What Can Investors Expect from Pinduoduo Stock in 2024?

2023 was a disappointing year for Chinese companies with a few exceptions like PDD Holdings (PDD 1.41%), also known as Pinduoduo. The up-and-coming e-commerce stock delivered an impressive 79% return to investors last year as its revenue climbed 75% year over year in the first nine months of 2023.And there are good reasons to expect Pinduoduo's strong momentum to continue in 2024 as the company executes its growth strategy.Shifting to a sustainable growth strategy in ChinaPinduoduo has been one of China's b ...