3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021_老虎社区_美港股上老虎

3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021

Motley Fool2021-05-07

Chinese e-commerce company Pinduoduo (NASDAQ:PDD) was one of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders ...

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Claireawww
·2021-05-27
interesting!
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DesmondChin
·2021-05-11
It would do well but for the time being it just doesn't look nice in my portfolio holding.....Hahah
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2
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Jeanp14
·2021-05-08
interesting read!
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1
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Teckbee
·2021-05-08
He will recover !
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4
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Barbarazhao
·2021-05-08
I believe PDD will continue to do well
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1
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jellyu
·2021-05-08
Like this
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2
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- Jeanp14:
  Okay!
  2021-05-08
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jellyu
·2021-05-08
Like
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Huazai
·2021-05-08
Need more up for Or adjusting down for
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Hodl
·2021-05-08
Hodl
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hellotomato
·2021-05-07
Like and comment
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1
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Munyee
·2021-05-07
PDD up pls!!!
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3
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WDnemo
·2021-05-07
Still can buy?
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Maydelyn
·2021-05-07
Oh Pinduoduo!!! I hold some shares.. I m in dilemma whether to sold or hold.. S&P 500 has doubled.. it’s scary...
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- wishingstar:
  if u think its a co of potential, then u hold. if u think its potential is quite limited, then u shld sell.
  2021-05-07
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- tseechu1:
  same situation 😂😂😂
  2021-05-08
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Andrew210782
·2021-05-07
I see
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asdine
·2021-05-07
Comment
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- asdine回复asdine:
  comment
  2021-05-08
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- asdine回复asdine:
  comment
  2021-05-08
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- asdine:
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The surge in online shopping driven by pandemic lockdown orders ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"QNETCN","symbol_name":"纳斯达克中美互联网老虎指数","start_time":0,"source_url":"https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/","article_id":"2133500411","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2133500411","pubTimestamp":1620396300,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"The Chinese e-commerce company faces some short-term challenges, but its long-term prospects remain intact.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","PDD":"拼多多","BABA":"阿里巴巴","09988":"阿里巴巴-W"},"translate_title":"3原因拼多多股票2021年跌逾30%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"09988":0.9,"BABA":0.9,"PDD":0.9,"QNETCN":0.9},"content_text":"Chinese e-commerce company Pinduoduo (NASDAQ:PDD) was one of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders and social distancing efforts benefited major e-commerce players like Sea Limited and Amazon. Pinduoduo, too, rose to the occasion, gaining major ground on rivals Alibaba (NYSE:BABA) and JD.com. Its revenue grew by 97% year over year in 2020.But Pinduoduo's share-price climb seems to have run out of steam, despite continued strength for some other tech bellwethers. Facebook share prices even hit an all-time high last week, underscoring that there's sustained demand among investors for quality tech names. Pinduoduo stock, on the other hand, is now trading down about 37% from its peak in mid-February.Here's why the company and its stock may have fallen out of favor.Image source: Getty Images.3 reasons Pinduoduo stock has tumbled in 2021Pinduoduo's emergence as a major force in e-commerce has been nothing short of remarkable. In just five short years, it went from an unknown start-up to China's biggest e-commerce platform, with more active buyers than Alibaba. Revenue grew at a stunning rate and hit 59.5  billion yuan ($9.2 billion) in 2020, almost doubling year over year.The company owes much of its success to founder Zheng Huang, a data scientist and entrepreneur who was part of the team that set up Alphabet's Google China. But less than a year after he relinquished his role as CEO (on July 1, 2020) -- a move that was itself shocking -- Huang also recently stepped down as chairman of the board. That latest move may have spooked investors further -- the stock price is down 17% since the announcement on March 17.But that's not the only reason for concern. Chinese regulators have launched wide-ranging antitrust probes into that nation's large tech companies. The government just fined Alibaba $2.8 billion for breaking anti-monopoly laws. Tencent and Baidu were hit with much smaller fines in March for making acquisitions without notifying authorities.There's no clear evidence -- so far -- that Pinduoduo is involved in anti-competitive activities. But what's clear is that China is tightening its grip over its local tech titans, hurting their growth prospects. As one of China's biggest e-commerce companies, Pinduoduo will need to adapt to those challenges.In addition to these two reasons, the tide in the stock market is turning against high-growth tech companies. With many Americans beginning to resume their pre-pandemic ways, investors are selling the hypergrowth tech stocks that flourished during 2020, taking their profits, and shifting their bets into \"reopening\" plays like Wells Fargo and Dine Brands Global. Some of last year's hottest names like Tesla and Snowflake are down by 20% to 50% from all-time highs. As Pinduoduo was one of 2020's best-performing stocks, there's a high chance that some of its recent declines can be attributed to it getting caught up in the wider tech sell-off.What's next for Pinduoduo?Huang's abrupt exit from day-to-day operations at Pinduoduo has left investors with a clouded outlook heading into 2021. But it's worth noting that he remains the company's biggest shareholder. As a result, he will likely continue providing some guidance to the company. What's more, he has left Pinduoduo's management in good hands. New CEO Lei Chen -- who has worked with Huang since 2011 -- has been a key contributor to growing it into the powerhouse that it is today.Over the next few years, Pinduoduo is well-positioned to expand further on the back of rising customer spending. Its users spend just 2,115 yuan ($300) a year on the platform, still low compared to what the average customer spends on Alibaba. Beyond e-commerce, Pinduoduo has a vision to build a \"worldwide presence in agriculture,\" which could dramatically widen its addressable market. Agriculture-related gross merchandise value (GMV) nearly doubled from 136 billion yuan in 2019 to 270 billion yuan in 2020. Management expects to hit 1 trillion yuan (around $150 billion) in annual agriculture by 2025.In other words, Pinduoduo is just getting started -- and growth-oriented investors should take note.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":132415851,"gmtCreate":1622106485773,"gmtModify":1631890755558,"author":{"id":"3582721620090679","authorId":"3582721620090679","name":"Claireawww","avatar":"https://static.tigerbbs.com/b1ae3c42b1480309948367d2913f0879","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582721620090679","authorIdStr":"3582721620090679"},"htmlText":"interesting!&nbsp;","listText":"interesting!&nbsp;","text":"interesting!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/132415851","repostId":2133500411,"repostType":2,"repost":{"id":"2133500411","pubTimestamp":1620396300,"share":"https://www.laohu8.com/m/news/2133500411?lang=&edition=full","pubTime":"2021-05-07 22:05","market":"us","language":"en","title":"3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2133500411","media":"Motley Fool","summary":"The Chinese e-commerce company faces some short-term challenges, but its long-term prospects remain intact.","content":"<p>Chinese e-commerce company <b>Pinduoduo</b> (NASDAQ:PDD) was <a href=\"https://laohu8.com/S/AONE\">one</a> of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders and social distancing efforts benefited major e-commerce players like <b>Sea Limited</b> and <b>Amazon</b>. Pinduoduo, too, rose to the occasion, gaining major ground on rivals <b>Alibaba</b> (NYSE:BABA) and <b>JD.com</b>. Its revenue grew by 97% year over year in 2020.</p><p>But Pinduoduo's share-price climb seems to have run out of steam, despite continued strength for some other tech bellwethers. <b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b> share prices even hit an all-time high last week, underscoring that there's sustained demand among investors for quality tech names. Pinduoduo stock, on the other hand, is now trading down about 37% from its peak in mid-February.</p><p>Here's why the company and its stock may have fallen out of favor.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F624680%2Fwoman-shrugging-confused-uncertain-square.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"593\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2>3 reasons Pinduoduo stock has tumbled in 2021</h2><p>Pinduoduo's emergence as a major force in e-commerce has been nothing short of remarkable. In just five short years, it went from an unknown start-up to China's biggest e-commerce platform, with more active buyers than Alibaba. Revenue grew at a stunning rate and hit 59.5 &nbsp;billion yuan ($9.2 billion) in 2020, almost doubling&nbsp;year over year.</p><p>The company owes much of its success to founder Zheng Huang, a data scientist and entrepreneur who was part of the team that set up <b>Alphabet</b>'s Google China. But less than a year after he relinquished his role as CEO (on July 1, 2020) -- a move that was itself shocking -- Huang also recently stepped down as chairman of the board. That latest move may have spooked investors further -- the stock price is down 17% since the announcement on March 17.</p><p>But that's not the only reason for concern. Chinese regulators have launched wide-ranging antitrust probes into that nation's large tech companies. The government just fined Alibaba $2.8 billion for breaking anti-monopoly laws. <b>Tencent</b> and <b>Baidu</b> were hit with much smaller fines&nbsp;in March for making acquisitions without notifying authorities.</p><p>There's no clear evidence -- so far -- that Pinduoduo is involved in anti-competitive activities. But what's clear is that China is tightening its grip over its local tech titans, hurting their growth prospects. As <a href=\"https://laohu8.com/S/AONE.U\">one</a> of China's biggest e-commerce companies, Pinduoduo will need to adapt to those challenges.</p><p>In addition to these two reasons, the tide in the stock market is turning against high-growth tech companies. With many Americans beginning to resume their pre-pandemic ways, investors are selling the hypergrowth tech stocks that flourished during 2020, taking their profits, and shifting their bets into \"reopening\" plays like <b>Wells Fargo</b> and <b>Dine Brands Global</b>. Some of last year's hottest names like <b>Tesla</b> and <b><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></b> are down by 20% to 50% from all-time highs. As Pinduoduo was one of 2020's best-performing stocks, there's a high chance that some of its recent declines can be attributed to it getting caught up in the wider tech sell-off.</p><h2>What's next for Pinduoduo?</h2><p>Huang's abrupt exit from day-to-day operations at Pinduoduo has left investors with a clouded outlook heading into 2021. But it's worth noting that he remains the company's biggest shareholder. As a result, he will likely continue providing some guidance to the company. What's more, he has left Pinduoduo's management in good hands. New CEO Lei Chen -- who has worked with Huang since 2011 -- has been a key contributor to growing it into the powerhouse that it is today.</p><p>Over the next few years, Pinduoduo is well-positioned to expand further on the back of rising customer spending. Its users spend just 2,115 yuan ($300) a year on the platform, still low compared to what the average customer spends on Alibaba. Beyond e-commerce, Pinduoduo has a vision to build a \"worldwide presence in agriculture,\" which could dramatically widen its addressable market. Agriculture-related gross merchandise value (GMV) nearly doubled from 136 billion yuan in 2019 to 270 billion yuan in 2020. Management expects to hit 1 trillion yuan (around $150 billion) in annual agriculture by 2025.</p><p>In other words, Pinduoduo is just getting started -- and growth-oriented investors should take note.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 22:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese e-commerce company Pinduoduo (NASDAQ:PDD) was one of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","QNETCN":"纳斯达克中美互联网老虎指数","PDD":"拼多多","BABA":"阿里巴巴"},"source_url":"https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133500411","content_text":"Chinese e-commerce company Pinduoduo (NASDAQ:PDD) was one of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders and social distancing efforts benefited major e-commerce players like Sea Limited and Amazon. Pinduoduo, too, rose to the occasion, gaining major ground on rivals Alibaba (NYSE:BABA) and JD.com. Its revenue grew by 97% year over year in 2020.But Pinduoduo's share-price climb seems to have run out of steam, despite continued strength for some other tech bellwethers. Facebook share prices even hit an all-time high last week, underscoring that there's sustained demand among investors for quality tech names. Pinduoduo stock, on the other hand, is now trading down about 37% from its peak in mid-February.Here's why the company and its stock may have fallen out of favor.Image source: Getty Images.3 reasons Pinduoduo stock has tumbled in 2021Pinduoduo's emergence as a major force in e-commerce has been nothing short of remarkable. In just five short years, it went from an unknown start-up to China's biggest e-commerce platform, with more active buyers than Alibaba. Revenue grew at a stunning rate and hit 59.5  billion yuan ($9.2 billion) in 2020, almost doubling year over year.The company owes much of its success to founder Zheng Huang, a data scientist and entrepreneur who was part of the team that set up Alphabet's Google China. But less than a year after he relinquished his role as CEO (on July 1, 2020) -- a move that was itself shocking -- Huang also recently stepped down as chairman of the board. That latest move may have spooked investors further -- the stock price is down 17% since the announcement on March 17.But that's not the only reason for concern. Chinese regulators have launched wide-ranging antitrust probes into that nation's large tech companies. The government just fined Alibaba $2.8 billion for breaking anti-monopoly laws. Tencent and Baidu were hit with much smaller fines in March for making acquisitions without notifying authorities.There's no clear evidence -- so far -- that Pinduoduo is involved in anti-competitive activities. But what's clear is that China is tightening its grip over its local tech titans, hurting their growth prospects. As one of China's biggest e-commerce companies, Pinduoduo will need to adapt to those challenges.In addition to these two reasons, the tide in the stock market is turning against high-growth tech companies. With many Americans beginning to resume their pre-pandemic ways, investors are selling the hypergrowth tech stocks that flourished during 2020, taking their profits, and shifting their bets into \"reopening\" plays like Wells Fargo and Dine Brands Global. Some of last year's hottest names like Tesla and Snowflake are down by 20% to 50% from all-time highs. As Pinduoduo was one of 2020's best-performing stocks, there's a high chance that some of its recent declines can be attributed to it getting caught up in the wider tech sell-off.What's next for Pinduoduo?Huang's abrupt exit from day-to-day operations at Pinduoduo has left investors with a clouded outlook heading into 2021. But it's worth noting that he remains the company's biggest shareholder. As a result, he will likely continue providing some guidance to the company. What's more, he has left Pinduoduo's management in good hands. New CEO Lei Chen -- who has worked with Huang since 2011 -- has been a key contributor to growing it into the powerhouse that it is today.Over the next few years, Pinduoduo is well-positioned to expand further on the back of rising customer spending. Its users spend just 2,115 yuan ($300) a year on the platform, still low compared to what the average customer spends on Alibaba. Beyond e-commerce, Pinduoduo has a vision to build a \"worldwide presence in agriculture,\" which could dramatically widen its addressable market. Agriculture-related gross merchandise value (GMV) nearly doubled from 136 billion yuan in 2019 to 270 billion yuan in 2020. Management expects to hit 1 trillion yuan (around $150 billion) in annual agriculture by 2025.In other words, Pinduoduo is just getting started -- and growth-oriented investors should take note.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":199705597,"gmtCreate":1620732004119,"gmtModify":1634196775301,"author":{"id":"3578983795474363","authorId":"3578983795474363","name":"DesmondChin","avatar":"https://static.tigerbbs.com/b90cb6b6a6c328ac8d02a829e5e7c835","vip":1,"hat":"https://static.tigerbbs.com/46b6808e1ba3716fb9c53339adffa3c5","crmLevel":3,"crmLevelSwitch":0,"idStr":"3578983795474363","authorIdStr":"3578983795474363"},"htmlText":"It would do well but for the time being it just doesn't look nice in my portfolio holding.....Hahah","listText":"It would do well but for the time being it just doesn't look nice in my portfolio holding.....Hahah","text":"It would do well but for the time being it just doesn't look nice in my portfolio holding.....Hahah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/199705597","repostId":2133500411,"repostType":2,"repost":{"id":"2133500411","pubTimestamp":1620396300,"share":"https://www.laohu8.com/m/news/2133500411?lang=&edition=full","pubTime":"2021-05-07 22:05","market":"us","language":"en","title":"3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2133500411","media":"Motley Fool","summary":"The Chinese e-commerce company faces some short-term challenges, but its long-term prospects remain intact.","content":"<p>Chinese e-commerce company <b>Pinduoduo</b> (NASDAQ:PDD) was <a href=\"https://laohu8.com/S/AONE\">one</a> of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders and social distancing efforts benefited major e-commerce players like <b>Sea Limited</b> and <b>Amazon</b>. Pinduoduo, too, rose to the occasion, gaining major ground on rivals <b>Alibaba</b> (NYSE:BABA) and <b>JD.com</b>. Its revenue grew by 97% year over year in 2020.</p><p>But Pinduoduo's share-price climb seems to have run out of steam, despite continued strength for some other tech bellwethers. <b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b> share prices even hit an all-time high last week, underscoring that there's sustained demand among investors for quality tech names. Pinduoduo stock, on the other hand, is now trading down about 37% from its peak in mid-February.</p><p>Here's why the company and its stock may have fallen out of favor.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F624680%2Fwoman-shrugging-confused-uncertain-square.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"593\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2>3 reasons Pinduoduo stock has tumbled in 2021</h2><p>Pinduoduo's emergence as a major force in e-commerce has been nothing short of remarkable. In just five short years, it went from an unknown start-up to China's biggest e-commerce platform, with more active buyers than Alibaba. Revenue grew at a stunning rate and hit 59.5 &nbsp;billion yuan ($9.2 billion) in 2020, almost doubling&nbsp;year over year.