May. 28 at 10:46 AM
$PDD This had
$106.2 Billion RMB in total revenue last quarter or 15.66 Billion USD.
$AMZN Had 181.5 Billion USD total revenue. About 11.5 x as much.
$PDD Has 1.42 billion shares outstanding.
$AMZN Has 10.76 billion shares outstanding. About 10 x as many.
$AMZN Is
$270 a Share.
$PDD Is about
$85. share price should be more or less equal but
$AMZN is 3 times more. I have stock in both companies. Looking back over the last 2 years, my spending has drifted and I now spend more money on the Temu Platform than I do on the Amazon platform. I believe PDD is undervalued. I get it. No expenses, tariffs, and all that other stuff in my calculations. I'm rounding and over simplifying. Anyways, the way I shop combined with my warped sense of how the markets should work, I'm super bullish with a target price of
$225 EOY
