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Why I'm Getting More Bullish on Pinduoduo Stock

Lawrence Nga, The Motley Fool
·5-min read
Why I'm Getting More Bullish on Pinduoduo Stock

Pinduoduo (NASDAQ: PDD) was just a 6-year-old e-commerce company when I first bought stock back in 2021 in this commerce site that leverages social interactions as part of its sales pitch. Despite its relatively young age, Pinduoduo had achieved some remarkable results up to that point, becoming one of the top three players in the Chinese e-commerce industry. The founder had stepped down and the technology industry was facing enormous scrutiny from the Chinese government.

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