PDD: Strong Business Growth Thanks To Temu, Trading At Just 12x Earnings

Robert Way Article Thesis PDD Holdings Inc. (NASDAQ:PDD) is showcasing explosive business growth at a rate of more than 100% annualized, thanks, in part, to its blockbuster Temu shopping app. And yet, PDD Holdings trades at a very undemanding valuation of just 12x this year's expected net profits. Investors should not forget about the risks of investing in PDD Holdings, but the combination of very strong business growth and a very inexpensive valuation could be of interest to investors. PDD Holdings: An Und ...