PDD - Pinduoduo Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
-0.25 (-1.22%)
At close: 4:00PM EDT
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Trade prices are not sourced from all markets
Previous Close20.53
Bid20.28 x 1400
Ask20.37 x 1400
Day's Range20.14 - 20.98
52 Week Range16.53 - 31.99
Avg. Volume9,363,770
Market Cap23.405B
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-2.09
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est29.76
  • Questioning Pinduoduo’s Rapid US Ascent
    Market Realist6 days ago

    Questioning Pinduoduo’s Rapid US Ascent

    JD, PDD, SHOP, ETSY, and GRPN Respond to Competition(Continued from Prior Part)Triple-digit revenue growthPinduoduo (PDD) is perhaps China’s fastest-growing e-commerce company. Between June 2017 and December 2018, Pinduoduo’s active shopper

  • Alibaba Rival Pinduoduo Ventures into Car Sales
    Market Realist6 days ago

    Alibaba Rival Pinduoduo Ventures into Car Sales

    JD, PDD, SHOP, ETSY, and GRPN Respond to Competition(Continued from Prior Part)Wuling Hongguang S1 discounted up to 34%This month, Pinduoduo (PDD) began selling vehicles on its online shopping platform. Best known for its digital marketplace,

  • Benzinga6 days ago

    Pinduoduo's Q1 Print Reinforces KeyBanc's Bull Thesis

    Pinduoduo Inc (NASDAQ: PDD ) reported a first-quarter beat Monday, with both revenue and operating margin landing ahead of expectations. The Chinese e-commerce company achieved better efficiency in user ...

  • Pinduoduo Inc (PDD) Q1 2019 Earnings Call Transcript
    Motley Fool7 days ago

    Pinduoduo Inc (PDD) Q1 2019 Earnings Call Transcript

    PDD earnings call for the period ending March 31, 2019.

  • GlobeNewswire7 days ago

    Pinduoduo Announces First Quarter 2019 Unaudited Financial Results

    SHANGHAI, China, May 20, 2019 -- Pinduoduo Inc. ("Pinduoduo" or the "Company") (NASDAQ: PDD), an innovative and fast growing “new e-commerce” platform and one of the leading.

  • Alibaba beat earnings estimates, revenue grows 51% in the quarter
    Yahoo Finance12 days ago

    Alibaba beat earnings estimates, revenue grows 51% in the quarter

    The most well-known Chinese company among U.S. investors reported earnings as trade tensions between Washington and Beijing intensifies.

  • Calculating The Intrinsic Value Of Pinduoduo Inc. (NASDAQ:PDD)
    Simply Wall St.13 days ago

    Calculating The Intrinsic Value Of Pinduoduo Inc. (NASDAQ:PDD)

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...

  • PR Newswire14 days ago

    Lifshitz & Miller LLP Announces Investigation of Aratana Therapeutics, Inc., Community Health Systems, Equity Bancshares, Inc., Ford Motor Company, Interface, Inc., Monotype Imaging Holdings, Inc., PetIQ, Inc., and Pinduoduo, Inc.

    NEW YORK , May 13, 2019 /PRNewswire/ --  Aratana Therapeutics, Inc. (PETX) Lifshitz & Miller  announces investigation into possible breach of fiduciary duties in connection with the proposed merger of ...