</p><p>The company owes much of its success to founder Zheng Huang, a data scientist and entrepreneur who was part of the team that set up <b>Alphabet</b>'s Google China. But less than a year after he relinquished his role as CEO (on July 1, 2020) -- a move that was itself shocking -- Huang also recently stepped down as chairman of the board. That latest move may have spooked investors further -- the stock price is down 17% since the announcement on March 17.</p><p>But that's not the only reason for concern. Chinese regulators have launched wide-ranging antitrust probes into that nation's large tech companies. The government just fined Alibaba $2.8 billion for breaking anti-monopoly laws. <b>Tencent</b> and <b>Baidu</b> were hit with much smaller fines&nbsp;in March for making acquisitions without notifying authorities.</p><p>There's no clear evidence -- so far -- that Pinduoduo is involved in anti-competitive activities. But what's clear is that China is tightening its grip over its local tech titans, hurting their growth prospects. As <a href=\"https://laohu8.com/S/AONE.U\">one</a> of China's biggest e-commerce companies, Pinduoduo will need to adapt to those challenges.</p><p>In addition to these two reasons, the tide in the stock market is turning against high-growth tech companies. With many Americans beginning to resume their pre-pandemic ways, investors are selling the hypergrowth tech stocks that flourished during 2020, taking their profits, and shifting their bets into \"reopening\" plays like <b>Wells Fargo</b> and <b>Dine Brands Global</b>. Some of last year's hottest names like <b>Tesla</b> and <b><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></b> are down by 20% to 50% from all-time highs. As Pinduoduo was one of 2020's best-performing stocks, there's a high chance that some of its recent declines can be attributed to it getting caught up in the wider tech sell-off.</p><h2>What's next for Pinduoduo?</h2><p>Huang's abrupt exit from day-to-day operations at Pinduoduo has left investors with a clouded outlook heading into 2021. But it's worth noting that he remains the company's biggest shareholder. As a result, he will likely continue providing some guidance to the company. What's more, he has left Pinduoduo's management in good hands. New CEO Lei Chen -- who has worked with Huang since 2011 -- has been a key contributor to growing it into the powerhouse that it is today.</p><p>Over the next few years, Pinduoduo is well-positioned to expand further on the back of rising customer spending. Its users spend just 2,115 yuan ($300) a year on the platform, still low compared to what the average customer spends on Alibaba. Beyond e-commerce, Pinduoduo has a vision to build a \"worldwide presence in agriculture,\" which could dramatically widen its addressable market. Agriculture-related gross merchandise value (GMV) nearly doubled from 136 billion yuan in 2019 to 270 billion yuan in 2020. Management expects to hit 1 trillion yuan (around $150 billion) in annual agriculture by 2025.</p><p>In other words, Pinduoduo is just getting started -- and growth-oriented investors should take note.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 22:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese e-commerce company Pinduoduo (NASDAQ:PDD) was one of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","QNETCN":"纳斯达克中美互联网老虎指数","PDD":"拼多多","BABA":"阿里巴巴"},"source_url":"https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133500411","content_text":"Chinese e-commerce company Pinduoduo (NASDAQ:PDD) was one of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders and social distancing efforts benefited major e-commerce players like Sea Limited and Amazon. Pinduoduo, too, rose to the occasion, gaining major ground on rivals Alibaba (NYSE:BABA) and JD.com. Its revenue grew by 97% year over year in 2020.But Pinduoduo's share-price climb seems to have run out of steam, despite continued strength for some other tech bellwethers. Facebook share prices even hit an all-time high last week, underscoring that there's sustained demand among investors for quality tech names. Pinduoduo stock, on the other hand, is now trading down about 37% from its peak in mid-February.Here's why the company and its stock may have fallen out of favor.Image source: Getty Images.3 reasons Pinduoduo stock has tumbled in 2021Pinduoduo's emergence as a major force in e-commerce has been nothing short of remarkable. In just five short years, it went from an unknown start-up to China's biggest e-commerce platform, with more active buyers than Alibaba. Revenue grew at a stunning rate and hit 59.5  billion yuan ($9.2 billion) in 2020, almost doubling year over year.The company owes much of its success to founder Zheng Huang, a data scientist and entrepreneur who was part of the team that set up Alphabet's Google China. But less than a year after he relinquished his role as CEO (on July 1, 2020) -- a move that was itself shocking -- Huang also recently stepped down as chairman of the board. That latest move may have spooked investors further -- the stock price is down 17% since the announcement on March 17.But that's not the only reason for concern. Chinese regulators have launched wide-ranging antitrust probes into that nation's large tech companies. The government just fined Alibaba $2.8 billion for breaking anti-monopoly laws. Tencent and Baidu were hit with much smaller fines in March for making acquisitions without notifying authorities.There's no clear evidence -- so far -- that Pinduoduo is involved in anti-competitive activities. But what's clear is that China is tightening its grip over its local tech titans, hurting their growth prospects. As one of China's biggest e-commerce companies, Pinduoduo will need to adapt to those challenges.In addition to these two reasons, the tide in the stock market is turning against high-growth tech companies. With many Americans beginning to resume their pre-pandemic ways, investors are selling the hypergrowth tech stocks that flourished during 2020, taking their profits, and shifting their bets into \"reopening\" plays like Wells Fargo and Dine Brands Global. Some of last year's hottest names like Tesla and Snowflake are down by 20% to 50% from all-time highs. As Pinduoduo was one of 2020's best-performing stocks, there's a high chance that some of its recent declines can be attributed to it getting caught up in the wider tech sell-off.What's next for Pinduoduo?Huang's abrupt exit from day-to-day operations at Pinduoduo has left investors with a clouded outlook heading into 2021. But it's worth noting that he remains the company's biggest shareholder. As a result, he will likely continue providing some guidance to the company. What's more, he has left Pinduoduo's management in good hands. New CEO Lei Chen -- who has worked with Huang since 2011 -- has been a key contributor to growing it into the powerhouse that it is today.Over the next few years, Pinduoduo is well-positioned to expand further on the back of rising customer spending. Its users spend just 2,115 yuan ($300) a year on the platform, still low compared to what the average customer spends on Alibaba. Beyond e-commerce, Pinduoduo has a vision to build a \"worldwide presence in agriculture,\" which could dramatically widen its addressable market. Agriculture-related gross merchandise value (GMV) nearly doubled from 136 billion yuan in 2019 to 270 billion yuan in 2020. Management expects to hit 1 trillion yuan (around $150 billion) in annual agriculture by 2025.In other words, Pinduoduo is just getting started -- and growth-oriented investors should take note.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":107610484,"gmtCreate":1620479373148,"gmtModify":1634198489984,"author":{"id":"3581474862059346","authorId":"3581474862059346","name":"Jeanp14","avatar":"https://static.tigerbbs.com/d00dab9c572cde422dc929a92e26b806","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3581474862059346","authorIdStr":"3581474862059346"},"htmlText":"interesting read!&nbsp;&nbsp;","listText":"interesting read!&nbsp;&nbsp;","text":"interesting read!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/107610484","repostId":2133500411,"repostType":2,"repost":{"id":"2133500411","pubTimestamp":1620396300,"share":"https://www.laohu8.com/m/news/2133500411?lang=&edition=full","pubTime":"2021-05-07 22:05","market":"us","language":"en","title":"3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2133500411","media":"Motley Fool","summary":"The Chinese e-commerce company faces some short-term challenges, but its long-term prospects remain intact.","content":"<p>Chinese e-commerce company <b>Pinduoduo</b> (NASDAQ:PDD) was <a href=\"https://laohu8.com/S/AONE\">one</a> of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders and social distancing efforts benefited major e-commerce players like <b>Sea Limited</b> and <b>Amazon</b>. Pinduoduo, too, rose to the occasion, gaining major ground on rivals <b>Alibaba</b> (NYSE:BABA) and <b>JD.com</b>. Its revenue grew by 97% year over year in 2020.</p><p>But Pinduoduo's share-price climb seems to have run out of steam, despite continued strength for some other tech bellwethers. <b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b> share prices even hit an all-time high last week, underscoring that there's sustained demand among investors for quality tech names. Pinduoduo stock, on the other hand, is now trading down about 37% from its peak in mid-February.</p><p>Here's why the company and its stock may have fallen out of favor.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F624680%2Fwoman-shrugging-confused-uncertain-square.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"593\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2>3 reasons Pinduoduo stock has tumbled in 2021</h2><p>Pinduoduo's emergence as a major force in e-commerce has been nothing short of remarkable. In just five short years, it went from an unknown start-up to China's biggest e-commerce platform, with more active buyers than Alibaba. Revenue grew at a stunning rate and hit 59.5 &nbsp;billion yuan ($9.2 billion) in 2020, almost doubling&nbsp;year over year.</p><p>The company owes much of its success to founder Zheng Huang, a data scientist and entrepreneur who was part of the team that set up <b>Alphabet</b>'s Google China. But less than a year after he relinquished his role as CEO (on July 1, 2020) -- a move that was itself shocking -- Huang also recently stepped down as chairman of the board. That latest move may have spooked investors further -- the stock price is down 17% since the announcement on March 17.</p><p>But that's not the only reason for concern. Chinese regulators have launched wide-ranging antitrust probes into that nation's large tech companies. The government just fined Alibaba $2.8 billion for breaking anti-monopoly laws. <b>Tencent</b> and <b>Baidu</b> were hit with much smaller fines&nbsp;in March for making acquisitions without notifying authorities.</p><p>There's no clear evidence -- so far -- that Pinduoduo is involved in anti-competitive activities. But what's clear is that China is tightening its grip over its local tech titans, hurting their growth prospects. As <a href=\"https://laohu8.com/S/AONE.U\">one</a> of China's biggest e-commerce companies, Pinduoduo will need to adapt to those challenges.</p><p>In addition to these two reasons, the tide in the stock market is turning against high-growth tech companies. With many Americans beginning to resume their pre-pandemic ways, investors are selling the hypergrowth tech stocks that flourished during 2020, taking their profits, and shifting their bets into \"reopening\" plays like <b>Wells Fargo</b> and <b>Dine Brands Global</b>. Some of last year's hottest names like <b>Tesla</b> and <b><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></b> are down by 20% to 50% from all-time highs. As Pinduoduo was one of 2020's best-performing stocks, there's a high chance that some of its recent declines can be attributed to it getting caught up in the wider tech sell-off.</p><h2>What's next for Pinduoduo?</h2><p>Huang's abrupt exit from day-to-day operations at Pinduoduo has left investors with a clouded outlook heading into 2021. But it's worth noting that he remains the company's biggest shareholder. As a result, he will likely continue providing some guidance to the company. What's more, he has left Pinduoduo's management in good hands. New CEO Lei Chen -- who has worked with Huang since 2011 -- has been a key contributor to growing it into the powerhouse that it is today.</p><p>Over the next few years, Pinduoduo is well-positioned to expand further on the back of rising customer spending. Its users spend just 2,115 yuan ($300) a year on the platform, still low compared to what the average customer spends on Alibaba. Beyond e-commerce, Pinduoduo has a vision to build a \"worldwide presence in agriculture,\" which could dramatically widen its addressable market. Agriculture-related gross merchandise value (GMV) nearly doubled from 136 billion yuan in 2019 to 270 billion yuan in 2020. Management expects to hit 1 trillion yuan (around $150 billion) in annual agriculture by 2025.</p><p>In other words, Pinduoduo is just getting started -- and growth-oriented investors should take note.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 22:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese e-commerce company Pinduoduo (NASDAQ:PDD) was one of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","QNETCN":"纳斯达克中美互联网老虎指数","PDD":"拼多多","BABA":"阿里巴巴"},"source_url":"https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133500411","content_text":"Chinese e-commerce company Pinduoduo (NASDAQ:PDD) was one of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders and social distancing efforts benefited major e-commerce players like Sea Limited and Amazon. Pinduoduo, too, rose to the occasion, gaining major ground on rivals Alibaba (NYSE:BABA) and JD.com. Its revenue grew by 97% year over year in 2020.But Pinduoduo's share-price climb seems to have run out of steam, despite continued strength for some other tech bellwethers. Facebook share prices even hit an all-time high last week, underscoring that there's sustained demand among investors for quality tech names. Pinduoduo stock, on the other hand, is now trading down about 37% from its peak in mid-February.Here's why the company and its stock may have fallen out of favor.Image source: Getty Images.3 reasons Pinduoduo stock has tumbled in 2021Pinduoduo's emergence as a major force in e-commerce has been nothing short of remarkable. In just five short years, it went from an unknown start-up to China's biggest e-commerce platform, with more active buyers than Alibaba. Revenue grew at a stunning rate and hit 59.5  billion yuan ($9.2 billion) in 2020, almost doubling year over year.The company owes much of its success to founder Zheng Huang, a data scientist and entrepreneur who was part of the team that set up Alphabet's Google China. But less than a year after he relinquished his role as CEO (on July 1, 2020) -- a move that was itself shocking -- Huang also recently stepped down as chairman of the board. That latest move may have spooked investors further -- the stock price is down 17% since the announcement on March 17.But that's not the only reason for concern. Chinese regulators have launched wide-ranging antitrust probes into that nation's large tech companies. The government just fined Alibaba $2.8 billion for breaking anti-monopoly laws. Tencent and Baidu were hit with much smaller fines in March for making acquisitions without notifying authorities.There's no clear evidence -- so far -- that Pinduoduo is involved in anti-competitive activities. But what's clear is that China is tightening its grip over its local tech titans, hurting their growth prospects. As one of China's biggest e-commerce companies, Pinduoduo will need to adapt to those challenges.In addition to these two reasons, the tide in the stock market is turning against high-growth tech companies. With many Americans beginning to resume their pre-pandemic ways, investors are selling the hypergrowth tech stocks that flourished during 2020, taking their profits, and shifting their bets into \"reopening\" plays like Wells Fargo and Dine Brands Global. Some of last year's hottest names like Tesla and Snowflake are down by 20% to 50% from all-time highs. As Pinduoduo was one of 2020's best-performing stocks, there's a high chance that some of its recent declines can be attributed to it getting caught up in the wider tech sell-off.What's next for Pinduoduo?Huang's abrupt exit from day-to-day operations at Pinduoduo has left investors with a clouded outlook heading into 2021. But it's worth noting that he remains the company's biggest shareholder. As a result, he will likely continue providing some guidance to the company. What's more, he has left Pinduoduo's management in good hands. New CEO Lei Chen -- who has worked with Huang since 2011 -- has been a key contributor to growing it into the powerhouse that it is today.Over the next few years, Pinduoduo is well-positioned to expand further on the back of rising customer spending. Its users spend just 2,115 yuan ($300) a year on the platform, still low compared to what the average customer spends on Alibaba. Beyond e-commerce, Pinduoduo has a vision to build a \"worldwide presence in agriculture,\" which could dramatically widen its addressable market. Agriculture-related gross merchandise value (GMV) nearly doubled from 136 billion yuan in 2019 to 270 billion yuan in 2020. Management expects to hit 1 trillion yuan (around $150 billion) in annual agriculture by 2025.In other words, Pinduoduo is just getting started -- and growth-oriented investors should take note.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":104773987,"gmtCreate":1620430688649,"gmtModify":1634198901047,"author":{"id":"3575420065240386","authorId":"3575420065240386","name":"Teckbee","avatar":"https://static.tigerbbs.com/f6f156067aa7b580a64673cf2e93b9ac","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3575420065240386","authorIdStr":"3575420065240386"},"htmlText":"He will recover !&nbsp;","listText":"He will recover !&nbsp;","text":"He will recover !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/104773987","repostId":2133500411,"repostType":4,"repost":{"id":"2133500411","pubTimestamp":1620396300,"share":"https://www.laohu8.com/m/news/2133500411?lang=&edition=full","pubTime":"2021-05-07 22:05","market":"us","language":"en","title":"3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2133500411","media":"Motley Fool","summary":"The Chinese e-commerce company faces some short-term challenges, but its long-term prospects remain intact.","content":"<p>Chinese e-commerce company <b>Pinduoduo</b> (NASDAQ:PDD) was <a href=\"https://laohu8.com/S/AONE\">one</a> of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders and social distancing efforts benefited major e-commerce players like <b>Sea Limited</b> and <b>Amazon</b>. Pinduoduo, too, rose to the occasion, gaining major ground on rivals <b>Alibaba</b> (NYSE:BABA) and <b>JD.com</b>. Its revenue grew by 97% year over year in 2020.</p><p>But Pinduoduo's share-price climb seems to have run out of steam, despite continued strength for some other tech bellwethers. <b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b> share prices even hit an all-time high last week, underscoring that there's sustained demand among investors for quality tech names. Pinduoduo stock, on the other hand, is now trading down about 37% from its peak in mid-February.</p><p>Here's why the company and its stock may have fallen out of favor.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F624680%2Fwoman-shrugging-confused-uncertain-square.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"593\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2>3 reasons Pinduoduo stock has tumbled in 2021</h2><p>Pinduoduo's emergence as a major force in e-commerce has been nothing short of remarkable. In just five short years, it went from an unknown start-up to China's biggest e-commerce platform, with more active buyers than Alibaba. Revenue grew at a stunning rate and hit 59.5 &nbsp;billion yuan ($9.2 billion) in 2020, almost doubling&nbsp;year over year.