PDD: Increasing The ROI On Sales & Marketing Spending; Expect Net Loss Margin To Narrow in 2Q19
PDD will report 2Q19 financial results on August 21st before the markets open with a conference call at 7:30am EST. As China is geographically big with a diverse population, PDD is developing into a less developed market – populations in lower tier cities with lower income or less sophisticated with internet commerce. This group of the population was ignored in the past.
T.H. Capital is an independent research and investment advisory firm specializing in China. We offers real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects; from China ADRs to international names that have meaningful exposure to China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.
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