Pinduoduo is a very unique China E commerce companies for following reasons in my personal opinion.
PDD focus on low income population delivering cheap products made in China to low income people in China and to the world incluidng US thru Temu.
Temu is the most successful China E commerce company in US showing amazing growth in revenue each quarter because it is virtually impossible for any company on earth to compete Temu's price
From the perspective of revenue, BABA and JD number is greater than PDD. But, from Net profit perspective , PDD beat both JD and BABA . And, the gap will only grow because of PDD's global reach.
It is virtually impossible for $PDD Holdings Inc(PDD)$ - or $JD.com(JD)$ to compete with PDD in US because PDD deliver the cheapest China products and JD is focused on genuine products at permium price
As PDD investor, I want to see $PDD Holdings Inc(PDD)$ beat $Amazon.com(AMZN)$ .
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