</p><p>The company owes much of its success to founder Zheng Huang, a data scientist and entrepreneur who was part of the team that set up <b>Alphabet</b>'s Google China. But less than a year after he relinquished his role as CEO (on July 1, 2020) -- a move that was itself shocking -- Huang also recently stepped down as chairman of the board. That latest move may have spooked investors further -- the stock price is down 17% since the announcement on March 17.</p><p>But that's not the only reason for concern. Chinese regulators have launched wide-ranging antitrust probes into that nation's large tech companies. The government just fined Alibaba $2.8 billion for breaking anti-monopoly laws. <b>Tencent</b> and <b>Baidu</b> were hit with much smaller fines&nbsp;in March for making acquisitions without notifying authorities.</p><p>There's no clear evidence -- so far -- that Pinduoduo is involved in anti-competitive activities. But what's clear is that China is tightening its grip over its local tech titans, hurting their growth prospects. As <a href=\"https://laohu8.com/S/AONE.U\">one</a> of China's biggest e-commerce companies, Pinduoduo will need to adapt to those challenges.</p><p>In addition to these two reasons, the tide in the stock market is turning against high-growth tech companies. With many Americans beginning to resume their pre-pandemic ways, investors are selling the hypergrowth tech stocks that flourished during 2020, taking their profits, and shifting their bets into \"reopening\" plays like <b>Wells Fargo</b> and <b>Dine Brands Global</b>. Some of last year's hottest names like <b>Tesla</b> and <b><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></b> are down by 20% to 50% from all-time highs. As Pinduoduo was one of 2020's best-performing stocks, there's a high chance that some of its recent declines can be attributed to it getting caught up in the wider tech sell-off.</p><h2>What's next for Pinduoduo?</h2><p>Huang's abrupt exit from day-to-day operations at Pinduoduo has left investors with a clouded outlook heading into 2021. But it's worth noting that he remains the company's biggest shareholder. As a result, he will likely continue providing some guidance to the company. What's more, he has left Pinduoduo's management in good hands. New CEO Lei Chen -- who has worked with Huang since 2011 -- has been a key contributor to growing it into the powerhouse that it is today.</p><p>Over the next few years, Pinduoduo is well-positioned to expand further on the back of rising customer spending. Its users spend just 2,115 yuan ($300) a year on the platform, still low compared to what the average customer spends on Alibaba. Beyond e-commerce, Pinduoduo has a vision to build a \"worldwide presence in agriculture,\" which could dramatically widen its addressable market. Agriculture-related gross merchandise value (GMV) nearly doubled from 136 billion yuan in 2019 to 270 billion yuan in 2020. Management expects to hit 1 trillion yuan (around $150 billion) in annual agriculture by 2025.</p><p>In other words, Pinduoduo is just getting started -- and growth-oriented investors should take note.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 22:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese e-commerce company Pinduoduo (NASDAQ:PDD) was one of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","QNETCN":"纳斯达克中美互联网老虎指数","PDD":"拼多多","BABA":"阿里巴巴"},"source_url":"https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133500411","content_text":"Chinese e-commerce company Pinduoduo (NASDAQ:PDD) was one of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders and social distancing efforts benefited major e-commerce players like Sea Limited and Amazon. Pinduoduo, too, rose to the occasion, gaining major ground on rivals Alibaba (NYSE:BABA) and JD.com. Its revenue grew by 97% year over year in 2020.But Pinduoduo's share-price climb seems to have run out of steam, despite continued strength for some other tech bellwethers. Facebook share prices even hit an all-time high last week, underscoring that there's sustained demand among investors for quality tech names. Pinduoduo stock, on the other hand, is now trading down about 37% from its peak in mid-February.Here's why the company and its stock may have fallen out of favor.Image source: Getty Images.3 reasons Pinduoduo stock has tumbled in 2021Pinduoduo's emergence as a major force in e-commerce has been nothing short of remarkable. In just five short years, it went from an unknown start-up to China's biggest e-commerce platform, with more active buyers than Alibaba. Revenue grew at a stunning rate and hit 59.5  billion yuan ($9.2 billion) in 2020, almost doubling year over year.The company owes much of its success to founder Zheng Huang, a data scientist and entrepreneur who was part of the team that set up Alphabet's Google China. But less than a year after he relinquished his role as CEO (on July 1, 2020) -- a move that was itself shocking -- Huang also recently stepped down as chairman of the board. That latest move may have spooked investors further -- the stock price is down 17% since the announcement on March 17.But that's not the only reason for concern. Chinese regulators have launched wide-ranging antitrust probes into that nation's large tech companies. The government just fined Alibaba $2.8 billion for breaking anti-monopoly laws. Tencent and Baidu were hit with much smaller fines in March for making acquisitions without notifying authorities.There's no clear evidence -- so far -- that Pinduoduo is involved in anti-competitive activities. But what's clear is that China is tightening its grip over its local tech titans, hurting their growth prospects. As one of China's biggest e-commerce companies, Pinduoduo will need to adapt to those challenges.In addition to these two reasons, the tide in the stock market is turning against high-growth tech companies. With many Americans beginning to resume their pre-pandemic ways, investors are selling the hypergrowth tech stocks that flourished during 2020, taking their profits, and shifting their bets into \"reopening\" plays like Wells Fargo and Dine Brands Global. Some of last year's hottest names like Tesla and Snowflake are down by 20% to 50% from all-time highs. As Pinduoduo was one of 2020's best-performing stocks, there's a high chance that some of its recent declines can be attributed to it getting caught up in the wider tech sell-off.What's next for Pinduoduo?Huang's abrupt exit from day-to-day operations at Pinduoduo has left investors with a clouded outlook heading into 2021. But it's worth noting that he remains the company's biggest shareholder. As a result, he will likely continue providing some guidance to the company. What's more, he has left Pinduoduo's management in good hands. New CEO Lei Chen -- who has worked with Huang since 2011 -- has been a key contributor to growing it into the powerhouse that it is today.Over the next few years, Pinduoduo is well-positioned to expand further on the back of rising customer spending. Its users spend just 2,115 yuan ($300) a year on the platform, still low compared to what the average customer spends on Alibaba. Beyond e-commerce, Pinduoduo has a vision to build a \"worldwide presence in agriculture,\" which could dramatically widen its addressable market. Agriculture-related gross merchandise value (GMV) nearly doubled from 136 billion yuan in 2019 to 270 billion yuan in 2020. Management expects to hit 1 trillion yuan (around $150 billion) in annual agriculture by 2025.In other words, Pinduoduo is just getting started -- and growth-oriented investors should take note.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":104755908,"gmtCreate":1620429770204,"gmtModify":1634198913321,"author":{"id":"3576888762442253","authorId":"3576888762442253","name":"Barbarazhao","avatar":"https://static.tigerbbs.com/40f6fdeabe0e8cac300f1fd2a17eb3ac","vip":1,"crmLevel":8,"crmLevelSwitch":0,"idStr":"3576888762442253","authorIdStr":"3576888762442253"},"htmlText":"I believe PDD will continue to do well&nbsp;","listText":"I believe PDD will continue to do well&nbsp;","text":"I believe PDD will continue to do well","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/104755908","repostId":2133500411,"repostType":4,"repost":{"id":"2133500411","pubTimestamp":1620396300,"share":"https://www.laohu8.com/m/news/2133500411?lang=&edition=full","pubTime":"2021-05-07 22:05","market":"us","language":"en","title":"3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2133500411","media":"Motley Fool","summary":"The Chinese e-commerce company faces some short-term challenges, but its long-term prospects remain intact.","content":"<p>Chinese e-commerce company <b>Pinduoduo</b> (NASDAQ:PDD) was <a href=\"https://laohu8.com/S/AONE\">one</a> of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders and social distancing efforts benefited major e-commerce players like <b>Sea Limited</b> and <b>Amazon</b>. Pinduoduo, too, rose to the occasion, gaining major ground on rivals <b>Alibaba</b> (NYSE:BABA) and <b>JD.com</b>. Its revenue grew by 97% year over year in 2020.</p><p>But Pinduoduo's share-price climb seems to have run out of steam, despite continued strength for some other tech bellwethers. <b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b> share prices even hit an all-time high last week, underscoring that there's sustained demand among investors for quality tech names. Pinduoduo stock, on the other hand, is now trading down about 37% from its peak in mid-February.</p><p>Here's why the company and its stock may have fallen out of favor.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F624680%2Fwoman-shrugging-confused-uncertain-square.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"593\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2>3 reasons Pinduoduo stock has tumbled in 2021</h2><p>Pinduoduo's emergence as a major force in e-commerce has been nothing short of remarkable. In just five short years, it went from an unknown start-up to China's biggest e-commerce platform, with more active buyers than Alibaba. Revenue grew at a stunning rate and hit 59.5 &nbsp;billion yuan ($9.2 billion) in 2020, almost doubling&nbsp;year over year.</p><p>The company owes much of its success to founder Zheng Huang, a data scientist and entrepreneur who was part of the team that set up <b>Alphabet</b>'s Google China. But less than a year after he relinquished his role as CEO (on July 1, 2020) -- a move that was itself shocking -- Huang also recently stepped down as chairman of the board. That latest move may have spooked investors further -- the stock price is down 17% since the announcement on March 17.</p><p>But that's not the only reason for concern. Chinese regulators have launched wide-ranging antitrust probes into that nation's large tech companies. The government just fined Alibaba $2.8 billion for breaking anti-monopoly laws. <b>Tencent</b> and <b>Baidu</b> were hit with much smaller fines&nbsp;in March for making acquisitions without notifying authorities.</p><p>There's no clear evidence -- so far -- that Pinduoduo is involved in anti-competitive activities. But what's clear is that China is tightening its grip over its local tech titans, hurting their growth prospects. As <a href=\"https://laohu8.com/S/AONE.U\">one</a> of China's biggest e-commerce companies, Pinduoduo will need to adapt to those challenges.</p><p>In addition to these two reasons, the tide in the stock market is turning against high-growth tech companies. With many Americans beginning to resume their pre-pandemic ways, investors are selling the hypergrowth tech stocks that flourished during 2020, taking their profits, and shifting their bets into \"reopening\" plays like <b>Wells Fargo</b> and <b>Dine Brands Global</b>. Some of last year's hottest names like <b>Tesla</b> and <b><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></b> are down by 20% to 50% from all-time highs. As Pinduoduo was one of 2020's best-performing stocks, there's a high chance that some of its recent declines can be attributed to it getting caught up in the wider tech sell-off.</p><h2>What's next for Pinduoduo?</h2><p>Huang's abrupt exit from day-to-day operations at Pinduoduo has left investors with a clouded outlook heading into 2021. But it's worth noting that he remains the company's biggest shareholder. As a result, he will likely continue providing some guidance to the company. What's more, he has left Pinduoduo's management in good hands. New CEO Lei Chen -- who has worked with Huang since 2011 -- has been a key contributor to growing it into the powerhouse that it is today.</p><p>Over the next few years, Pinduoduo is well-positioned to expand further on the back of rising customer spending. Its users spend just 2,115 yuan ($300) a year on the platform, still low compared to what the average customer spends on Alibaba. Beyond e-commerce, Pinduoduo has a vision to build a \"worldwide presence in agriculture,\" which could dramatically widen its addressable market. Agriculture-related gross merchandise value (GMV) nearly doubled from 136 billion yuan in 2019 to 270 billion yuan in 2020. Management expects to hit 1 trillion yuan (around $150 billion) in annual agriculture by 2025.</p><p>In other words, Pinduoduo is just getting started -- and growth-oriented investors should take note.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 22:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese e-commerce company Pinduoduo (NASDAQ:PDD) was one of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","QNETCN":"纳斯达克中美互联网老虎指数","PDD":"拼多多","BABA":"阿里巴巴"},"source_url":"https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133500411","content_text":"Chinese e-commerce company Pinduoduo (NASDAQ:PDD) was one of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders and social distancing efforts benefited major e-commerce players like Sea Limited and Amazon. Pinduoduo, too, rose to the occasion, gaining major ground on rivals Alibaba (NYSE:BABA) and JD.com. Its revenue grew by 97% year over year in 2020.But Pinduoduo's share-price climb seems to have run out of steam, despite continued strength for some other tech bellwethers. Facebook share prices even hit an all-time high last week, underscoring that there's sustained demand among investors for quality tech names. Pinduoduo stock, on the other hand, is now trading down about 37% from its peak in mid-February.Here's why the company and its stock may have fallen out of favor.Image source: Getty Images.3 reasons Pinduoduo stock has tumbled in 2021Pinduoduo's emergence as a major force in e-commerce has been nothing short of remarkable. In just five short years, it went from an unknown start-up to China's biggest e-commerce platform, with more active buyers than Alibaba. Revenue grew at a stunning rate and hit 59.5  billion yuan ($9.2 billion) in 2020, almost doubling year over year.The company owes much of its success to founder Zheng Huang, a data scientist and entrepreneur who was part of the team that set up Alphabet's Google China. But less than a year after he relinquished his role as CEO (on July 1, 2020) -- a move that was itself shocking -- Huang also recently stepped down as chairman of the board. That latest move may have spooked investors further -- the stock price is down 17% since the announcement on March 17.But that's not the only reason for concern. Chinese regulators have launched wide-ranging antitrust probes into that nation's large tech companies. The government just fined Alibaba $2.8 billion for breaking anti-monopoly laws. Tencent and Baidu were hit with much smaller fines in March for making acquisitions without notifying authorities.There's no clear evidence -- so far -- that Pinduoduo is involved in anti-competitive activities. But what's clear is that China is tightening its grip over its local tech titans, hurting their growth prospects. As one of China's biggest e-commerce companies, Pinduoduo will need to adapt to those challenges.In addition to these two reasons, the tide in the stock market is turning against high-growth tech companies. With many Americans beginning to resume their pre-pandemic ways, investors are selling the hypergrowth tech stocks that flourished during 2020, taking their profits, and shifting their bets into \"reopening\" plays like Wells Fargo and Dine Brands Global. Some of last year's hottest names like Tesla and Snowflake are down by 20% to 50% from all-time highs. As Pinduoduo was one of 2020's best-performing stocks, there's a high chance that some of its recent declines can be attributed to it getting caught up in the wider tech sell-off.What's next for Pinduoduo?Huang's abrupt exit from day-to-day operations at Pinduoduo has left investors with a clouded outlook heading into 2021. But it's worth noting that he remains the company's biggest shareholder. As a result, he will likely continue providing some guidance to the company. What's more, he has left Pinduoduo's management in good hands. New CEO Lei Chen -- who has worked with Huang since 2011 -- has been a key contributor to growing it into the powerhouse that it is today.Over the next few years, Pinduoduo is well-positioned to expand further on the back of rising customer spending. Its users spend just 2,115 yuan ($300) a year on the platform, still low compared to what the average customer spends on Alibaba. Beyond e-commerce, Pinduoduo has a vision to build a \"worldwide presence in agriculture,\" which could dramatically widen its addressable market. Agriculture-related gross merchandise value (GMV) nearly doubled from 136 billion yuan in 2019 to 270 billion yuan in 2020. Management expects to hit 1 trillion yuan (around $150 billion) in annual agriculture by 2025.In other words, Pinduoduo is just getting started -- and growth-oriented investors should take note.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":104720140,"gmtCreate":1620428561880,"gmtModify":1634198925285,"author":{"id":"3583477124606153","authorId":"3583477124606153","name":"jellyu","avatar":"https://static.tigerbbs.com/41f42e1666036fef6b5740dd42f1cfc1","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3583477124606153","authorIdStr":"3583477124606153"},"htmlText":"Like this&nbsp;","listText":"Like this&nbsp;","text":"Like this","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/104720140","repostId":2133500411,"repostType":4,"repost":{"id":"2133500411","pubTimestamp":1620396300,"share":"https://www.laohu8.com/m/news/2133500411?lang=&edition=full","pubTime":"2021-05-07 22:05","market":"us","language":"en","title":"3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2133500411","media":"Motley Fool","summary":"The Chinese e-commerce company faces some short-term challenges, but its long-term prospects remain intact.","content":"<p>Chinese e-commerce company <b>Pinduoduo</b> (NASDAQ:PDD) was <a href=\"https://laohu8.com/S/AONE\">one</a> of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders and social distancing efforts benefited major e-commerce players like <b>Sea Limited</b> and <b>Amazon</b>. Pinduoduo, too, rose to the occasion, gaining major ground on rivals <b>Alibaba</b> (NYSE:BABA) and <b>JD.com</b>. Its revenue grew by 97% year over year in 2020.</p><p>But Pinduoduo's share-price climb seems to have run out of steam, despite continued strength for some other tech bellwethers. <b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b> share prices even hit an all-time high last week, underscoring that there's sustained demand among investors for quality tech names. Pinduoduo stock, on the other hand, is now trading down about 37% from its peak in mid-February.</p><p>Here's why the company and its stock may have fallen out of favor.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F624680%2Fwoman-shrugging-confused-uncertain-square.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"593\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2>3 reasons Pinduoduo stock has tumbled in 2021</h2><p>Pinduoduo's emergence as a major force in e-commerce has been nothing short of remarkable. In just five short years, it went from an unknown start-up to China's biggest e-commerce platform, with more active buyers than Alibaba. Revenue grew at a stunning rate and hit 59.5 &nbsp;billion yuan ($9.2 billion) in 2020, almost doubling&nbsp;year over year.</p><p>The company owes much of its success to founder Zheng Huang, a data scientist and entrepreneur who was part of the team that set up <b>Alphabet</b>'s Google China. But less than a year after he relinquished his role as CEO (on July 1, 2020) -- a move that was itself shocking -- Huang also recently stepped down as chairman of the board. That latest move may have spooked investors further -- the stock price is down 17% since the announcement on March 17.