PDD Holdings Inc. (PDD): A Bull Case Theory

We came across a bullish thesis on PDD Holdings Inc. (PDD) on Substack by Favona Hathaway. In this article, we will summarize the bulls’ thesis on PDD. PDD Holdings Inc. (PDD)'s share was trading at $124.16 as of Feb 14^th. PDD’s trailing and forward P/E were 12.34 and 9.59 respectively according to Yahoo Finance.

[caption id="attachment_1196117" align="aligncenter" width="768"] A close-up of a customer using the company's e-commerce platform whilst shopping online.[/caption]

Founded in 2015 as Pinduoduo, PDD has become China’s second-largest e-commerce player, capturing over...