$PDD
BULLISH2024-06-26Price around the call
↑ 2024-06-26
By horizon✗ miss-3.0%
1d
✓ +1.2%
5d
✓ +1.7%
21d
✗ -3.0%
Original post
Fred Liu · 2024-06-26
My initial reaction is that this just validates $PDD's Temu model? When the world's largest online retailer $AMZN just copies the playbook... Seems to prove this type of marketplace is valuable to consumers (+ financially viable). Amazon's initiative has the exact same features that investors give for why Temu's won't work... 9-11 day shipping, cheap unbranded items direct from factories, etc. https://t.co/a4uWRoj0cu
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