Texas Dollar Alternative?
As you'll see, the political elite in Texas are backing this new currency to the hilt. One law allows businesses to accept this new currency, the same as if you were paying by cash or with a credit card. So, what is Texas' new currency? And what do you need to do immediately to prepare?
About PDD Holdings Inc ADR
PDD Holdings Inc., a multinational commerce group, owns and operates a portfolio of businesses. It operates Pinduoduo, an e-commerce platform that offers products in various categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverage, electronic appliances, furniture and household goods, cosmetics and other personal care, sports and fitness items and auto accessories; and Temu, an online marketplace. It focuses on bringing businesses and people into the digital economy. The company was formerly known as Pinduoduo Inc. and changed its name to PDD Holdings Inc. in February 2023. The company was incorporated in 2015 and is based in Dublin, Ireland.
General
| Name | PDD Holdings Inc ADR |
| Ticker | PDD |
| Exchange | NASDAQ |
| Sector | