PDD Holdings: Looming Tariffs Likely Won't Stop Temu
Kenneth CheungPDD Holdings Inc. (NASDAQ:PDD) has been a runaway success over the last couple of years. The operator of Temu has reported explosive sales growth as consumers around the world latch onto cheap goods produced in China shipped directly to consumers at a discount. My investment thesis is Bullish on the stock, with a cheap valuation and a massive balance sheet to offset any regulatory threats in the future. Source: FinvizBooming Business PDD launched Temu in the U.S. back in late 2022 to sell ...