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The average price target for PDD Holdings is $218.36. This is based on 13 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $272.00 ,the lowest forecast is $184.00. The average price target represents 64.21% Increase from the current price of $132.98.
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- Financials
May 23, 2024 · The average stock forecast for Pinduoduo Inc (PDD) in the next 12 months is 206.86 USD. This price target corresponds to an upside of 55.56%. The range of stock forecasts for PDD is 118.78 - 285.60 USD. Based on the ratings of 49 analysts, the consensus recommendation for PDD is BUY.
The current analyst and expert consensus on Pinduoduo is Buy, with 9 strong buy opinions. The current projected Pinduoduo target price consensus is 123.86 with 14 analyst opinions. Check out Macroaxis Advice on Pinduoduo to cross-verify analyst projections.
- What Is Pinduoduo: Social Commerce and Affiliate Marketing
- How Does Pinduoduo Work?
- Pinduoduo Statistics
- How to Start Selling on Pinduoduo
- What to Do If You're Not Based in China
- Marketing Your Brand and Products on Pinduoduo
Chinese eCommerce platformPinduoduo was founded in 2015 and offers a broad range of products—everything from day-to-day groceries to appliances for your home. As of the first quarter of 2022, Pinduoduo has 751.3 million monthly active users (Statista). This marks an increase of 3.6% from the same period of the previous year. And it's not just Pindu...
Pinduoduo operates on a customer-to-manufacturer (C2M) business model. Users can download the Pinduoduo app from the App Store or use the mini-app available within WeChat. From there, users can purchase straight from manufacturers or take part in group shopping to increase their discounts. This model puts manufacturers in control of their profit ma...
Now that you know a bit more about the platform and how it works, let's take a look at the numbers. Here are some Pinduoduo statistics you'll want to know if you're considering buying or selling on the platform. 1. 100% of Pinduoduo's revenue comes from "online marketplace services" that consist of commissions the platform makes from sales and adve...
Pinduoduo tends to focus on lesser-known brands which might seem like a prime opportunity to use the platform's innovative social commerce-driven C2M model to promote your products and increase your sales. However, if you're not a Chinese-based company, you could have a bit of trouble. Not because the platform freezes out foreign sellers, but becau...
If you're not based in China, Pinduoduo has a registration option for you, too. However, gaining an audience in China as a foreign business isn't just as easy as putting your products up on the platform and hoping for the best. Since Pinduoduo is largely based on Chinese social media, you'll need to take steps to build your online reputationon thos...
Fortunately for merchants, Pinduoduo has been developing a social eCommerce platform that makes it fun to shop online with friends. To get the most out of your Pinduoduo experience, consider using these pricing options on the platform: 1. Limited Purchase.Set up a discounted price based on a certain quantity. After that quantity has been sold, the ...
According to Wall Street analysts, the average 1-year price target for PDD is 206.86 USD with a low forecast of 118.78 USD and a high forecast of 285.6 USD.
Mar 13, 2024 · Pinduoduo entered the Chinese ecommerce scene in 2015, and rapidly grew to become one of its largest players thanks to a savvy combination of social features, gamification, low prices, and targeting the right audiences.
Aug 28, 2020 · Pinduoduo’s target audience is Tier 3 & 4 consumers. According to Pinduoduo’s CEO, the company targets three types of consumers: Consumers who have not had experience of shopping online. Consumers who have used Taobao before but don’t shop online frequently. Consumers whose needs can’t be met by Taobao.