  • JD.com Stock Is Worth Buying on Every Dip
    InvestorPlace21 days ago

    JD.com Stock Is Worth Buying on Every Dip

    JD.com (NASDAQ:JD), one of the largest Chinese online retailers, has rewarded its shareholders extremely well so far in 2019. Year-to-date, JD stock is up over 34%.Source: Daniel Cukier via FlickrDespite the overall strength of JD this year, I do not think long-term investors should rush to buy it at this point. When JD.com reports its earnings on May 10, Wall Street will be able to better gauge the financial health of the company. Furthermore, yesterday President Trump tweeted that he was prepared to impose further tariffs on China, causing the markets to tumble today. Although I would not bet against JD stock, I expect JD to undergo volatility and possibly weakness this month. Here is why I believe that: * 7 Energy Stocks to Buy to Light Up Your Portfolio JD Is a Growth Stock in a Dynamic E-Commerce MarketJD stock and many of the other Chinese companies listed on U.S. exchanges enable investors to benefit from growing Chinese consumer spending.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOnline shopping represents about 35% of China's total $5.5 trillion retail market,and JD.com has a 25% share of the online retail market. Inevitably, a great deal of competition has arisen in such a large market. JD's main competitor is Alibaba (NYSE:BABA), whose Tmall and Taobao platforms are China's largest online business-to-consumer and consumer-to-consumer marketplace, respectively.In the past few years, new players have entered the internet commerce marketplace in China. One example is Pinduoduo (NASDAQ:PDD), a Groupon-style (NASDAQ:GRPN) retailer, which had its IPO in 2018. In addition to its online e-commerce operations, JD.com also has hundreds of warehouses and thousands of delivery stations as well as fresh food stores across China.JD's impressive growth has attracted the attention of U.S. tech giants, too. In June 2018, Alphabet's (NASDAQ:GOOG, NASDAQ:GOOGL) Google announced that it would invest $550 million in JD.com. Both companies stated that they would collaborate on various e-commerce and technology projects. Under the deal, Google received 27,106,948 shares of JD stock at a price that equated to $40.58 per American depository share. Although the cooperation between the two companies is likely to benefit both of them in the years to come, so far JD.com stock hasn't reflected any benefits from the collaboration.Although the Chinese economy may slow further in 2019 or 2020, China's GDP is still expanding at an average annual rate of at least 6%. In other words, China's growing middle class will continue to drive increases in the country's consumer spending and the expansion of China's e-commerce market. And when Chinese citizens have more money in their pockets, they can spend more money on online shopping sites like JD.com.However, since JD stock is a growth name, it trades on forward sales as well as the momentum provided by future expectations. The markets are likely to continue to be choppy in May, especially since many other tech heavyweights and Chinese ADR's are expected to release their quarterly reports this month.The volatility of JD stock is high, giving it a broad trading range, so short-term traders should be cautious about buying JD in coming weeks. JD.com Stock and Earnings Season JittersOn Feb. 28, JD.com reported strong Q4 results, as its quarterly revenue increased by 22% year-over-year to $19.6 billion. Meanwhile, JD's active customer base reached 305.3 million in 2018. The stock has so far responded well to the earnings report.On May 10, in addition to the headline numbers, such as earnings and adjusted revenues, the owners of JD stock will pay particular attention to several other issues.Recently, a U.S. college student sued Richard Liu, the founder and CEO of JD.com, over allegations that he raped her. Liu controls 80% of the voting rights of JD stock. Many analysts fear that these legal woes highlight important corporate governance issues at the company. Therefore, analysts are likely, when JD reports its results, to try to determine if the company is being adversely affected by Liu's personal legal issues.JD stock is momentum-driven, so it usually experiences big price swings after reporting its earnings. In other words, JD.com stock can easily gap up if its results are better than expected. Alternatively, if investors are disappointed by the numbers or by upcoming legal challenges, JD can easily tumble.Options markets are pricing in an approximate post-earnings move of 7%-9% in either direction by JD.com stock. If the earnings report is well-received, my next price target for JD.com stock in the coming weeks would be between $31 and $34.On the other hand, if the Street is disappointed by JD's results, JD could easily drop towards $25.Unless JD's earnings and 2019 guidance are exceptional, many investors may decide to wait for a pullback of JD stock before hitting the "buy" button. So Should You Buy JD Stock in May?I think JD.com is still one of the best stocks China has to offer, and it could easily fit in a diversified portfolio. Within two years, I expect JD stock to easily rise to the lower $40's which is the price that Google paid for the shares in 2018.However, in coming weeks, I think the JD.com stock price will be volatile.As a result of the recent impressive rise of JD stock, its short-term technical indicators have become somewhat overextended. Investors who pay attention to short-term oscillators should note that JD.com stock has become "overbought." So, in the next few weeks, there might be some profit taking in JD.com stock.After the company's earnings results, I would not fight the tape, and I would be willing to re-evaluate the technical outlook of JD stock in the coming days.If you already own JD stock, you might want to hold onto your shares. However, you may consider placing a stop loss at about 5%-7% below the current price point.After the upcoming earnings call, if the price of JD drops, and you still believe in the bull case for JD.com stock, then you might consider waiting for a better time to buy, such as when the share price is around $25.As of this writing, the author did not own shares in any of the companies mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Energy Stocks to Buy to Light Up Your Portfolio * 10 Vice Stocks to Spice Up Your Portfolio * 7 of the Best ETFs to Buy for a Slowing Economy Compare Brokers The post JD.com Stock Is Worth Buying on Every Dip appeared first on InvestorPlace.

  • GlobeNewswire21 days ago

    Pinduoduo to Report First Quarter 2019 Unaudited Financial Results on May 20, 2019

    SHANGHAI, China, May 06, 2019 -- Pinduoduo Inc. ("Pinduoduo" or the "Company") (NASDAQ: PDD), an innovative and fast growing “new e-commerce” platform and one of the leading.

  • GuruFocus.com25 days ago

    AIA International Ltd Buys Pinduoduo Inc

    Investment company AIA International Ltd buys Pinduoduo Inc during the 3-months ended 2019Q1, according to the most recent filings of the investment company, AIA International Ltd.

