growth with jd $JD.com(JD)$ and alibaba $Alibaba(BABA)$ $Alibaba(09988)$
Alibaba Set to Lose Top Spot in China's E-commerce Industry as PDD Surpasses its Value
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