</p><p>But that's not the only reason for concern. Chinese regulators have launched wide-ranging antitrust probes into that nation's large tech companies. The government just fined Alibaba $2.8 billion for breaking anti-monopoly laws. <b>Tencent</b> and <b>Baidu</b> were hit with much smaller fines&nbsp;in March for making acquisitions without notifying authorities.</p><p>There's no clear evidence -- so far -- that Pinduoduo is involved in anti-competitive activities. But what's clear is that China is tightening its grip over its local tech titans, hurting their growth prospects. As <a href=\"https://laohu8.com/S/AONE.U\">one</a> of China's biggest e-commerce companies, Pinduoduo will need to adapt to those challenges.</p><p>In addition to these two reasons, the tide in the stock market is turning against high-growth tech companies. With many Americans beginning to resume their pre-pandemic ways, investors are selling the hypergrowth tech stocks that flourished during 2020, taking their profits, and shifting their bets into \"reopening\" plays like <b>Wells Fargo</b> and <b>Dine Brands Global</b>. Some of last year's hottest names like <b>Tesla</b> and <b><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></b> are down by 20% to 50% from all-time highs. As Pinduoduo was one of 2020's best-performing stocks, there's a high chance that some of its recent declines can be attributed to it getting caught up in the wider tech sell-off.</p><h2>What's next for Pinduoduo?</h2><p>Huang's abrupt exit from day-to-day operations at Pinduoduo has left investors with a clouded outlook heading into 2021. But it's worth noting that he remains the company's biggest shareholder. As a result, he will likely continue providing some guidance to the company. What's more, he has left Pinduoduo's management in good hands. New CEO Lei Chen -- who has worked with Huang since 2011 -- has been a key contributor to growing it into the powerhouse that it is today.</p><p>Over the next few years, Pinduoduo is well-positioned to expand further on the back of rising customer spending. Its users spend just 2,115 yuan ($300) a year on the platform, still low compared to what the average customer spends on Alibaba. Beyond e-commerce, Pinduoduo has a vision to build a \"worldwide presence in agriculture,\" which could dramatically widen its addressable market. Agriculture-related gross merchandise value (GMV) nearly doubled from 136 billion yuan in 2019 to 270 billion yuan in 2020. Management expects to hit 1 trillion yuan (around $150 billion) in annual agriculture by 2025.</p><p>In other words, Pinduoduo is just getting started -- and growth-oriented investors should take note.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 22:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese e-commerce company Pinduoduo (NASDAQ:PDD) was one of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","QNETCN":"纳斯达克中美互联网老虎指数","PDD":"拼多多","BABA":"阿里巴巴"},"source_url":"https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133500411","content_text":"Chinese e-commerce company Pinduoduo (NASDAQ:PDD) was one of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders and social distancing efforts benefited major e-commerce players like Sea Limited and Amazon. Pinduoduo, too, rose to the occasion, gaining major ground on rivals Alibaba (NYSE:BABA) and JD.com. Its revenue grew by 97% year over year in 2020.But Pinduoduo's share-price climb seems to have run out of steam, despite continued strength for some other tech bellwethers. Facebook share prices even hit an all-time high last week, underscoring that there's sustained demand among investors for quality tech names. Pinduoduo stock, on the other hand, is now trading down about 37% from its peak in mid-February.Here's why the company and its stock may have fallen out of favor.Image source: Getty Images.3 reasons Pinduoduo stock has tumbled in 2021Pinduoduo's emergence as a major force in e-commerce has been nothing short of remarkable. In just five short years, it went from an unknown start-up to China's biggest e-commerce platform, with more active buyers than Alibaba. Revenue grew at a stunning rate and hit 59.5  billion yuan ($9.2 billion) in 2020, almost doubling year over year.The company owes much of its success to founder Zheng Huang, a data scientist and entrepreneur who was part of the team that set up Alphabet's Google China. But less than a year after he relinquished his role as CEO (on July 1, 2020) -- a move that was itself shocking -- Huang also recently stepped down as chairman of the board. That latest move may have spooked investors further -- the stock price is down 17% since the announcement on March 17.But that's not the only reason for concern. Chinese regulators have launched wide-ranging antitrust probes into that nation's large tech companies. The government just fined Alibaba $2.8 billion for breaking anti-monopoly laws. Tencent and Baidu were hit with much smaller fines in March for making acquisitions without notifying authorities.There's no clear evidence -- so far -- that Pinduoduo is involved in anti-competitive activities. But what's clear is that China is tightening its grip over its local tech titans, hurting their growth prospects. As one of China's biggest e-commerce companies, Pinduoduo will need to adapt to those challenges.In addition to these two reasons, the tide in the stock market is turning against high-growth tech companies. With many Americans beginning to resume their pre-pandemic ways, investors are selling the hypergrowth tech stocks that flourished during 2020, taking their profits, and shifting their bets into \"reopening\" plays like Wells Fargo and Dine Brands Global. Some of last year's hottest names like Tesla and Snowflake are down by 20% to 50% from all-time highs. As Pinduoduo was one of 2020's best-performing stocks, there's a high chance that some of its recent declines can be attributed to it getting caught up in the wider tech sell-off.What's next for Pinduoduo?Huang's abrupt exit from day-to-day operations at Pinduoduo has left investors with a clouded outlook heading into 2021. But it's worth noting that he remains the company's biggest shareholder. As a result, he will likely continue providing some guidance to the company. What's more, he has left Pinduoduo's management in good hands. New CEO Lei Chen -- who has worked with Huang since 2011 -- has been a key contributor to growing it into the powerhouse that it is today.Over the next few years, Pinduoduo is well-positioned to expand further on the back of rising customer spending. Its users spend just 2,115 yuan ($300) a year on the platform, still low compared to what the average customer spends on Alibaba. Beyond e-commerce, Pinduoduo has a vision to build a \"worldwide presence in agriculture,\" which could dramatically widen its addressable market. Agriculture-related gross merchandise value (GMV) nearly doubled from 136 billion yuan in 2019 to 270 billion yuan in 2020. Management expects to hit 1 trillion yuan (around $150 billion) in annual agriculture by 2025.In other words, Pinduoduo is just getting started -- and growth-oriented investors should take note.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4263565,"gmtCreate":1620479391381,"gmtModify":1635500300365,"authorId":3581474862059346,"author":{"id":3581474862059346,"idStr":"3581474862059346","authorId":3581474862059346,"name":"Jeanp14","avatar":"https://static.tigerbbs.com/d00dab9c572cde422dc929a92e26b806","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104720140,"type":1,"supId":0,"prevId":0,"content":"Okay! ","text":"Okay! ","html":"Okay! "}],"langContent":"EN"},{"id":104762239,"gmtCreate":1620428254821,"gmtModify":1634198928006,"author":{"id":"3583477124606153","authorId":"3583477124606153","name":"jellyu","avatar":"https://static.tigerbbs.com/41f42e1666036fef6b5740dd42f1cfc1","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3583477124606153","authorIdStr":"3583477124606153"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/104762239","repostId":2133500411,"repostType":4,"repost":{"id":"2133500411","pubTimestamp":1620396300,"share":"https://www.laohu8.com/m/news/2133500411?lang=&edition=full","pubTime":"2021-05-07 22:05","market":"us","language":"en","title":"3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2133500411","media":"Motley Fool","summary":"The Chinese e-commerce company faces some short-term challenges, but its long-term prospects remain intact.","content":"<p>Chinese e-commerce company <b>Pinduoduo</b> (NASDAQ:PDD) was <a href=\"https://laohu8.com/S/AONE\">one</a> of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders and social distancing efforts benefited major e-commerce players like <b>Sea Limited</b> and <b>Amazon</b>. Pinduoduo, too, rose to the occasion, gaining major ground on rivals <b>Alibaba</b> (NYSE:BABA) and <b>JD.com</b>. Its revenue grew by 97% year over year in 2020.</p><p>But Pinduoduo's share-price climb seems to have run out of steam, despite continued strength for some other tech bellwethers. <b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b> share prices even hit an all-time high last week, underscoring that there's sustained demand among investors for quality tech names. Pinduoduo stock, on the other hand, is now trading down about 37% from its peak in mid-February.</p><p>Here's why the company and its stock may have fallen out of favor.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F624680%2Fwoman-shrugging-confused-uncertain-square.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"593\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2>3 reasons Pinduoduo stock has tumbled in 2021</h2><p>Pinduoduo's emergence as a major force in e-commerce has been nothing short of remarkable. In just five short years, it went from an unknown start-up to China's biggest e-commerce platform, with more active buyers than Alibaba. Revenue grew at a stunning rate and hit 59.5 &nbsp;billion yuan ($9.2 billion) in 2020, almost doubling&nbsp;year over year.</p><p>The company owes much of its success to founder Zheng Huang, a data scientist and entrepreneur who was part of the team that set up <b>Alphabet</b>'s Google China. But less than a year after he relinquished his role as CEO (on July 1, 2020) -- a move that was itself shocking -- Huang also recently stepped down as chairman of the board. That latest move may have spooked investors further -- the stock price is down 17% since the announcement on March 17.</p><p>But that's not the only reason for concern. Chinese regulators have launched wide-ranging antitrust probes into that nation's large tech companies. The government just fined Alibaba $2.8 billion for breaking anti-monopoly laws. <b>Tencent</b> and <b>Baidu</b> were hit with much smaller fines&nbsp;in March for making acquisitions without notifying authorities.</p><p>There's no clear evidence -- so far -- that Pinduoduo is involved in anti-competitive activities. But what's clear is that China is tightening its grip over its local tech titans, hurting their growth prospects. As <a href=\"https://laohu8.com/S/AONE.U\">one</a> of China's biggest e-commerce companies, Pinduoduo will need to adapt to those challenges.</p><p>In addition to these two reasons, the tide in the stock market is turning against high-growth tech companies. With many Americans beginning to resume their pre-pandemic ways, investors are selling the hypergrowth tech stocks that flourished during 2020, taking their profits, and shifting their bets into \"reopening\" plays like <b>Wells Fargo</b> and <b>Dine Brands Global</b>. Some of last year's hottest names like <b>Tesla</b> and <b><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></b> are down by 20% to 50% from all-time highs. As Pinduoduo was one of 2020's best-performing stocks, there's a high chance that some of its recent declines can be attributed to it getting caught up in the wider tech sell-off.</p><h2>What's next for Pinduoduo?</h2><p>Huang's abrupt exit from day-to-day operations at Pinduoduo has left investors with a clouded outlook heading into 2021. But it's worth noting that he remains the company's biggest shareholder. As a result, he will likely continue providing some guidance to the company. What's more, he has left Pinduoduo's management in good hands. New CEO Lei Chen -- who has worked with Huang since 2011 -- has been a key contributor to growing it into the powerhouse that it is today.</p><p>Over the next few years, Pinduoduo is well-positioned to expand further on the back of rising customer spending. Its users spend just 2,115 yuan ($300) a year on the platform, still low compared to what the average customer spends on Alibaba. Beyond e-commerce, Pinduoduo has a vision to build a \"worldwide presence in agriculture,\" which could dramatically widen its addressable market. Agriculture-related gross merchandise value (GMV) nearly doubled from 136 billion yuan in 2019 to 270 billion yuan in 2020. Management expects to hit 1 trillion yuan (around $150 billion) in annual agriculture by 2025.</p><p>In other words, Pinduoduo is just getting started -- and growth-oriented investors should take note.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 22:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese e-commerce company Pinduoduo (NASDAQ:PDD) was one of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","QNETCN":"纳斯达克中美互联网老虎指数","PDD":"拼多多","BABA":"阿里巴巴"},"source_url":"https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133500411","content_text":"Chinese e-commerce company Pinduoduo (NASDAQ:PDD) was one of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders and social distancing efforts benefited major e-commerce players like Sea Limited and Amazon. Pinduoduo, too, rose to the occasion, gaining major ground on rivals Alibaba (NYSE:BABA) and JD.com. Its revenue grew by 97% year over year in 2020.But Pinduoduo's share-price climb seems to have run out of steam, despite continued strength for some other tech bellwethers. Facebook share prices even hit an all-time high last week, underscoring that there's sustained demand among investors for quality tech names. Pinduoduo stock, on the other hand, is now trading down about 37% from its peak in mid-February.Here's why the company and its stock may have fallen out of favor.Image source: Getty Images.3 reasons Pinduoduo stock has tumbled in 2021Pinduoduo's emergence as a major force in e-commerce has been nothing short of remarkable. In just five short years, it went from an unknown start-up to China's biggest e-commerce platform, with more active buyers than Alibaba. Revenue grew at a stunning rate and hit 59.5  billion yuan ($9.2 billion) in 2020, almost doubling year over year.The company owes much of its success to founder Zheng Huang, a data scientist and entrepreneur who was part of the team that set up Alphabet's Google China. But less than a year after he relinquished his role as CEO (on July 1, 2020) -- a move that was itself shocking -- Huang also recently stepped down as chairman of the board. That latest move may have spooked investors further -- the stock price is down 17% since the announcement on March 17.But that's not the only reason for concern. Chinese regulators have launched wide-ranging antitrust probes into that nation's large tech companies. The government just fined Alibaba $2.8 billion for breaking anti-monopoly laws. Tencent and Baidu were hit with much smaller fines in March for making acquisitions without notifying authorities.There's no clear evidence -- so far -- that Pinduoduo is involved in anti-competitive activities. But what's clear is that China is tightening its grip over its local tech titans, hurting their growth prospects. As one of China's biggest e-commerce companies, Pinduoduo will need to adapt to those challenges.In addition to these two reasons, the tide in the stock market is turning against high-growth tech companies. With many Americans beginning to resume their pre-pandemic ways, investors are selling the hypergrowth tech stocks that flourished during 2020, taking their profits, and shifting their bets into \"reopening\" plays like Wells Fargo and Dine Brands Global. Some of last year's hottest names like Tesla and Snowflake are down by 20% to 50% from all-time highs. As Pinduoduo was one of 2020's best-performing stocks, there's a high chance that some of its recent declines can be attributed to it getting caught up in the wider tech sell-off.What's next for Pinduoduo?Huang's abrupt exit from day-to-day operations at Pinduoduo has left investors with a clouded outlook heading into 2021. But it's worth noting that he remains the company's biggest shareholder. As a result, he will likely continue providing some guidance to the company. What's more, he has left Pinduoduo's management in good hands. New CEO Lei Chen -- who has worked with Huang since 2011 -- has been a key contributor to growing it into the powerhouse that it is today.Over the next few years, Pinduoduo is well-positioned to expand further on the back of rising customer spending. Its users spend just 2,115 yuan ($300) a year on the platform, still low compared to what the average customer spends on Alibaba. Beyond e-commerce, Pinduoduo has a vision to build a \"worldwide presence in agriculture,\" which could dramatically widen its addressable market. Agriculture-related gross merchandise value (GMV) nearly doubled from 136 billion yuan in 2019 to 270 billion yuan in 2020. Management expects to hit 1 trillion yuan (around $150 billion) in annual agriculture by 2025.In other words, Pinduoduo is just getting started -- and growth-oriented investors should take note.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":104719705,"gmtCreate":1620424515807,"gmtModify":1634198945624,"author":{"id":"3575368380492738","authorId":"3575368380492738","name":"Huazai","avatar":"https://static.tigerbbs.com/b49ee8932c56a165de373cdc1d186dc4","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3575368380492738","authorIdStr":"3575368380492738"},"htmlText":"Need more up for&nbsp;Or adjusting down for&nbsp;","listText":"Need more up for&nbsp;Or adjusting down for&nbsp;","text":"Need more up for Or adjusting down for","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/104719705","repostId":2133500411,"repostType":4,"repost":{"id":"2133500411","pubTimestamp":1620396300,"share":"https://www.laohu8.com/m/news/2133500411?lang=&edition=full","pubTime":"2021-05-07 22:05","market":"us","language":"en","title":"3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2133500411","media":"Motley Fool","summary":"The Chinese e-commerce company faces some short-term challenges, but its long-term prospects remain intact.","content":"<p>Chinese e-commerce company <b>Pinduoduo</b> (NASDAQ:PDD) was <a href=\"https://laohu8.com/S/AONE\">one</a> of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders and social distancing efforts benefited major e-commerce players like <b>Sea Limited</b> and <b>Amazon</b>. Pinduoduo, too, rose to the occasion, gaining major ground on rivals <b>Alibaba</b> (NYSE:BABA) and <b>JD.com</b>. Its revenue grew by 97% year over year in 2020.</p><p>But Pinduoduo's share-price climb seems to have run out of steam, despite continued strength for some other tech bellwethers. <b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b> share prices even hit an all-time high last week, underscoring that there's sustained demand among investors for quality tech names. Pinduoduo stock, on the other hand, is now trading down about 37% from its peak in mid-February.</p><p>Here's why the company and its stock may have fallen out of favor.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F624680%2Fwoman-shrugging-confused-uncertain-square.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"593\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2>3 reasons Pinduoduo stock has tumbled in 2021</h2><p>Pinduoduo's emergence as a major force in e-commerce has been nothing short of remarkable. In just five short years, it went from an unknown start-up to China's biggest e-commerce platform, with more active buyers than Alibaba. Revenue grew at a stunning rate and hit 59.5 &nbsp;billion yuan ($9.2 billion) in 2020, almost doubling&nbsp;year over year.</p><p>The company owes much of its success to founder Zheng Huang, a data scientist and entrepreneur who was part of the team that set up <b>Alphabet</b>'s Google China. But less than a year after he relinquished his role as CEO (on July 1, 2020) -- a move that was itself shocking -- Huang also recently stepped down as chairman of the board. That latest move may have spooked investors further -- the stock price is down 17% since the announcement on March 17.