PDD: Turning Stable Growth Stage, Agricultural Strategy Starts to Bear Fruits
PDD’s revenue reached CNY 23.8 billion in Q1 2022 with transaction services revenue surging 91% YoY. Owing to China's product trade and unique political environment, we believe the agriculture tech market, though extremely difficult, has great potential. Its Commission revenue in Q1 nearly doubled owing to product sales, testifying to the potential of the agricultural strategy.
Jun 03, 2022 11:54 AM
Global Auto Chip Shortage: Challenges, Opportunities and Implications for OEMs
New Oriental’s Stock Surges as Live-streaming Transformation Shows Signs of Success
Governmental policies remain a large external factor that affects educational firms like New Oriental. Nonetheless, those that can adapt quickly to changes and find new market opportunities are more likely to succeed.
Jun 14, 2022 06:40 PM