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$Alibaba (BABA.US)$ Taobao is indeed not as good as pdd hold...

$Alibaba (BABA.US)$ Taobao is indeed not as good as pdd holdings now. PDD's free shipping and return with shipping fee are very powerful. In addition, it seems that Douyin's group buying has also taken away a lot of Taobao's business.
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  • s45yen : Pdd so expensive now.. I think many profit taking and shorting at the same time. better run soon.. Baba so cheap.. wah lau

  • KiKiKoKo s45yen : If PDD becomes an international e-commerce giant, then it's not expensive now

  • s45yen KiKiKoKo : means it's expensive now unless it becomes the giant.. but think it awaken the sleeping beauty.. and Baba is already a giant but so cheap.. the disparity is too wide, people rush to buy pdd.. prices are too steep already, unles a while back I might have considered at 70+.. multiplied by more than 2 times.. I think Baba just needed a challenger to change and perform better, just like how they took down eBay via taobao.. the time has come when its leading position is taken away..

  • 嘟嘟0514 OP s45yen : $PDD Holdings (PDD.US)$ It's really expensive. It left a solid position to see where it could rise.
    Now I'm slowly opening positions$Alibaba (BABA.US)$ However, now the main capital favors Pinduoduo.