</p><p>But that's not the only reason for concern. Chinese regulators have launched wide-ranging antitrust probes into that nation's large tech companies. The government just fined Alibaba $2.8 billion for breaking anti-monopoly laws. <b>Tencent</b> and <b>Baidu</b> were hit with much smaller fines&nbsp;in March for making acquisitions without notifying authorities.</p><p>There's no clear evidence -- so far -- that Pinduoduo is involved in anti-competitive activities. But what's clear is that China is tightening its grip over its local tech titans, hurting their growth prospects. As <a href=\"https://laohu8.com/S/AONE.U\">one</a> of China's biggest e-commerce companies, Pinduoduo will need to adapt to those challenges.</p><p>In addition to these two reasons, the tide in the stock market is turning against high-growth tech companies. With many Americans beginning to resume their pre-pandemic ways, investors are selling the hypergrowth tech stocks that flourished during 2020, taking their profits, and shifting their bets into \"reopening\" plays like <b>Wells Fargo</b> and <b>Dine Brands Global</b>. Some of last year's hottest names like <b>Tesla</b> and <b><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></b> are down by 20% to 50% from all-time highs. As Pinduoduo was one of 2020's best-performing stocks, there's a high chance that some of its recent declines can be attributed to it getting caught up in the wider tech sell-off.</p><h2>What's next for Pinduoduo?</h2><p>Huang's abrupt exit from day-to-day operations at Pinduoduo has left investors with a clouded outlook heading into 2021. But it's worth noting that he remains the company's biggest shareholder. As a result, he will likely continue providing some guidance to the company. What's more, he has left Pinduoduo's management in good hands. New CEO Lei Chen -- who has worked with Huang since 2011 -- has been a key contributor to growing it into the powerhouse that it is today.</p><p>Over the next few years, Pinduoduo is well-positioned to expand further on the back of rising customer spending. Its users spend just 2,115 yuan ($300) a year on the platform, still low compared to what the average customer spends on Alibaba. Beyond e-commerce, Pinduoduo has a vision to build a \"worldwide presence in agriculture,\" which could dramatically widen its addressable market. Agriculture-related gross merchandise value (GMV) nearly doubled from 136 billion yuan in 2019 to 270 billion yuan in 2020. Management expects to hit 1 trillion yuan (around $150 billion) in annual agriculture by 2025.</p><p>In other words, Pinduoduo is just getting started -- and growth-oriented investors should take note.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 22:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese e-commerce company Pinduoduo (NASDAQ:PDD) was one of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","QNETCN":"纳斯达克中美互联网老虎指数","PDD":"拼多多","BABA":"阿里巴巴"},"source_url":"https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133500411","content_text":"Chinese e-commerce company Pinduoduo (NASDAQ:PDD) was one of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders and social distancing efforts benefited major e-commerce players like Sea Limited and Amazon. Pinduoduo, too, rose to the occasion, gaining major ground on rivals Alibaba (NYSE:BABA) and JD.com. Its revenue grew by 97% year over year in 2020.But Pinduoduo's share-price climb seems to have run out of steam, despite continued strength for some other tech bellwethers. Facebook share prices even hit an all-time high last week, underscoring that there's sustained demand among investors for quality tech names. Pinduoduo stock, on the other hand, is now trading down about 37% from its peak in mid-February.Here's why the company and its stock may have fallen out of favor.Image source: Getty Images.3 reasons Pinduoduo stock has tumbled in 2021Pinduoduo's emergence as a major force in e-commerce has been nothing short of remarkable. In just five short years, it went from an unknown start-up to China's biggest e-commerce platform, with more active buyers than Alibaba. Revenue grew at a stunning rate and hit 59.5  billion yuan ($9.2 billion) in 2020, almost doubling year over year.The company owes much of its success to founder Zheng Huang, a data scientist and entrepreneur who was part of the team that set up Alphabet's Google China. But less than a year after he relinquished his role as CEO (on July 1, 2020) -- a move that was itself shocking -- Huang also recently stepped down as chairman of the board. That latest move may have spooked investors further -- the stock price is down 17% since the announcement on March 17.But that's not the only reason for concern. Chinese regulators have launched wide-ranging antitrust probes into that nation's large tech companies. The government just fined Alibaba $2.8 billion for breaking anti-monopoly laws. Tencent and Baidu were hit with much smaller fines in March for making acquisitions without notifying authorities.There's no clear evidence -- so far -- that Pinduoduo is involved in anti-competitive activities. But what's clear is that China is tightening its grip over its local tech titans, hurting their growth prospects. As one of China's biggest e-commerce companies, Pinduoduo will need to adapt to those challenges.In addition to these two reasons, the tide in the stock market is turning against high-growth tech companies. With many Americans beginning to resume their pre-pandemic ways, investors are selling the hypergrowth tech stocks that flourished during 2020, taking their profits, and shifting their bets into \"reopening\" plays like Wells Fargo and Dine Brands Global. Some of last year's hottest names like Tesla and Snowflake are down by 20% to 50% from all-time highs. As Pinduoduo was one of 2020's best-performing stocks, there's a high chance that some of its recent declines can be attributed to it getting caught up in the wider tech sell-off.What's next for Pinduoduo?Huang's abrupt exit from day-to-day operations at Pinduoduo has left investors with a clouded outlook heading into 2021. But it's worth noting that he remains the company's biggest shareholder. As a result, he will likely continue providing some guidance to the company. What's more, he has left Pinduoduo's management in good hands. New CEO Lei Chen -- who has worked with Huang since 2011 -- has been a key contributor to growing it into the powerhouse that it is today.Over the next few years, Pinduoduo is well-positioned to expand further on the back of rising customer spending. Its users spend just 2,115 yuan ($300) a year on the platform, still low compared to what the average customer spends on Alibaba. Beyond e-commerce, Pinduoduo has a vision to build a \"worldwide presence in agriculture,\" which could dramatically widen its addressable market. Agriculture-related gross merchandise value (GMV) nearly doubled from 136 billion yuan in 2019 to 270 billion yuan in 2020. Management expects to hit 1 trillion yuan (around $150 billion) in annual agriculture by 2025.In other words, Pinduoduo is just getting started -- and growth-oriented investors should take note.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":104450248,"gmtCreate":1620406170684,"gmtModify":1634205446536,"author":{"id":"3579666066637422","authorId":"3579666066637422","name":"Hodl","avatar":"https://static.tigerbbs.com/d591a82f579d3114da9795812a4217a0","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3579666066637422","authorIdStr":"3579666066637422"},"htmlText":"Hodl&nbsp;","listText":"Hodl&nbsp;","text":"Hodl","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/104450248","repostId":2133500411,"repostType":4,"repost":{"id":"2133500411","pubTimestamp":1620396300,"share":"https://www.laohu8.com/m/news/2133500411?lang=&edition=full","pubTime":"2021-05-07 22:05","market":"us","language":"en","title":"3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2133500411","media":"Motley Fool","summary":"The Chinese e-commerce company faces some short-term challenges, but its long-term prospects remain intact.","content":"<p>Chinese e-commerce company <b>Pinduoduo</b> (NASDAQ:PDD) was <a href=\"https://laohu8.com/S/AONE\">one</a> of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders and social distancing efforts benefited major e-commerce players like <b>Sea Limited</b> and <b>Amazon</b>. Pinduoduo, too, rose to the occasion, gaining major ground on rivals <b>Alibaba</b> (NYSE:BABA) and <b>JD.com</b>. Its revenue grew by 97% year over year in 2020.</p><p>But Pinduoduo's share-price climb seems to have run out of steam, despite continued strength for some other tech bellwethers. <b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b> share prices even hit an all-time high last week, underscoring that there's sustained demand among investors for quality tech names. Pinduoduo stock, on the other hand, is now trading down about 37% from its peak in mid-February.</p><p>Here's why the company and its stock may have fallen out of favor.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F624680%2Fwoman-shrugging-confused-uncertain-square.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"593\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2>3 reasons Pinduoduo stock has tumbled in 2021</h2><p>Pinduoduo's emergence as a major force in e-commerce has been nothing short of remarkable. In just five short years, it went from an unknown start-up to China's biggest e-commerce platform, with more active buyers than Alibaba. Revenue grew at a stunning rate and hit 59.5 &nbsp;billion yuan ($9.2 billion) in 2020, almost doubling&nbsp;year over year.</p><p>The company owes much of its success to founder Zheng Huang, a data scientist and entrepreneur who was part of the team that set up <b>Alphabet</b>'s Google China. But less than a year after he relinquished his role as CEO (on July 1, 2020) -- a move that was itself shocking -- Huang also recently stepped down as chairman of the board. That latest move may have spooked investors further -- the stock price is down 17% since the announcement on March 17.</p><p>But that's not the only reason for concern. Chinese regulators have launched wide-ranging antitrust probes into that nation's large tech companies. The government just fined Alibaba $2.8 billion for breaking anti-monopoly laws. <b>Tencent</b> and <b>Baidu</b> were hit with much smaller fines&nbsp;in March for making acquisitions without notifying authorities.</p><p>There's no clear evidence -- so far -- that Pinduoduo is involved in anti-competitive activities. But what's clear is that China is tightening its grip over its local tech titans, hurting their growth prospects. As <a href=\"https://laohu8.com/S/AONE.U\">one</a> of China's biggest e-commerce companies, Pinduoduo will need to adapt to those challenges.</p><p>In addition to these two reasons, the tide in the stock market is turning against high-growth tech companies. With many Americans beginning to resume their pre-pandemic ways, investors are selling the hypergrowth tech stocks that flourished during 2020, taking their profits, and shifting their bets into \"reopening\" plays like <b>Wells Fargo</b> and <b>Dine Brands Global</b>. Some of last year's hottest names like <b>Tesla</b> and <b><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></b> are down by 20% to 50% from all-time highs. As Pinduoduo was one of 2020's best-performing stocks, there's a high chance that some of its recent declines can be attributed to it getting caught up in the wider tech sell-off.</p><h2>What's next for Pinduoduo?</h2><p>Huang's abrupt exit from day-to-day operations at Pinduoduo has left investors with a clouded outlook heading into 2021. But it's worth noting that he remains the company's biggest shareholder. As a result, he will likely continue providing some guidance to the company. What's more, he has left Pinduoduo's management in good hands. New CEO Lei Chen -- who has worked with Huang since 2011 -- has been a key contributor to growing it into the powerhouse that it is today.</p><p>Over the next few years, Pinduoduo is well-positioned to expand further on the back of rising customer spending. Its users spend just 2,115 yuan ($300) a year on the platform, still low compared to what the average customer spends on Alibaba. Beyond e-commerce, Pinduoduo has a vision to build a \"worldwide presence in agriculture,\" which could dramatically widen its addressable market. Agriculture-related gross merchandise value (GMV) nearly doubled from 136 billion yuan in 2019 to 270 billion yuan in 2020. Management expects to hit 1 trillion yuan (around $150 billion) in annual agriculture by 2025.</p><p>In other words, Pinduoduo is just getting started -- and growth-oriented investors should take note.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 22:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese e-commerce company Pinduoduo (NASDAQ:PDD) was one of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","QNETCN":"纳斯达克中美互联网老虎指数","PDD":"拼多多","BABA":"阿里巴巴"},"source_url":"https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133500411","content_text":"Chinese e-commerce company Pinduoduo (NASDAQ:PDD) was one of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders and social distancing efforts benefited major e-commerce players like Sea Limited and Amazon. Pinduoduo, too, rose to the occasion, gaining major ground on rivals Alibaba (NYSE:BABA) and JD.com. Its revenue grew by 97% year over year in 2020.But Pinduoduo's share-price climb seems to have run out of steam, despite continued strength for some other tech bellwethers. Facebook share prices even hit an all-time high last week, underscoring that there's sustained demand among investors for quality tech names. Pinduoduo stock, on the other hand, is now trading down about 37% from its peak in mid-February.Here's why the company and its stock may have fallen out of favor.Image source: Getty Images.3 reasons Pinduoduo stock has tumbled in 2021Pinduoduo's emergence as a major force in e-commerce has been nothing short of remarkable. In just five short years, it went from an unknown start-up to China's biggest e-commerce platform, with more active buyers than Alibaba. Revenue grew at a stunning rate and hit 59.5  billion yuan ($9.2 billion) in 2020, almost doubling year over year.The company owes much of its success to founder Zheng Huang, a data scientist and entrepreneur who was part of the team that set up Alphabet's Google China. But less than a year after he relinquished his role as CEO (on July 1, 2020) -- a move that was itself shocking -- Huang also recently stepped down as chairman of the board. That latest move may have spooked investors further -- the stock price is down 17% since the announcement on March 17.But that's not the only reason for concern. Chinese regulators have launched wide-ranging antitrust probes into that nation's large tech companies. The government just fined Alibaba $2.8 billion for breaking anti-monopoly laws. Tencent and Baidu were hit with much smaller fines in March for making acquisitions without notifying authorities.There's no clear evidence -- so far -- that Pinduoduo is involved in anti-competitive activities. But what's clear is that China is tightening its grip over its local tech titans, hurting their growth prospects. As one of China's biggest e-commerce companies, Pinduoduo will need to adapt to those challenges.In addition to these two reasons, the tide in the stock market is turning against high-growth tech companies. With many Americans beginning to resume their pre-pandemic ways, investors are selling the hypergrowth tech stocks that flourished during 2020, taking their profits, and shifting their bets into \"reopening\" plays like Wells Fargo and Dine Brands Global. Some of last year's hottest names like Tesla and Snowflake are down by 20% to 50% from all-time highs. As Pinduoduo was one of 2020's best-performing stocks, there's a high chance that some of its recent declines can be attributed to it getting caught up in the wider tech sell-off.What's next for Pinduoduo?Huang's abrupt exit from day-to-day operations at Pinduoduo has left investors with a clouded outlook heading into 2021. But it's worth noting that he remains the company's biggest shareholder. As a result, he will likely continue providing some guidance to the company. What's more, he has left Pinduoduo's management in good hands. New CEO Lei Chen -- who has worked with Huang since 2011 -- has been a key contributor to growing it into the powerhouse that it is today.Over the next few years, Pinduoduo is well-positioned to expand further on the back of rising customer spending. Its users spend just 2,115 yuan ($300) a year on the platform, still low compared to what the average customer spends on Alibaba. Beyond e-commerce, Pinduoduo has a vision to build a \"worldwide presence in agriculture,\" which could dramatically widen its addressable market. Agriculture-related gross merchandise value (GMV) nearly doubled from 136 billion yuan in 2019 to 270 billion yuan in 2020. Management expects to hit 1 trillion yuan (around $150 billion) in annual agriculture by 2025.In other words, Pinduoduo is just getting started -- and growth-oriented investors should take note.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":104528172,"gmtCreate":1620399020496,"gmtModify":1634205502045,"author":{"id":"3576561701314627","authorId":"3576561701314627","name":"hellotomato","avatar":"https://static.tigerbbs.com/5a5be72959c7fb86f0212f7bbbbfbc84","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3576561701314627","authorIdStr":"3576561701314627"},"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/104528172","repostId":2133500411,"repostType":4,"repost":{"id":"2133500411","pubTimestamp":1620396300,"share":"https://www.laohu8.com/m/news/2133500411?lang=&edition=full","pubTime":"2021-05-07 22:05","market":"us","language":"en","title":"3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2133500411","media":"Motley Fool","summary":"The Chinese e-commerce company faces some short-term challenges, but its long-term prospects remain intact.","content":"<p>Chinese e-commerce company <b>Pinduoduo</b> (NASDAQ:PDD) was <a href=\"https://laohu8.com/S/AONE\">one</a> of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders and social distancing efforts benefited major e-commerce players like <b>Sea Limited</b> and <b>Amazon</b>. Pinduoduo, too, rose to the occasion, gaining major ground on rivals <b>Alibaba</b> (NYSE:BABA) and <b>JD.com</b>. Its revenue grew by 97% year over year in 2020.</p><p>But Pinduoduo's share-price climb seems to have run out of steam, despite continued strength for some other tech bellwethers. <b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b> share prices even hit an all-time high last week, underscoring that there's sustained demand among investors for quality tech names. Pinduoduo stock, on the other hand, is now trading down about 37% from its peak in mid-February.</p><p>Here's why the company and its stock may have fallen out of favor.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F624680%2Fwoman-shrugging-confused-uncertain-square.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"593\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2>3 reasons Pinduoduo stock has tumbled in 2021</h2><p>Pinduoduo's emergence as a major force in e-commerce has been nothing short of remarkable. In just five short years, it went from an unknown start-up to China's biggest e-commerce platform, with more active buyers than Alibaba. Revenue grew at a stunning rate and hit 59.5 &nbsp;billion yuan ($9.2 billion) in 2020, almost doubling&nbsp;year over year.</p><p>The company owes much of its success to founder Zheng Huang, a data scientist and entrepreneur who was part of the team that set up <b>Alphabet</b>'s Google China. But less than a year after he relinquished his role as CEO (on July 1, 2020) -- a move that was itself shocking -- Huang also recently stepped down as chairman of the board. That latest move may have spooked investors further -- the stock price is down 17% since the announcement on March 17.</p><p>But that's not the only reason for concern. Chinese regulators have launched wide-ranging antitrust probes into that nation's large tech companies. The government just fined Alibaba $2.8 billion for breaking anti-monopoly laws. <b>Tencent</b> and <b>Baidu</b> were hit with much smaller fines&nbsp;in March for making acquisitions without notifying authorities.