MrM
:
Haha still here. We are used to this kind of drop and the current share price is still high compared to the usual 70s share price. Maybe you should ask the bulls at PDD. A drop of 25% is pretty rare.
StampyCat
:
ahaddy company like PDD actually losing market share on China to the established platform. if value for money, question is why PDD less bullish for Consumers
MrM : Haha still here. We are used to this kind of drop and the current share price is still high compared to the usual 70s share price. Maybe you should ask the bulls at PDD. A drop of 25% is pretty rare.
104160836 OP : to be honest if PDD beat all estimates it would actually be game over for alibaba .![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Btan : Good that PDD collapsed
StampyCat : ahaddy company like PDD actually losing market share on China to the established platform. if value for money, question is why PDD less bullish for Consumers
104160836 OP : anyway just short it short term![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
SWEJNC : have you guys use temu? its really bad imho...