$PDD Holdings Inc(PDD)$ I list

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NEXTTOME
05-22

$PDD Holdings Inc(PDD)$ I listened to PDD earnings call:

First of all PDD is a platform that makes money with transaction fees and marketing services

(like Amazon FBM; so it's like a Amazon without all the warehouses).

Strong focus on agricultural market (locally in China). Digital solutions to farmers!

26% marketing expenses

cash in hand: 33bn

Asked about global strategy TEMU:

global business is new; learn on business model; focus on execution; supply chain expansion to other countries (get more foreign suppliers)

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AbnerKeppel
·05-23
Expanding the supply chain to other countries could be a game-changer.
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