</p><p>There's no clear evidence -- so far -- that Pinduoduo is involved in anti-competitive activities. But what's clear is that China is tightening its grip over its local tech titans, hurting their growth prospects. As <a href=\"https://laohu8.com/S/AONE.U\">one</a> of China's biggest e-commerce companies, Pinduoduo will need to adapt to those challenges.</p><p>In addition to these two reasons, the tide in the stock market is turning against high-growth tech companies. With many Americans beginning to resume their pre-pandemic ways, investors are selling the hypergrowth tech stocks that flourished during 2020, taking their profits, and shifting their bets into \"reopening\" plays like <b>Wells Fargo</b> and <b>Dine Brands Global</b>. Some of last year's hottest names like <b>Tesla</b> and <b><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></b> are down by 20% to 50% from all-time highs. As Pinduoduo was one of 2020's best-performing stocks, there's a high chance that some of its recent declines can be attributed to it getting caught up in the wider tech sell-off.</p><h2>What's next for Pinduoduo?</h2><p>Huang's abrupt exit from day-to-day operations at Pinduoduo has left investors with a clouded outlook heading into 2021. But it's worth noting that he remains the company's biggest shareholder. As a result, he will likely continue providing some guidance to the company. What's more, he has left Pinduoduo's management in good hands. New CEO Lei Chen -- who has worked with Huang since 2011 -- has been a key contributor to growing it into the powerhouse that it is today.</p><p>Over the next few years, Pinduoduo is well-positioned to expand further on the back of rising customer spending. Its users spend just 2,115 yuan ($300) a year on the platform, still low compared to what the average customer spends on Alibaba. Beyond e-commerce, Pinduoduo has a vision to build a \"worldwide presence in agriculture,\" which could dramatically widen its addressable market. Agriculture-related gross merchandise value (GMV) nearly doubled from 136 billion yuan in 2019 to 270 billion yuan in 2020. Management expects to hit 1 trillion yuan (around $150 billion) in annual agriculture by 2025.</p><p>In other words, Pinduoduo is just getting started -- and growth-oriented investors should take note.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 22:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese e-commerce company Pinduoduo (NASDAQ:PDD) was one of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","QNETCN":"纳斯达克中美互联网老虎指数","PDD":"拼多多","BABA":"阿里巴巴"},"source_url":"https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133500411","content_text":"Chinese e-commerce company Pinduoduo (NASDAQ:PDD) was one of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders and social distancing efforts benefited major e-commerce players like Sea Limited and Amazon. Pinduoduo, too, rose to the occasion, gaining major ground on rivals Alibaba (NYSE:BABA) and JD.com. Its revenue grew by 97% year over year in 2020.But Pinduoduo's share-price climb seems to have run out of steam, despite continued strength for some other tech bellwethers. Facebook share prices even hit an all-time high last week, underscoring that there's sustained demand among investors for quality tech names. Pinduoduo stock, on the other hand, is now trading down about 37% from its peak in mid-February.Here's why the company and its stock may have fallen out of favor.Image source: Getty Images.3 reasons Pinduoduo stock has tumbled in 2021Pinduoduo's emergence as a major force in e-commerce has been nothing short of remarkable. In just five short years, it went from an unknown start-up to China's biggest e-commerce platform, with more active buyers than Alibaba. Revenue grew at a stunning rate and hit 59.5  billion yuan ($9.2 billion) in 2020, almost doubling year over year.The company owes much of its success to founder Zheng Huang, a data scientist and entrepreneur who was part of the team that set up Alphabet's Google China. But less than a year after he relinquished his role as CEO (on July 1, 2020) -- a move that was itself shocking -- Huang also recently stepped down as chairman of the board. That latest move may have spooked investors further -- the stock price is down 17% since the announcement on March 17.But that's not the only reason for concern. Chinese regulators have launched wide-ranging antitrust probes into that nation's large tech companies. The government just fined Alibaba $2.8 billion for breaking anti-monopoly laws. Tencent and Baidu were hit with much smaller fines in March for making acquisitions without notifying authorities.There's no clear evidence -- so far -- that Pinduoduo is involved in anti-competitive activities. But what's clear is that China is tightening its grip over its local tech titans, hurting their growth prospects. As one of China's biggest e-commerce companies, Pinduoduo will need to adapt to those challenges.In addition to these two reasons, the tide in the stock market is turning against high-growth tech companies. With many Americans beginning to resume their pre-pandemic ways, investors are selling the hypergrowth tech stocks that flourished during 2020, taking their profits, and shifting their bets into \"reopening\" plays like Wells Fargo and Dine Brands Global. Some of last year's hottest names like Tesla and Snowflake are down by 20% to 50% from all-time highs. As Pinduoduo was one of 2020's best-performing stocks, there's a high chance that some of its recent declines can be attributed to it getting caught up in the wider tech sell-off.What's next for Pinduoduo?Huang's abrupt exit from day-to-day operations at Pinduoduo has left investors with a clouded outlook heading into 2021. But it's worth noting that he remains the company's biggest shareholder. As a result, he will likely continue providing some guidance to the company. What's more, he has left Pinduoduo's management in good hands. New CEO Lei Chen -- who has worked with Huang since 2011 -- has been a key contributor to growing it into the powerhouse that it is today.Over the next few years, Pinduoduo is well-positioned to expand further on the back of rising customer spending. Its users spend just 2,115 yuan ($300) a year on the platform, still low compared to what the average customer spends on Alibaba. Beyond e-commerce, Pinduoduo has a vision to build a \"worldwide presence in agriculture,\" which could dramatically widen its addressable market. Agriculture-related gross merchandise value (GMV) nearly doubled from 136 billion yuan in 2019 to 270 billion yuan in 2020. Management expects to hit 1 trillion yuan (around $150 billion) in annual agriculture by 2025.In other words, Pinduoduo is just getting started -- and growth-oriented investors should take note.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":104521085,"gmtCreate":1620398988147,"gmtModify":1634205502284,"author":{"id":"3558844979590457","authorId":"3558844979590457","name":"Munyee","avatar":"https://static.tigerbbs.com/72cf2bae09236d965026b0af0d11527d","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3558844979590457","authorIdStr":"3558844979590457"},"htmlText":"PDD up pls!!!","listText":"PDD up pls!!!","text":"PDD up pls!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/104521085","repostId":2133500411,"repostType":4,"repost":{"id":"2133500411","pubTimestamp":1620396300,"share":"https://www.laohu8.com/m/news/2133500411?lang=&edition=full","pubTime":"2021-05-07 22:05","market":"us","language":"en","title":"3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2133500411","media":"Motley Fool","summary":"The Chinese e-commerce company faces some short-term challenges, but its long-term prospects remain intact.","content":"<p>Chinese e-commerce company <b>Pinduoduo</b> (NASDAQ:PDD) was <a href=\"https://laohu8.com/S/AONE\">one</a> of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders and social distancing efforts benefited major e-commerce players like <b>Sea Limited</b> and <b>Amazon</b>. Pinduoduo, too, rose to the occasion, gaining major ground on rivals <b>Alibaba</b> (NYSE:BABA) and <b>JD.com</b>. Its revenue grew by 97% year over year in 2020.</p><p>But Pinduoduo's share-price climb seems to have run out of steam, despite continued strength for some other tech bellwethers. <b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b> share prices even hit an all-time high last week, underscoring that there's sustained demand among investors for quality tech names. Pinduoduo stock, on the other hand, is now trading down about 37% from its peak in mid-February.</p><p>Here's why the company and its stock may have fallen out of favor.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F624680%2Fwoman-shrugging-confused-uncertain-square.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"593\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2>3 reasons Pinduoduo stock has tumbled in 2021</h2><p>Pinduoduo's emergence as a major force in e-commerce has been nothing short of remarkable. In just five short years, it went from an unknown start-up to China's biggest e-commerce platform, with more active buyers than Alibaba. Revenue grew at a stunning rate and hit 59.5 &nbsp;billion yuan ($9.2 billion) in 2020, almost doubling&nbsp;year over year.</p><p>The company owes much of its success to founder Zheng Huang, a data scientist and entrepreneur who was part of the team that set up <b>Alphabet</b>'s Google China. But less than a year after he relinquished his role as CEO (on July 1, 2020) -- a move that was itself shocking -- Huang also recently stepped down as chairman of the board. That latest move may have spooked investors further -- the stock price is down 17% since the announcement on March 17.</p><p>But that's not the only reason for concern. Chinese regulators have launched wide-ranging antitrust probes into that nation's large tech companies. The government just fined Alibaba $2.8 billion for breaking anti-monopoly laws. <b>Tencent</b> and <b>Baidu</b> were hit with much smaller fines&nbsp;in March for making acquisitions without notifying authorities.</p><p>There's no clear evidence -- so far -- that Pinduoduo is involved in anti-competitive activities. But what's clear is that China is tightening its grip over its local tech titans, hurting their growth prospects. As <a href=\"https://laohu8.com/S/AONE.U\">one</a> of China's biggest e-commerce companies, Pinduoduo will need to adapt to those challenges.</p><p>In addition to these two reasons, the tide in the stock market is turning against high-growth tech companies. With many Americans beginning to resume their pre-pandemic ways, investors are selling the hypergrowth tech stocks that flourished during 2020, taking their profits, and shifting their bets into \"reopening\" plays like <b>Wells Fargo</b> and <b>Dine Brands Global</b>. Some of last year's hottest names like <b>Tesla</b> and <b><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></b> are down by 20% to 50% from all-time highs. As Pinduoduo was one of 2020's best-performing stocks, there's a high chance that some of its recent declines can be attributed to it getting caught up in the wider tech sell-off.</p><h2>What's next for Pinduoduo?</h2><p>Huang's abrupt exit from day-to-day operations at Pinduoduo has left investors with a clouded outlook heading into 2021. But it's worth noting that he remains the company's biggest shareholder. As a result, he will likely continue providing some guidance to the company. What's more, he has left Pinduoduo's management in good hands. New CEO Lei Chen -- who has worked with Huang since 2011 -- has been a key contributor to growing it into the powerhouse that it is today.</p><p>Over the next few years, Pinduoduo is well-positioned to expand further on the back of rising customer spending. Its users spend just 2,115 yuan ($300) a year on the platform, still low compared to what the average customer spends on Alibaba. Beyond e-commerce, Pinduoduo has a vision to build a \"worldwide presence in agriculture,\" which could dramatically widen its addressable market. Agriculture-related gross merchandise value (GMV) nearly doubled from 136 billion yuan in 2019 to 270 billion yuan in 2020. Management expects to hit 1 trillion yuan (around $150 billion) in annual agriculture by 2025.</p><p>In other words, Pinduoduo is just getting started -- and growth-oriented investors should take note.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 22:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese e-commerce company Pinduoduo (NASDAQ:PDD) was one of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","QNETCN":"纳斯达克中美互联网老虎指数","PDD":"拼多多","BABA":"阿里巴巴"},"source_url":"https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133500411","content_text":"Chinese e-commerce company Pinduoduo (NASDAQ:PDD) was one of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders and social distancing efforts benefited major e-commerce players like Sea Limited and Amazon. Pinduoduo, too, rose to the occasion, gaining major ground on rivals Alibaba (NYSE:BABA) and JD.com. Its revenue grew by 97% year over year in 2020.But Pinduoduo's share-price climb seems to have run out of steam, despite continued strength for some other tech bellwethers. Facebook share prices even hit an all-time high last week, underscoring that there's sustained demand among investors for quality tech names. Pinduoduo stock, on the other hand, is now trading down about 37% from its peak in mid-February.Here's why the company and its stock may have fallen out of favor.Image source: Getty Images.3 reasons Pinduoduo stock has tumbled in 2021Pinduoduo's emergence as a major force in e-commerce has been nothing short of remarkable. In just five short years, it went from an unknown start-up to China's biggest e-commerce platform, with more active buyers than Alibaba. Revenue grew at a stunning rate and hit 59.5  billion yuan ($9.2 billion) in 2020, almost doubling year over year.The company owes much of its success to founder Zheng Huang, a data scientist and entrepreneur who was part of the team that set up Alphabet's Google China. But less than a year after he relinquished his role as CEO (on July 1, 2020) -- a move that was itself shocking -- Huang also recently stepped down as chairman of the board. That latest move may have spooked investors further -- the stock price is down 17% since the announcement on March 17.But that's not the only reason for concern. Chinese regulators have launched wide-ranging antitrust probes into that nation's large tech companies. The government just fined Alibaba $2.8 billion for breaking anti-monopoly laws. Tencent and Baidu were hit with much smaller fines in March for making acquisitions without notifying authorities.There's no clear evidence -- so far -- that Pinduoduo is involved in anti-competitive activities. But what's clear is that China is tightening its grip over its local tech titans, hurting their growth prospects. As one of China's biggest e-commerce companies, Pinduoduo will need to adapt to those challenges.In addition to these two reasons, the tide in the stock market is turning against high-growth tech companies. With many Americans beginning to resume their pre-pandemic ways, investors are selling the hypergrowth tech stocks that flourished during 2020, taking their profits, and shifting their bets into \"reopening\" plays like Wells Fargo and Dine Brands Global. Some of last year's hottest names like Tesla and Snowflake are down by 20% to 50% from all-time highs. As Pinduoduo was one of 2020's best-performing stocks, there's a high chance that some of its recent declines can be attributed to it getting caught up in the wider tech sell-off.What's next for Pinduoduo?Huang's abrupt exit from day-to-day operations at Pinduoduo has left investors with a clouded outlook heading into 2021. But it's worth noting that he remains the company's biggest shareholder. As a result, he will likely continue providing some guidance to the company. What's more, he has left Pinduoduo's management in good hands. New CEO Lei Chen -- who has worked with Huang since 2011 -- has been a key contributor to growing it into the powerhouse that it is today.Over the next few years, Pinduoduo is well-positioned to expand further on the back of rising customer spending. Its users spend just 2,115 yuan ($300) a year on the platform, still low compared to what the average customer spends on Alibaba. Beyond e-commerce, Pinduoduo has a vision to build a \"worldwide presence in agriculture,\" which could dramatically widen its addressable market. Agriculture-related gross merchandise value (GMV) nearly doubled from 136 billion yuan in 2019 to 270 billion yuan in 2020. Management expects to hit 1 trillion yuan (around $150 billion) in annual agriculture by 2025.In other words, Pinduoduo is just getting started -- and growth-oriented investors should take note.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":104568576,"gmtCreate":1620398447395,"gmtModify":1634205506421,"author":{"id":"3575333960287526","authorId":"3575333960287526","name":"WDnemo","avatar":"https://static.tigerbbs.com/2241a941fc1eb6cca28c7a714cba1571","vip":1,"crmLevel":8,"crmLevelSwitch":0,"idStr":"3575333960287526","authorIdStr":"3575333960287526"},"htmlText":"Still can buy?","listText":"Still can buy?","text":"Still can buy?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/104568576","repostId":2133500411,"repostType":4,"repost":{"id":"2133500411","pubTimestamp":1620396300,"share":"https://www.laohu8.com/m/news/2133500411?lang=&edition=full","pubTime":"2021-05-07 22:05","market":"us","language":"en","title":"3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2133500411","media":"Motley Fool","summary":"The Chinese e-commerce company faces some short-term challenges, but its long-term prospects remain intact.","content":"<p>Chinese e-commerce company <b>Pinduoduo</b> (NASDAQ:PDD) was <a href=\"https://laohu8.com/S/AONE\">one</a> of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders and social distancing efforts benefited major e-commerce players like <b>Sea Limited</b> and <b>Amazon</b>. Pinduoduo, too, rose to the occasion, gaining major ground on rivals <b>Alibaba</b> (NYSE:BABA) and <b>JD.com</b>. Its revenue grew by 97% year over year in 2020.</p><p>But Pinduoduo's share-price climb seems to have run out of steam, despite continued strength for some other tech bellwethers. <b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b> share prices even hit an all-time high last week, underscoring that there's sustained demand among investors for quality tech names. Pinduoduo stock, on the other hand, is now trading down about 37% from its peak in mid-February.</p><p>Here's why the company and its stock may have fallen out of favor.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F624680%2Fwoman-shrugging-confused-uncertain-square.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"593\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2>3 reasons Pinduoduo stock has tumbled in 2021</h2><p>Pinduoduo's emergence as a major force in e-commerce has been nothing short of remarkable. In just five short years, it went from an unknown start-up to China's biggest e-commerce platform, with more active buyers than Alibaba. Revenue grew at a stunning rate and hit 59.5 &nbsp;billion yuan ($9.2 billion) in 2020, almost doubling&nbsp;year over year.</p><p>The company owes much of its success to founder Zheng Huang, a data scientist and entrepreneur who was part of the team that set up <b>Alphabet</b>'s Google China. But less than a year after he relinquished his role as CEO (on July 1, 2020) -- a move that was itself shocking -- Huang also recently stepped down as chairman of the board. That latest move may have spooked investors further -- the stock price is down 17% since the announcement on March 17.</p><p>But that's not the only reason for concern. Chinese regulators have launched wide-ranging antitrust probes into that nation's large tech companies. The government just fined Alibaba $2.8 billion for breaking anti-monopoly laws. <b>Tencent</b> and <b>Baidu</b> were hit with much smaller fines&nbsp;in March for making acquisitions without notifying authorities.</p><p>There's no clear evidence -- so far -- that Pinduoduo is involved in anti-competitive activities. But what's clear is that China is tightening its grip over its local tech titans, hurting their growth prospects. As <a href=\"https://laohu8.com/S/AONE.U\">one</a> of China's biggest e-commerce companies, Pinduoduo will need to adapt to those challenges.