Pinduoduo is OWNING Alibaba (BABA Stock) - Ray Dalio KNEW?!

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CK, great sharing 😊 If you know what kind of junk they sell on PDD. You will run😂

ggcio
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We do not use PDD given the low qualities of product sold….their margin is low but seems to be getting scale through 3th 4th tier cities…

hongsingtan
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Maybe you should analyze Kuaishou Technology HKG: 1024?

djai
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Hey Chi Keng, in case you are unaware, ex-minister of Singapore, George Yeo is one of the director of PDD. He has been singing praises of PDD in his speeches and podcasts. PDD has globalisation ambition, to strengthen supply chains for in the region via 1 belt 1 road. You should have a listen, some are on YouTube.

mingxuan
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in the end china will have 3 equally sized and internet "shopping" companies, just like their 3 telecom and banks etc

whitespark
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I don‘t think that Pinduoduo is owning Alibaba. I still think that Alibaba is an independent company.

friedensmal