2 Risks Investors Should Know Before Buying Pinduoduo Stock
The up-and-coming Chinese e-commerce company Pinduoduo Inc (PDD -0.35%) has caught investors' attention recently. It delivered a solid financial performance in the last few quarters, and its cross-border e-commerce marketplace Temu has captured the mindshare of millions of overseas consumers.Pinduoduo's stock price is up by more than 50% in the last 12 months and investors are optimistic that the momentum could continue in 2024. Still, there are always risks when investing in any company. Here are two criti ...