China's Pinduoduo misses quarterly revenue estimates on softer demand

Investor summaryBearish

Pinduoduo missed quarterly revenue estimates due to softer consumer demand in China.

Bear points

PDD财报季

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Discussion · top comments8 selected

u/SadWimp 6· 17d ago

1500 stocks in NYSE, I have chosen Chyna sh\*t.

Damee. Lost more than 8% today. I should have stuck with American stocks...

Buy the dip? I have a small-ish position. It’s looking ridiculously cheap.

I have over 6 figures in PDD already. Wish i had more money to buy. Net cash is 50% of the company market cap.

u/Possible-Handle6473 2· 17d ago

Good fuck that shit company 🤣

u/Weikoko 2· 17d ago

Ohhh 😮 but Chyna is doing great

u/BaBaBuyey 5· 17d ago

Yeah, they don’t need stimulus & lower rates. They need more SmackDown crackdowns and more “vows and pledges like two years ago.

u/Ebonvvings 1· 17d ago

China don't get 1% of the hype of US stock market. Simply hated