  • GlobeNewswirelast month

    Bragar Eagel & Squire, P.C. is Investigating Pinduoduo Inc. (PDD) on Behalf of Stockholders and Encourages PDD Investors to Contact the Firm

    NEW YORK, April 26, 2019 -- Bragar Eagel & Squire, P.C. is investigating potential claims against Pinduoduo Inc. (NASDAQ: PDD).  Our investigation concerns whether.

  • GlobeNewswirelast month

    Pinduoduo Investigation by Block & Leviton LLP

    BOSTON, April 26, 2019 -- Block & Leviton LLP (www.blockesq.com), a securities litigation firm representing investors nationwide, is investigating matters concerning.

  • US slams Alibaba and its challenger Pinduoduo for selling fakes
    TechCrunchlast month

    US slams Alibaba and its challenger Pinduoduo for selling fakes

    China's biggest e-commerce company, Alibaba, was again on the U.S. Trade Representative's blacklist over suspected counterfeits sold on its popular Taobao marketplace that connects small merchants to consumers. Nestling with Alibaba on the U.S.'s annual "notorious" list that reviews trading partners' intellectual property practice is its fast-rising competitor Pinduoduo . Just this week, Pinduoduo founder Colin Huang, a former Google engineer, wrote in his first shareholder letter since listing the company that his startup is now China's second-biggest e-commerce player by the number of "e-way bills," or electronic records tracking the movement of goods.

  • Reuterslast month

    U.S. adds another China e-commerce site to 'notorious' IP blacklist

    The U.S. Trade Representative's Office placed Pinduoduo.com, which USTR described as third largest by number of users, on its blacklist of commercial marketplaces that fail to curb the sale of counterfeit products. It also kept Alibaba Group's taobao.com, China's largest e-commerce platform, on the list.

  • GlobeNewswirelast month

    Pinduoduo Files Annual Report on Form 20-F for Fiscal Year 2018

    SHANGHAI, China, April 24, 2019 -- Pinduoduo Inc. ("Pinduoduo" or the "Company") (NASDAQ: PDD), an innovative and fast growing “new e-commerce” platform and one of the leading.

  • MarketWatchlast month

    Pinduoduo shares rise after Jefferies starts coverage at buy

    American depositary shares of Chinese e-commerce company Pinduoduo Inc. are up 0.8% in morning trading Monday after Jefferies anlyst Karen Chan initiated coverage with a buy rating and said that the company was "reinventing rural shopping." She is upbeat about the company's ability to benefit as middle-aged, rural Chinese citizens increase their discretionary spending. "As China's e-commerce penetration of retail sales approaches 18.5%, and over 70% of internet users shop online, we believe further growth opportunities are underpinned by both consumption upgrade of China's 400-million middle class as well as low-hanging fruits in tier-3 cities and below, which now contribute close to 60% of new e-commerce users," Chan wrote. She set a price target of $30 on the shares, which have fallen 10% over the past three months.

  • Top Chinese E-Commerce Stocks to Buy in 2019
    Motley Fool2 months ago

    Top Chinese E-Commerce Stocks to Buy in 2019

    Combine a fast-growing sector with the world's biggest country and you get a ton of growth.

  • Were Hedge Funds Right About Souring On Pinduoduo Inc. (PDD)?
    Insider Monkey2 months ago

    Were Hedge Funds Right About Souring On Pinduoduo Inc. (PDD)?

    Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback […]

  • Yunji, a startup that enables social commerce via WeChat, files for $200M US IPO
    TechCrunch2 months ago

    Yunji, a startup that enables social commerce via WeChat, files for $200M US IPO

    China's Pinduoduo was all the rage in 2018 as the e-commerce upstart quicklyrose to challenge Alibaba and raised $1

  • China tech firms, seeking passion and energy, promote younger staff
    Reuters2 months ago

    China tech firms, seeking passion and energy, promote younger staff

    The companies deny that the moves, which are worrying some older employees, reflect any discrimination based on age. Explicit age discrimination is illegal in many countries, though not in China. Chinese tech companies are known to prefer young workers, in part because of demands such as the so-called "996" schedule that asks employees to work 9 a.m. to 9 p.m., six days a week.

  • Surging costs send shares of e-commerce challenger Pinduoduo down 17 percent
    TechCrunch2 months ago

    Surging costs send shares of e-commerce challenger Pinduoduo down 17 percent

    China's new tech force Pinduoduo is continuing its race to upend thee-commerce space, even at the expense of its finances

  • The Wall Street Journal2 months ago

    [$$] Pinduoduo Has No Problem Gaining Users. Profit, Not so Much.

    The Chinese e-commerce company’s revenue last quarter had more than tripled from a year ago, its but costs are rising even faster.