Professional
Added to YB: 2024-08-22
Pitch date: 2024-07-25
PDD [bullish]
PDD Holdings Inc.
-13.24%
current return
Author Info
No bio for this author
Company Info
PDD Holdings Inc., a multinational commerce group that owns and operates a portfolio of businesses. It operates Pinduoduo platform which provides various product categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverages, consumer electronics, electronic appliances, furniture and household goods, cosmetics and other personal care items, sports and fitness, and auto accessories; and Temu, an online platform, which enables merchants to streamline their manufacturing and commercial operations.
Market Cap
$1.2T
Pitch Price
$129.04
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.93
P/E
12.01
EV/Sales
1.82
Sector
Broadline Retail
Category
growth
Polen Emerging Markets Growth New Position: PDD Holdings Inc.
PDD: Innovative e-commerce model, proven in China, now expanding globally via Temu. Shift from losses to cash generation enables self-funded growth. Potential to disrupt global leaders. Geopolitical & disclosure risks, but valued at ~10x 2024E earnings despite disruptive potential.
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