bullish

PDD Holdings

[PDD Holdings Inc. (PDD US, BUY, TP US$95) Earnings Preview]: BUY on Expected Margin Beat

334 Views18 Apr 2023 11:16
We expect PDD to report 1Q23's revenue and non-GAAP net income 6.1% and 23.8% ahead of consensus. PDD entered an adjustment period in March, which is reflected in lower S&M expenditure.
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Blue Lotus Research Institute
China growth and global non-US Internet equities
Hong KongInformation Technology & Consumer DiscretionaryEquity Bottom-UpThematic (Sector/Industry)
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