$PDD
BULLISH2023-12-06By horizon✗ miss-8.5%
1d
…
5d
✓ +3.6%
21d
✗ -8.5%
Original post
Fred Liu · 2023-12-06
$PDD Temu to cut logistics costs ~30-60%. Partnering with express sea shipping companies (Matson, Zim, Maersk, etc). Takes ~11 days, which is within promised delivery time. Should save ~$3-4 per parcel, or at ~$35 baskets, is a ~10% margin improvement. https://t.co/StMH4KKgIT
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