Pinduoduo receives Investment Bank Analyst Rating Update
- Investing.com
Pro
Metrics to compare | P1DD34 | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipP1DD34PeersSector | |
|---|---|---|---|---|
P/E Ratio | 8.2x | 12.2x | 10.0x | |
PEG Ratio | −1.40 | 0.05 | 0.02 | |
Price/Book | 1.7x | 1.3x | 1.4x | |
Price / LTM Sales | 1.7x | 1.4x | 0.9x | |
Upside (Analyst Target) | - | 72.5% | 30.1% | |
Fair Value Upside | Unlock | 33.3% | 12.2% | Unlock |
PDD Holdings Inc., a multinational commerce group that owns and operates a portfolio of businesses. The company operates Pinduoduo platform, which provides various product categories and interactive shopping experiences; and Temu, an online platform, which enables merchants to streamline their manufacturing and commercial operations. The company was formerly known as Pinduoduo Inc. and changed its name to PDD Holdings Inc. in February 2023. PDD Holdings Inc. was incorporated in 2015 and is based in Dublin, Ireland.