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      ·08-27
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      PDD’s Gains Retreat: Is Alibaba Still a Promising Bet?

      @Mickey082024
      $PDD Holdings Inc(PDD)$ The battle for dominance in China’s e-commerce market has been nothing short of dramatic. Over the past year, Pinduoduo (PDD) emerged as the clear growth champion, outpacing long-time giant Alibaba (BABA) with its aggressive pricing strategies and global expansion through Temu. Investors poured in, sending PDD’s shares to new highs. But the tide is turning. Following its latest earnings release, Pinduoduo executives admitted that current profit levels are not sustainable, signaling that earnings will fluctuate sharply in upcoming quarters. That single line from management was enough to rattle markets: the stock quickly retreated to $130, shaving billions off its market cap. Meanwhile, Alibaba is preparing to release its resu
      PDD’s Gains Retreat: Is Alibaba Still a Promising Bet?
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