PDD (PDD US): Stopped Diversifying into ‘Local Life’ – A Rational Decision During Fast Growing

⬆ $PDD Holdings(PDD)$ - PDD stopped ‘local life’ business just two weeks after it began. We believe PDD’s low price advantage does not work in Meituan-like ‘local life’ and the top performer Meituan is hard to fight.


Continue reading on Smartkarma:- https://www.smartkarma.com/insights/pdd-pdd-us-stopped-diversifying-into-local-life-a-rational-decision-during-fast-growing?utm_source=tiger_community

By Ming Lu, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/ming-lu?utm_source=tiger_community

On PDD Holdings (PDD):- https://www.smartkarma.com/entities/pdd-holdings-inc?utm_source=tiger_community

免责声明:上述内容仅代表发帖人个人观点,不构成本平台的任何投资建议。

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