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-0.000855347992257924 -0.00252469785025983 -0.00252728198316689 -0.000953545042728534 -0.0061321473886045 -0.0101031327443233 -0.00485558573248538 -0.000330769012111765
Stock impact report

1 Growth Stock I'd Buy Before PDD In 2026 [Yahoo! Finance]

MercadoLibre, Inc. (MELI) 
Last mercadolibre, inc. earnings: 2/10 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
MercadoLibre's stock is pricier, but it deserves its premium valuation. 10 stocks we like better than PDD Holdings › PDD (NASDAQ: PDD) , China's third-largest e-commerce company after Alibaba (NYSE: BABA) and JD.com (NASDAQ: JD) , went public on July 26, 2018 at $19 per ADS. On Feb. 17, 2021, its stock closed at its all-time high of $202.82. That rally was fueled by the explosive growth of its discount marketplace, its market share gains against Alibaba and JD, and the expansion of its online agricultural business. It expanded by selling cheaper products in China's lower-tier cities, encouraging its shoppers to team up to score bigger bulk discounts, and bypassing supermarkets by directly connecting farmers to consumers. It also launched a cross-border marketplace, Temu, to connect its Chinese merchants to overseas buyers. From 2018 to 2024, PDD's revenue grew at a CAGR of 76%. It also turned profitable in 2021, and its net income increased at a CAGR of 144% over the followin Show less Read more
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