baccarat70ml| It rose 1% before the market, and results will be announced soon

Gelonghui May 22| Panduo (PDDbaccarat70ml.US) rose 1% to 146 before the marketbaccarat70ml.9 dollars. Pinduo is about to announce results before the market. The agency predicts revenue in the first quarter will be 76.558 billion yuan, a year-on-year increase of 103.41%baccarat70ml; U.S. stock earnings were 9.66 yuan, a year-on-year increase of 74.13%.

In addition, UBS recently issued a report arguing that the market is overly pessimistic about the geopolitical risks faced by Temu, a subsidiary of Pinduoduo, and ignores it.baccarat70mlIt represents the huge potential market total (TAM) it provides to underserved low-income consumers overseas. Temu's innovative managed e-commerce model should deliver higher profit margins compared to third-party market models. It is estimated that by 2028E, Temu's operating profit margin on commodity turnover will reach 8%, and the market expectation is 4%, exceeding the 3% profit margin in Pinduo's core market. Therefore, the target price of PIDO will be raised from US$217 to US$248, reiterating the "Buy" rating. UBS pointed out that the catalysts for the re-rating of Pendore include Temu's narrowing of losses; strong revenue growth in the face of a competitive environment; and Temu's expectation to achieve breakeven by the end of 2025.

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