After reading the comments, most friends do not recognize Pinduoduo's ability to replace Taobao and JD.com, especially believing that Pinduoduo's low-price advantage represents low-quality products and is unsustainable. From these viewpoints, I feel that Pinduoduo's stock is still extremely undervalued.
- Pinduoduo's advantage lies not in low prices, but in efficiency.
The essence of the business model is different, leading to absolute global competitiveness—Pinduoduo will become the number one in global e-commerce.
Currently, in China, Taobao and JD.com are already in a state of being beaten. They are invincible in terms of growth rate and profit margins.
- By the time Pinduoduo unifies the global online e-commerce market, it should have already reached a trillion dollars. At that time, with high profit margins combined with extreme efficiency, a new growth curve should also emerge—I don't know what that will be, but I believe Huang Zheng is much more capable than I am.
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