Pinduoduo: Profitability and Growth Continue
It's been challenging for investors in Pinduoduo Inc (NASDAQ: PDD), China's up-and-coming e-commerce platform. In a little over a year, not only did the young company see its founder step down, its market capitalization fell by nearly 75%.
Under such circumstances, it'd be totally understandable to run away from such a stock. But the company's latest quarterly results also provide some good reasons for investors to be optimistic.
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Source Fool.com
