Pinduoduo could launch cross-b

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StickyRice
2022-09-03

Pinduoduo could launch cross-border e-commerce platform in US in September: report

Pinduoduo $Pinduoduo Inc.(PDD)$may launch a cross-border e-commerce platform in the early part of September, with the U.S. as its first market, Chinese news outlet Late Post reported.

The news outlet added that Pinduoduo (PDD), which has built its platform connecting farmers and distributors directly with consumers to buy fruits and vegetables, could go after merchants from all categories and have a business model similar to that of Shein, the Chinese fast fashion company.

Late Post added that the project is considered one of Pinduoduo's (PDD) most important initiatives at the moment and "several" supervisors that were working on the company's community group buying business have been transferred to work on this task.

# PDD Q2 Results: Any thoughts?

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YvetteGunther
·2022-09-03
PDD was analyzed by 47 analysts. The buy consensus is at 85%. So analysts seem to be very confident about PDD.
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jeffry09
·2022-09-03
The Revenue of PDD is expected to grow by 19.56% on average over the next 5 years. This is quite good.
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YorkTurner
·2022-09-03
PDD outpreforms the QQQ by +50% post nasty fed speech.
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CcyInvestor
·2022-09-03
👍🏻
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PGLian
·2022-09-03
ok
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victorlum
·2022-09-03
nice:)
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IZzz
·2022-09-03
Lj
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Tan79
·2022-09-03
👍
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YYLSG
·2022-09-03
ok
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SanWan
·2022-09-03
ok
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Jasonlim
·2022-09-03
like
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CapybaraNDU
·2022-09-03
Nice
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Jasper_ng
·2022-09-03
Ok shj
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AhTi
·2022-09-03
👍👍
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Shirou
·2022-09-03
Ok
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YewKhoon
·2022-09-03
Good
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AngelChin
·2022-09-03
[Miser]
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thaigirl
·2022-09-03
ah
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1MStream
·2022-09-03
Good
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Benzz
·2022-09-03
Ok
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