</p><p>In addition to these two reasons, the tide in the stock market is turning against high-growth tech companies. With many Americans beginning to resume their pre-pandemic ways, investors are selling the hypergrowth tech stocks that flourished during 2020, taking their profits, and shifting their bets into \"reopening\" plays like <b>Wells Fargo</b> and <b>Dine Brands Global</b>. Some of last year's hottest names like <b>Tesla</b> and <b><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></b> are down by 20% to 50% from all-time highs. As Pinduoduo was one of 2020's best-performing stocks, there's a high chance that some of its recent declines can be attributed to it getting caught up in the wider tech sell-off.</p><h2>What's next for Pinduoduo?</h2><p>Huang's abrupt exit from day-to-day operations at Pinduoduo has left investors with a clouded outlook heading into 2021. But it's worth noting that he remains the company's biggest shareholder. As a result, he will likely continue providing some guidance to the company. What's more, he has left Pinduoduo's management in good hands. New CEO Lei Chen -- who has worked with Huang since 2011 -- has been a key contributor to growing it into the powerhouse that it is today.</p><p>Over the next few years, Pinduoduo is well-positioned to expand further on the back of rising customer spending. Its users spend just 2,115 yuan ($300) a year on the platform, still low compared to what the average customer spends on Alibaba. Beyond e-commerce, Pinduoduo has a vision to build a \"worldwide presence in agriculture,\" which could dramatically widen its addressable market. Agriculture-related gross merchandise value (GMV) nearly doubled from 136 billion yuan in 2019 to 270 billion yuan in 2020. Management expects to hit 1 trillion yuan (around $150 billion) in annual agriculture by 2025.</p><p>In other words, Pinduoduo is just getting started -- and growth-oriented investors should take note.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 22:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese e-commerce company Pinduoduo (NASDAQ:PDD) was one of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","QNETCN":"纳斯达克中美互联网老虎指数","PDD":"拼多多","BABA":"阿里巴巴"},"source_url":"https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133500411","content_text":"Chinese e-commerce company Pinduoduo (NASDAQ:PDD) was one of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders and social distancing efforts benefited major e-commerce players like Sea Limited and Amazon. Pinduoduo, too, rose to the occasion, gaining major ground on rivals Alibaba (NYSE:BABA) and JD.com. Its revenue grew by 97% year over year in 2020.But Pinduoduo's share-price climb seems to have run out of steam, despite continued strength for some other tech bellwethers. Facebook share prices even hit an all-time high last week, underscoring that there's sustained demand among investors for quality tech names. Pinduoduo stock, on the other hand, is now trading down about 37% from its peak in mid-February.Here's why the company and its stock may have fallen out of favor.Image source: Getty Images.3 reasons Pinduoduo stock has tumbled in 2021Pinduoduo's emergence as a major force in e-commerce has been nothing short of remarkable. In just five short years, it went from an unknown start-up to China's biggest e-commerce platform, with more active buyers than Alibaba. Revenue grew at a stunning rate and hit 59.5  billion yuan ($9.2 billion) in 2020, almost doubling year over year.The company owes much of its success to founder Zheng Huang, a data scientist and entrepreneur who was part of the team that set up Alphabet's Google China. But less than a year after he relinquished his role as CEO (on July 1, 2020) -- a move that was itself shocking -- Huang also recently stepped down as chairman of the board. That latest move may have spooked investors further -- the stock price is down 17% since the announcement on March 17.But that's not the only reason for concern. Chinese regulators have launched wide-ranging antitrust probes into that nation's large tech companies. The government just fined Alibaba $2.8 billion for breaking anti-monopoly laws. Tencent and Baidu were hit with much smaller fines in March for making acquisitions without notifying authorities.There's no clear evidence -- so far -- that Pinduoduo is involved in anti-competitive activities. But what's clear is that China is tightening its grip over its local tech titans, hurting their growth prospects. As one of China's biggest e-commerce companies, Pinduoduo will need to adapt to those challenges.In addition to these two reasons, the tide in the stock market is turning against high-growth tech companies. With many Americans beginning to resume their pre-pandemic ways, investors are selling the hypergrowth tech stocks that flourished during 2020, taking their profits, and shifting their bets into \"reopening\" plays like Wells Fargo and Dine Brands Global. Some of last year's hottest names like Tesla and Snowflake are down by 20% to 50% from all-time highs. As Pinduoduo was one of 2020's best-performing stocks, there's a high chance that some of its recent declines can be attributed to it getting caught up in the wider tech sell-off.What's next for Pinduoduo?Huang's abrupt exit from day-to-day operations at Pinduoduo has left investors with a clouded outlook heading into 2021. But it's worth noting that he remains the company's biggest shareholder. As a result, he will likely continue providing some guidance to the company. What's more, he has left Pinduoduo's management in good hands. New CEO Lei Chen -- who has worked with Huang since 2011 -- has been a key contributor to growing it into the powerhouse that it is today.Over the next few years, Pinduoduo is well-positioned to expand further on the back of rising customer spending. Its users spend just 2,115 yuan ($300) a year on the platform, still low compared to what the average customer spends on Alibaba. Beyond e-commerce, Pinduoduo has a vision to build a \"worldwide presence in agriculture,\" which could dramatically widen its addressable market. Agriculture-related gross merchandise value (GMV) nearly doubled from 136 billion yuan in 2019 to 270 billion yuan in 2020. Management expects to hit 1 trillion yuan (around $150 billion) in annual agriculture by 2025.In other words, Pinduoduo is just getting started -- and growth-oriented investors should take note.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":104587593,"gmtCreate":1620398220112,"gmtModify":1634205509556,"author":{"id":"3577008220161864","authorId":"3577008220161864","name":"Maydelyn","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3577008220161864","authorIdStr":"3577008220161864"},"htmlText":"Oh Pinduoduo!!! I hold some shares.. I m in dilemma whether to sold or hold.. S&amp;P 500 has doubled.. it’s scary...","listText":"Oh Pinduoduo!!! I hold some shares.. I m in dilemma whether to sold or hold.. S&amp;P 500 has doubled.. it’s scary...","text":"Oh Pinduoduo!!! I hold some shares.. I m in dilemma whether to sold or hold.. S&P 500 has doubled.. it’s scary...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/104587593","repostId":2133500411,"repostType":2,"repost":{"id":"2133500411","pubTimestamp":1620396300,"share":"https://www.laohu8.com/m/news/2133500411?lang=&edition=full","pubTime":"2021-05-07 22:05","market":"us","language":"en","title":"3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2133500411","media":"Motley Fool","summary":"The Chinese e-commerce company faces some short-term challenges, but its long-term prospects remain intact.","content":"<p>Chinese e-commerce company <b>Pinduoduo</b> (NASDAQ:PDD) was <a href=\"https://laohu8.com/S/AONE\">one</a> of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders and social distancing efforts benefited major e-commerce players like <b>Sea Limited</b> and <b>Amazon</b>. Pinduoduo, too, rose to the occasion, gaining major ground on rivals <b>Alibaba</b> (NYSE:BABA) and <b>JD.com</b>. Its revenue grew by 97% year over year in 2020.</p><p>But Pinduoduo's share-price climb seems to have run out of steam, despite continued strength for some other tech bellwethers. <b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b> share prices even hit an all-time high last week, underscoring that there's sustained demand among investors for quality tech names. Pinduoduo stock, on the other hand, is now trading down about 37% from its peak in mid-February.</p><p>Here's why the company and its stock may have fallen out of favor.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F624680%2Fwoman-shrugging-confused-uncertain-square.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"593\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2>3 reasons Pinduoduo stock has tumbled in 2021</h2><p>Pinduoduo's emergence as a major force in e-commerce has been nothing short of remarkable. In just five short years, it went from an unknown start-up to China's biggest e-commerce platform, with more active buyers than Alibaba. Revenue grew at a stunning rate and hit 59.5 &nbsp;billion yuan ($9.2 billion) in 2020, almost doubling&nbsp;year over year.</p><p>The company owes much of its success to founder Zheng Huang, a data scientist and entrepreneur who was part of the team that set up <b>Alphabet</b>'s Google China. But less than a year after he relinquished his role as CEO (on July 1, 2020) -- a move that was itself shocking -- Huang also recently stepped down as chairman of the board. That latest move may have spooked investors further -- the stock price is down 17% since the announcement on March 17.</p><p>But that's not the only reason for concern. Chinese regulators have launched wide-ranging antitrust probes into that nation's large tech companies. The government just fined Alibaba $2.8 billion for breaking anti-monopoly laws. <b>Tencent</b> and <b>Baidu</b> were hit with much smaller fines&nbsp;in March for making acquisitions without notifying authorities.</p><p>There's no clear evidence -- so far -- that Pinduoduo is involved in anti-competitive activities. But what's clear is that China is tightening its grip over its local tech titans, hurting their growth prospects. As <a href=\"https://laohu8.com/S/AONE.U\">one</a> of China's biggest e-commerce companies, Pinduoduo will need to adapt to those challenges.</p><p>In addition to these two reasons, the tide in the stock market is turning against high-growth tech companies. With many Americans beginning to resume their pre-pandemic ways, investors are selling the hypergrowth tech stocks that flourished during 2020, taking their profits, and shifting their bets into \"reopening\" plays like <b>Wells Fargo</b> and <b>Dine Brands Global</b>. Some of last year's hottest names like <b>Tesla</b> and <b><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></b> are down by 20% to 50% from all-time highs. As Pinduoduo was one of 2020's best-performing stocks, there's a high chance that some of its recent declines can be attributed to it getting caught up in the wider tech sell-off.</p><h2>What's next for Pinduoduo?</h2><p>Huang's abrupt exit from day-to-day operations at Pinduoduo has left investors with a clouded outlook heading into 2021. But it's worth noting that he remains the company's biggest shareholder. As a result, he will likely continue providing some guidance to the company. What's more, he has left Pinduoduo's management in good hands. New CEO Lei Chen -- who has worked with Huang since 2011 -- has been a key contributor to growing it into the powerhouse that it is today.</p><p>Over the next few years, Pinduoduo is well-positioned to expand further on the back of rising customer spending. Its users spend just 2,115 yuan ($300) a year on the platform, still low compared to what the average customer spends on Alibaba. Beyond e-commerce, Pinduoduo has a vision to build a \"worldwide presence in agriculture,\" which could dramatically widen its addressable market. Agriculture-related gross merchandise value (GMV) nearly doubled from 136 billion yuan in 2019 to 270 billion yuan in 2020. Management expects to hit 1 trillion yuan (around $150 billion) in annual agriculture by 2025.</p><p>In other words, Pinduoduo is just getting started -- and growth-oriented investors should take note.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 22:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese e-commerce company Pinduoduo (NASDAQ:PDD) was one of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","QNETCN":"纳斯达克中美互联网老虎指数","PDD":"拼多多","BABA":"阿里巴巴"},"source_url":"https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133500411","content_text":"Chinese e-commerce company Pinduoduo (NASDAQ:PDD) was one of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders and social distancing efforts benefited major e-commerce players like Sea Limited and Amazon. Pinduoduo, too, rose to the occasion, gaining major ground on rivals Alibaba (NYSE:BABA) and JD.com. Its revenue grew by 97% year over year in 2020.But Pinduoduo's share-price climb seems to have run out of steam, despite continued strength for some other tech bellwethers. Facebook share prices even hit an all-time high last week, underscoring that there's sustained demand among investors for quality tech names. Pinduoduo stock, on the other hand, is now trading down about 37% from its peak in mid-February.Here's why the company and its stock may have fallen out of favor.Image source: Getty Images.3 reasons Pinduoduo stock has tumbled in 2021Pinduoduo's emergence as a major force in e-commerce has been nothing short of remarkable. In just five short years, it went from an unknown start-up to China's biggest e-commerce platform, with more active buyers than Alibaba. Revenue grew at a stunning rate and hit 59.5  billion yuan ($9.2 billion) in 2020, almost doubling year over year.The company owes much of its success to founder Zheng Huang, a data scientist and entrepreneur who was part of the team that set up Alphabet's Google China. But less than a year after he relinquished his role as CEO (on July 1, 2020) -- a move that was itself shocking -- Huang also recently stepped down as chairman of the board. That latest move may have spooked investors further -- the stock price is down 17% since the announcement on March 17.But that's not the only reason for concern. Chinese regulators have launched wide-ranging antitrust probes into that nation's large tech companies. The government just fined Alibaba $2.8 billion for breaking anti-monopoly laws. Tencent and Baidu were hit with much smaller fines in March for making acquisitions without notifying authorities.There's no clear evidence -- so far -- that Pinduoduo is involved in anti-competitive activities. But what's clear is that China is tightening its grip over its local tech titans, hurting their growth prospects. As one of China's biggest e-commerce companies, Pinduoduo will need to adapt to those challenges.In addition to these two reasons, the tide in the stock market is turning against high-growth tech companies. With many Americans beginning to resume their pre-pandemic ways, investors are selling the hypergrowth tech stocks that flourished during 2020, taking their profits, and shifting their bets into \"reopening\" plays like Wells Fargo and Dine Brands Global. Some of last year's hottest names like Tesla and Snowflake are down by 20% to 50% from all-time highs. As Pinduoduo was one of 2020's best-performing stocks, there's a high chance that some of its recent declines can be attributed to it getting caught up in the wider tech sell-off.What's next for Pinduoduo?Huang's abrupt exit from day-to-day operations at Pinduoduo has left investors with a clouded outlook heading into 2021. But it's worth noting that he remains the company's biggest shareholder. As a result, he will likely continue providing some guidance to the company. What's more, he has left Pinduoduo's management in good hands. New CEO Lei Chen -- who has worked with Huang since 2011 -- has been a key contributor to growing it into the powerhouse that it is today.Over the next few years, Pinduoduo is well-positioned to expand further on the back of rising customer spending. Its users spend just 2,115 yuan ($300) a year on the platform, still low compared to what the average customer spends on Alibaba. Beyond e-commerce, Pinduoduo has a vision to build a \"worldwide presence in agriculture,\" which could dramatically widen its addressable market. Agriculture-related gross merchandise value (GMV) nearly doubled from 136 billion yuan in 2019 to 270 billion yuan in 2020. Management expects to hit 1 trillion yuan (around $150 billion) in annual agriculture by 2025.In other words, Pinduoduo is just getting started -- and growth-oriented investors should take note.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4254905,"gmtCreate":1620399677105,"gmtModify":1635501011489,"authorId":3569924645980570,"author":{"id":3569924645980570,"idStr":"3569924645980570","authorId":3569924645980570,"name":"wishingstar","avatar":"https://static.tigerbbs.com/33d7b13f080980449224c22c62e34653","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104587593,"type":1,"supId":0,"prevId":0,"content":"if u think its a co of potential, then u hold. if u think its potential is quite limited, then u shld sell.","text":"if u think its a co of potential, then u hold. if u think its potential is quite limited, then u shld sell.","html":"if u think its a co of potential, then u hold. if u think its potential is quite limited, then u shld sell."},{"id":4257441,"gmtCreate":1620432445968,"gmtModify":1635500830632,"authorId":3578350332890873,"author":{"id":3578350332890873,"idStr":"3578350332890873","authorId":3578350332890873,"name":"tseechu1","avatar":"https://static.tigerbbs.com/0c0f4d70e2e88f11bd9f8995165754be","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104587593,"type":1,"supId":0,"prevId":0,"content":"same situation 😂😂😂","text":"same situation 😂😂😂","html":"same situation 😂😂😂"}],"langContent":"EN"},{"id":104514185,"gmtCreate":1620397749247,"gmtModify":1634205514674,"author":{"id":"3583140590641923","authorId":"3583140590641923","name":"Andrew210782","avatar":"https://static.tigerbbs.com/0e065afa93f953171dd0eb9aaebbe93b","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3583140590641923","authorIdStr":"3583140590641923"},"htmlText":"I see","listText":"I see","text":"I see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/104514185","repostId":2133500411,"repostType":4,"repost":{"id":"2133500411","pubTimestamp":1620396300,"share":"https://www.laohu8.com/m/news/2133500411?lang=&edition=full","pubTime":"2021-05-07 22:05","market":"us","language":"en","title":"3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2133500411","media":"Motley Fool","summary":"The Chinese e-commerce company faces some short-term challenges, but its long-term prospects remain intact.","content":"<p>Chinese e-commerce company <b>Pinduoduo</b> (NASDAQ:PDD) was <a href=\"https://laohu8.com/S/AONE\">one</a> of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders and social distancing efforts benefited major e-commerce players like <b>Sea Limited</b> and <b>Amazon</b>. Pinduoduo, too, rose to the occasion, gaining major ground on rivals <b>Alibaba</b> (NYSE:BABA) and <b>JD.com</b>. Its revenue grew by 97% year over year in 2020.</p><p>But Pinduoduo's share-price climb seems to have run out of steam, despite continued strength for some other tech bellwethers. <b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b> share prices even hit an all-time high last week, underscoring that there's sustained demand among investors for quality tech names. Pinduoduo stock, on the other hand, is now trading down about 37% from its peak in mid-February.</p><p>Here's why the company and its stock may have fallen out of favor.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F624680%2Fwoman-shrugging-confused-uncertain-square.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"593\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2>3 reasons Pinduoduo stock has tumbled in 2021</h2><p>Pinduoduo's emergence as a major force in e-commerce has been nothing short of remarkable. In just five short years, it went from an unknown start-up to China's biggest e-commerce platform, with more active buyers than Alibaba. Revenue grew at a stunning rate and hit 59.5 &nbsp;billion yuan ($9.2 billion) in 2020, almost doubling&nbsp;year over year.