Citi analyst Alicia Yap lowered PDD Holdings Inc.’s price target to $142 from $170 ahead of Q4 earnings, citing moderating domestic retail sales and rising operating expenses. PDD’s adaptability to regulatory and macro headwinds, strong execution, and global expansion highlight its appeal to investors seeking e-commerce growth opportunities. Temu’s growth potential beyond China positions PDD as a global disruptor despite near-term margin volatility.

Read more at Yahoo Finance: PDD Holdings Inc. (PDD)’s Global Expansion Supports Its Long-Term Growth Story