PinduoduoThe market capitalization exceedsAliThis result is indeed surprising. PinduoduoIt was founded relatively late, but the speed of its development is staggering. PinduoduoIt has adopted a unique "bargaining" model, attracting a large number of users and becoming the largest number of users in ChinaE-commerce platformsPinduoduoAmazing development has also been achieved in overseas markets, especially the launch of the "temu" model, which is threatened in overseas marketsAmazonstatus. PinduoduoThe capital markets are bullish on the potential of the market, and U.S. investors are more focused on future development potential than just current revenues and profits. Compare that toAliAnd JD.com in the early stage of development did not have the presentPinduoduobut they are also growing step by step. PinduoduoThe foundation has been laid well, and the momentum of future development is exciting. AliThe market value of the company mainly represents businesses such as Tmall**, while other businesses such as cloud computing, rookie, and Alipay are not included in it, which is alsoAliOne of the reasons for the low market cap estimate. ConsideredPinduoduoThe speed and potential of development, its market capitalization exceedsAliNot a strange thing. Capital markets are wise and don't make blind investment decisions, so we don't have to scoff at the decisions of U.S. investors.
PinduoduoThe pace of development is impressive. In just 8 years since its establishment,PinduoduoIt has become the largest in ChinaE-commerce platforms, the number of users even exceeds that of JD andAli。In contrast, JD.com was founded in 1998AliFounded in 1999,PinduoduoThe pace of development can be said to be staggering. PinduoduoThe implemented bargaining model has attracted the attention of a large number of users, and this unique gameplay makes shopping fun and cost-effective. In addition,PinduoduoThere is also significant progress in overseas markets. The launch of the temu model has also been a great success in overseas markets, with:PinduoduoSimilar at the beginning of domestic development. It is widely believed that the nextPinduoduoProbably rightAmazonpose a threat to catch up on a global scaleAmazonThis isAliand JD.com can't reach. Therefore,PinduoduoThere is a good reason for being given an overvalued valuation. After all,AmazonThe market capitalization has been as high as 1$52 trillion.
The capital market is more focused on future potential than just immediate market performance. Companies listed in the U.S. are more likely to receive the attention of the U.S. capital market, which values the company's potential and prospects. ForPinduoduoAlthoughUnit value, brand image and other aspects still need to be improved, but as long as the number of users is large enough and the development speed is fast enough, other problems can be slowly solved. After all,AliAnd JD.com's early development was not as good as it is now, and their success came step by step. PinduoduoA good foundation has been laid, so the prospects for future development are optimistic.
AliThe market value of Tmall** and other businesses only represents the value, and its cloud computing, rookie, Alipay and other businesses are not included. Therefore,AliThe market capitalization of is somewhat undervalued. There's no denying it,AliIt is the largest e-commerce group in China and also has an important position in the international market. However,PinduoduoThe market capitalization exceedsAliNot surprising. From the point of view of development speed, potential and market opportunities,PinduoduoThe outlook is indeed promising.
All in allPinduoduoThe market capitalization exceedsAliNot surprising. PinduoduoWith its rapid development speed, unique bargaining model and success in overseas markets, it has won the favor of the capital market. Compare that toAliThe market capitalization of is somewhat undervalued. After all,PinduoduoIt has become the largest in ChinaE-commerce platforms, its development potential and future prospects are exciting. As investors, we should understand that capital markets don't make stupid decisions, forPinduoduoThe market capitalization exceedsAlishould be open-minded. PinduoduoThe success story is also worth pondering, constantly exploring new business models and market opportunities, and creating more possibilities for our own business.