</p><p>The company owes much of its success to founder Zheng Huang, a data scientist and entrepreneur who was part of the team that set up <b>Alphabet</b>'s Google China. But less than a year after he relinquished his role as CEO (on July 1, 2020) -- a move that was itself shocking -- Huang also recently stepped down as chairman of the board. That latest move may have spooked investors further -- the stock price is down 17% since the announcement on March 17.</p><p>But that's not the only reason for concern. Chinese regulators have launched wide-ranging antitrust probes into that nation's large tech companies. The government just fined Alibaba $2.8 billion for breaking anti-monopoly laws. <b>Tencent</b> and <b>Baidu</b> were hit with much smaller fines&nbsp;in March for making acquisitions without notifying authorities.</p><p>There's no clear evidence -- so far -- that Pinduoduo is involved in anti-competitive activities. But what's clear is that China is tightening its grip over its local tech titans, hurting their growth prospects. As <a href=\"https://laohu8.com/S/AONE.U\">one</a> of China's biggest e-commerce companies, Pinduoduo will need to adapt to those challenges.</p><p>In addition to these two reasons, the tide in the stock market is turning against high-growth tech companies. With many Americans beginning to resume their pre-pandemic ways, investors are selling the hypergrowth tech stocks that flourished during 2020, taking their profits, and shifting their bets into \"reopening\" plays like <b>Wells Fargo</b> and <b>Dine Brands Global</b>. Some of last year's hottest names like <b>Tesla</b> and <b><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></b> are down by 20% to 50% from all-time highs. As Pinduoduo was one of 2020's best-performing stocks, there's a high chance that some of its recent declines can be attributed to it getting caught up in the wider tech sell-off.</p><h2>What's next for Pinduoduo?</h2><p>Huang's abrupt exit from day-to-day operations at Pinduoduo has left investors with a clouded outlook heading into 2021. But it's worth noting that he remains the company's biggest shareholder. As a result, he will likely continue providing some guidance to the company. What's more, he has left Pinduoduo's management in good hands. New CEO Lei Chen -- who has worked with Huang since 2011 -- has been a key contributor to growing it into the powerhouse that it is today.</p><p>Over the next few years, Pinduoduo is well-positioned to expand further on the back of rising customer spending. Its users spend just 2,115 yuan ($300) a year on the platform, still low compared to what the average customer spends on Alibaba. Beyond e-commerce, Pinduoduo has a vision to build a \"worldwide presence in agriculture,\" which could dramatically widen its addressable market. Agriculture-related gross merchandise value (GMV) nearly doubled from 136 billion yuan in 2019 to 270 billion yuan in 2020. Management expects to hit 1 trillion yuan (around $150 billion) in annual agriculture by 2025.</p><p>In other words, Pinduoduo is just getting started -- and growth-oriented investors should take note.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 22:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese e-commerce company Pinduoduo (NASDAQ:PDD) was one of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","QNETCN":"纳斯达克中美互联网老虎指数","PDD":"拼多多","BABA":"阿里巴巴"},"source_url":"https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133500411","content_text":"Chinese e-commerce company Pinduoduo (NASDAQ:PDD) was one of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders and social distancing efforts benefited major e-commerce players like Sea Limited and Amazon. Pinduoduo, too, rose to the occasion, gaining major ground on rivals Alibaba (NYSE:BABA) and JD.com. Its revenue grew by 97% year over year in 2020.But Pinduoduo's share-price climb seems to have run out of steam, despite continued strength for some other tech bellwethers. Facebook share prices even hit an all-time high last week, underscoring that there's sustained demand among investors for quality tech names. Pinduoduo stock, on the other hand, is now trading down about 37% from its peak in mid-February.Here's why the company and its stock may have fallen out of favor.Image source: Getty Images.3 reasons Pinduoduo stock has tumbled in 2021Pinduoduo's emergence as a major force in e-commerce has been nothing short of remarkable. In just five short years, it went from an unknown start-up to China's biggest e-commerce platform, with more active buyers than Alibaba. Revenue grew at a stunning rate and hit 59.5  billion yuan ($9.2 billion) in 2020, almost doubling year over year.The company owes much of its success to founder Zheng Huang, a data scientist and entrepreneur who was part of the team that set up Alphabet's Google China. But less than a year after he relinquished his role as CEO (on July 1, 2020) -- a move that was itself shocking -- Huang also recently stepped down as chairman of the board. That latest move may have spooked investors further -- the stock price is down 17% since the announcement on March 17.But that's not the only reason for concern. Chinese regulators have launched wide-ranging antitrust probes into that nation's large tech companies. The government just fined Alibaba $2.8 billion for breaking anti-monopoly laws. Tencent and Baidu were hit with much smaller fines in March for making acquisitions without notifying authorities.There's no clear evidence -- so far -- that Pinduoduo is involved in anti-competitive activities. But what's clear is that China is tightening its grip over its local tech titans, hurting their growth prospects. As one of China's biggest e-commerce companies, Pinduoduo will need to adapt to those challenges.In addition to these two reasons, the tide in the stock market is turning against high-growth tech companies. With many Americans beginning to resume their pre-pandemic ways, investors are selling the hypergrowth tech stocks that flourished during 2020, taking their profits, and shifting their bets into \"reopening\" plays like Wells Fargo and Dine Brands Global. Some of last year's hottest names like Tesla and Snowflake are down by 20% to 50% from all-time highs. As Pinduoduo was one of 2020's best-performing stocks, there's a high chance that some of its recent declines can be attributed to it getting caught up in the wider tech sell-off.What's next for Pinduoduo?Huang's abrupt exit from day-to-day operations at Pinduoduo has left investors with a clouded outlook heading into 2021. But it's worth noting that he remains the company's biggest shareholder. As a result, he will likely continue providing some guidance to the company. What's more, he has left Pinduoduo's management in good hands. New CEO Lei Chen -- who has worked with Huang since 2011 -- has been a key contributor to growing it into the powerhouse that it is today.Over the next few years, Pinduoduo is well-positioned to expand further on the back of rising customer spending. Its users spend just 2,115 yuan ($300) a year on the platform, still low compared to what the average customer spends on Alibaba. Beyond e-commerce, Pinduoduo has a vision to build a \"worldwide presence in agriculture,\" which could dramatically widen its addressable market. Agriculture-related gross merchandise value (GMV) nearly doubled from 136 billion yuan in 2019 to 270 billion yuan in 2020. Management expects to hit 1 trillion yuan (around $150 billion) in annual agriculture by 2025.In other words, Pinduoduo is just getting started -- and growth-oriented investors should take note.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":104594112,"gmtCreate":1620396847236,"gmtModify":1634205524720,"author":{"id":"3582074828081294","authorId":"3582074828081294","name":"asdine","avatar":"https://static.tigerbbs.com/1de6a3b69cd62b99233606d7c5500508","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3582074828081294","authorIdStr":"3582074828081294"},"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/104594112","repostId":2133500411,"repostType":4,"repost":{"id":"2133500411","pubTimestamp":1620396300,"share":"https://www.laohu8.com/m/news/2133500411?lang=&edition=full","pubTime":"2021-05-07 22:05","market":"us","language":"en","title":"3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2133500411","media":"Motley Fool","summary":"The Chinese e-commerce company faces some short-term challenges, but its long-term prospects remain intact.","content":"<p>Chinese e-commerce company <b>Pinduoduo</b> (NASDAQ:PDD) was <a href=\"https://laohu8.com/S/AONE\">one</a> of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders and social distancing efforts benefited major e-commerce players like <b>Sea Limited</b> and <b>Amazon</b>. Pinduoduo, too, rose to the occasion, gaining major ground on rivals <b>Alibaba</b> (NYSE:BABA) and <b>JD.com</b>. Its revenue grew by 97% year over year in 2020.</p><p>But Pinduoduo's share-price climb seems to have run out of steam, despite continued strength for some other tech bellwethers. <b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b> share prices even hit an all-time high last week, underscoring that there's sustained demand among investors for quality tech names. Pinduoduo stock, on the other hand, is now trading down about 37% from its peak in mid-February.</p><p>Here's why the company and its stock may have fallen out of favor.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F624680%2Fwoman-shrugging-confused-uncertain-square.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"593\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2>3 reasons Pinduoduo stock has tumbled in 2021</h2><p>Pinduoduo's emergence as a major force in e-commerce has been nothing short of remarkable. In just five short years, it went from an unknown start-up to China's biggest e-commerce platform, with more active buyers than Alibaba. Revenue grew at a stunning rate and hit 59.5 &nbsp;billion yuan ($9.2 billion) in 2020, almost doubling&nbsp;year over year.</p><p>The company owes much of its success to founder Zheng Huang, a data scientist and entrepreneur who was part of the team that set up <b>Alphabet</b>'s Google China. But less than a year after he relinquished his role as CEO (on July 1, 2020) -- a move that was itself shocking -- Huang also recently stepped down as chairman of the board. That latest move may have spooked investors further -- the stock price is down 17% since the announcement on March 17.</p><p>But that's not the only reason for concern. Chinese regulators have launched wide-ranging antitrust probes into that nation's large tech companies. The government just fined Alibaba $2.8 billion for breaking anti-monopoly laws. <b>Tencent</b> and <b>Baidu</b> were hit with much smaller fines&nbsp;in March for making acquisitions without notifying authorities.</p><p>There's no clear evidence -- so far -- that Pinduoduo is involved in anti-competitive activities. But what's clear is that China is tightening its grip over its local tech titans, hurting their growth prospects. As <a href=\"https://laohu8.com/S/AONE.U\">one</a> of China's biggest e-commerce companies, Pinduoduo will need to adapt to those challenges.</p><p>In addition to these two reasons, the tide in the stock market is turning against high-growth tech companies. With many Americans beginning to resume their pre-pandemic ways, investors are selling the hypergrowth tech stocks that flourished during 2020, taking their profits, and shifting their bets into \"reopening\" plays like <b>Wells Fargo</b> and <b>Dine Brands Global</b>. Some of last year's hottest names like <b>Tesla</b> and <b><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></b> are down by 20% to 50% from all-time highs. As Pinduoduo was one of 2020's best-performing stocks, there's a high chance that some of its recent declines can be attributed to it getting caught up in the wider tech sell-off.</p><h2>What's next for Pinduoduo?</h2><p>Huang's abrupt exit from day-to-day operations at Pinduoduo has left investors with a clouded outlook heading into 2021. But it's worth noting that he remains the company's biggest shareholder. As a result, he will likely continue providing some guidance to the company. What's more, he has left Pinduoduo's management in good hands. New CEO Lei Chen -- who has worked with Huang since 2011 -- has been a key contributor to growing it into the powerhouse that it is today.</p><p>Over the next few years, Pinduoduo is well-positioned to expand further on the back of rising customer spending. Its users spend just 2,115 yuan ($300) a year on the platform, still low compared to what the average customer spends on Alibaba. Beyond e-commerce, Pinduoduo has a vision to build a \"worldwide presence in agriculture,\" which could dramatically widen its addressable market. Agriculture-related gross merchandise value (GMV) nearly doubled from 136 billion yuan in 2019 to 270 billion yuan in 2020. Management expects to hit 1 trillion yuan (around $150 billion) in annual agriculture by 2025.</p><p>In other words, Pinduoduo is just getting started -- and growth-oriented investors should take note.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Reasons Pinduoduo Stock Fell by More Than 30% in 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 22:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese e-commerce company Pinduoduo (NASDAQ:PDD) was one of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","QNETCN":"纳斯达克中美互联网老虎指数","PDD":"拼多多","BABA":"阿里巴巴"},"source_url":"https://www.fool.com/investing/2021/05/07/3-reasons-pinduoduo-stock-fell-by-more-than-30/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133500411","content_text":"Chinese e-commerce company Pinduoduo (NASDAQ:PDD) was one of 2020's best-performing stocks, rallying by more than 300% during the year. The surge in online shopping driven by pandemic lockdown orders and social distancing efforts benefited major e-commerce players like Sea Limited and Amazon. Pinduoduo, too, rose to the occasion, gaining major ground on rivals Alibaba (NYSE:BABA) and JD.com. Its revenue grew by 97% year over year in 2020.But Pinduoduo's share-price climb seems to have run out of steam, despite continued strength for some other tech bellwethers. Facebook share prices even hit an all-time high last week, underscoring that there's sustained demand among investors for quality tech names. Pinduoduo stock, on the other hand, is now trading down about 37% from its peak in mid-February.Here's why the company and its stock may have fallen out of favor.Image source: Getty Images.3 reasons Pinduoduo stock has tumbled in 2021Pinduoduo's emergence as a major force in e-commerce has been nothing short of remarkable. In just five short years, it went from an unknown start-up to China's biggest e-commerce platform, with more active buyers than Alibaba. Revenue grew at a stunning rate and hit 59.5  billion yuan ($9.2 billion) in 2020, almost doubling year over year.The company owes much of its success to founder Zheng Huang, a data scientist and entrepreneur who was part of the team that set up Alphabet's Google China. But less than a year after he relinquished his role as CEO (on July 1, 2020) -- a move that was itself shocking -- Huang also recently stepped down as chairman of the board. That latest move may have spooked investors further -- the stock price is down 17% since the announcement on March 17.But that's not the only reason for concern. Chinese regulators have launched wide-ranging antitrust probes into that nation's large tech companies. The government just fined Alibaba $2.8 billion for breaking anti-monopoly laws. Tencent and Baidu were hit with much smaller fines in March for making acquisitions without notifying authorities.There's no clear evidence -- so far -- that Pinduoduo is involved in anti-competitive activities. But what's clear is that China is tightening its grip over its local tech titans, hurting their growth prospects. As one of China's biggest e-commerce companies, Pinduoduo will need to adapt to those challenges.In addition to these two reasons, the tide in the stock market is turning against high-growth tech companies. With many Americans beginning to resume their pre-pandemic ways, investors are selling the hypergrowth tech stocks that flourished during 2020, taking their profits, and shifting their bets into \"reopening\" plays like Wells Fargo and Dine Brands Global. Some of last year's hottest names like Tesla and Snowflake are down by 20% to 50% from all-time highs. As Pinduoduo was one of 2020's best-performing stocks, there's a high chance that some of its recent declines can be attributed to it getting caught up in the wider tech sell-off.What's next for Pinduoduo?Huang's abrupt exit from day-to-day operations at Pinduoduo has left investors with a clouded outlook heading into 2021. But it's worth noting that he remains the company's biggest shareholder. As a result, he will likely continue providing some guidance to the company. What's more, he has left Pinduoduo's management in good hands. New CEO Lei Chen -- who has worked with Huang since 2011 -- has been a key contributor to growing it into the powerhouse that it is today.Over the next few years, Pinduoduo is well-positioned to expand further on the back of rising customer spending. Its users spend just 2,115 yuan ($300) a year on the platform, still low compared to what the average customer spends on Alibaba. Beyond e-commerce, Pinduoduo has a vision to build a \"worldwide presence in agriculture,\" which could dramatically widen its addressable market. Agriculture-related gross merchandise value (GMV) nearly doubled from 136 billion yuan in 2019 to 270 billion yuan in 2020. Management expects to hit 1 trillion yuan (around $150 billion) in annual agriculture by 2025.In other words, Pinduoduo is just getting started -- and growth-oriented investors should take note.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4262082,"gmtCreate":1620458937070,"gmtModify":1631895384272,"authorId":3582074828081294,"author":{"id":3582074828081294,"idStr":"3582074828081294","authorId":3582074828081294,"name":"asdine","avatar":"https://static.tigerbbs.com/1de6a3b69cd62b99233606d7c5500508","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3582074828081294,"repliedAuthor":{"id":3582074828081294,"idStr":"3582074828081294","authorId":3582074828081294,"name":"asdine","avatar":"https://static.tigerbbs.com/1de6a3b69cd62b99233606d7c5500508","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":104594112,"type":1,"supId":4262076,"prevId":4262080,"content":"comment","text":"comment","html":"comment"},{"id":4262080,"gmtCreate":1620458929837,"gmtModify":1631895384265,"authorId":3582074828081294,"author":{"id":3582074828081294,"idStr":"3582074828081294","authorId":3582074828081294,"name":"asdine","avatar":"https://static.tigerbbs.com/1de6a3b69cd62b99233606d7c5500508","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3582074828081294,"repliedAuthor":{"id":3582074828081294,"idStr":"3582074828081294","authorId":3582074828081294,"name":"asdine","avatar":"https://static.tigerbbs.com/1de6a3b69cd62b99233606d7c5500508","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":104594112,"type":1,"supId":4262076,"prevId":4262077,"content":"<u>comment</u>","text":"<u>comment</u>","html":"<u>comment</u>"},{"id":4262077,"gmtCreate":1620458919226,"gmtModify":1631895384256,"authorId":3582074828081294,"author":{"id":3582074828081294,"idStr":"3582074828081294","authorId":3582074828081294,"name":"asdine","avatar":"https://static.tigerbbs.com/1de6a3b69cd62b99233606d7c5500508","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104594112,"type":1,"supId":4262076,"prevId":0,"content":"comment","text":"comment","html":"comment"},{"id":4262076,"gmtCreate":1620458907824,"gmtModify":1631895384248,"authorId":3582074828081294,"author":{"id":3582074828081294,"idStr":"3582074828081294","authorId":3582074828081294,"name":"asdine","avatar":"https://static.tigerbbs.com/1de6a3b69cd62b99233606d7c5500508","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104594112,"type":1,"supId":0,"prevId":0,"content":"comment","text":"comment","html":"comment"},{"id":4254364,"gmtCreate":1620396899481,"gmtModify":1631895384241,"authorId":3582936698066263,"author":{"id":3582936698066263,"idStr":"3582936698066263","authorId":3582936698066263,"name":"aiyohyun","avatar":"https://static.tigerbbs.com/5efe05924fc38dd8db647c314e32c5b2","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104594112,"type":1,"supId":0,"prevId":0,"content":"<u>hoho</u>","text":"<u>hoho</u>","html":"<u>hoho</u>"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":41,"commentSize":15,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}