We came across a bullish thesis on PDD Holdings Inc. on Coughlin Capital’s Substack by Brian Coughlin. In this article, we will summarize the bulls’ thesis on PDD. PDD Holdings Inc.’s share was trading at $127.11 as of August 22nd. PDD’s trailing and forward P/E were 13.62 and 13.91 respectively according to Yahoo Finance.
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Pinduoduo (PDD) has emerged as one of the strongest players in China’s internet sector, growing faster than Alibaba, JD, and other peers,...
