On 9 July 2020 , New Street Research issued a research report stating in 1Q,PDD saw a meaningful increase in cancellation of orders largely due to lack of fulfillment capacity. and fulfillment capacity has largely nomalized in 2Q...... In otherwords, PDD were deliberately concealing cancelled orders from Q1 GMV.....It took the firm two months to confess to this and the manner in which they did so was in conformity of SEC listing rules.
Spectacular innovation.
Now market cap is almost 200bn usd
He is a very smart guy. Look at his track record :)
Just made 2k with this stock
Pokedex I just made 50% a in few days
Congrats. Forgot it was on my watch list. Probably still huge gains ahead. Seems like a sustainable winner. 👍
Made almost 500%
Hope you kept this stock
You would have made 10k by now if you had kept it.
How much did he just sell 28B
Became 2nd richest chinese.
Ecomerce, I think, make it rich faster
On 9 July 2020 , New Street Research issued a research report stating in 1Q,PDD saw a meaningful increase in cancellation of orders largely due to lack of fulfillment capacity. and fulfillment capacity has largely nomalized in 2Q...... In otherwords, PDD were deliberately concealing cancelled orders from Q1 GMV.....It took the firm two months to confess to this and the manner in which they did so was in conformity of SEC listing rules.
Gg
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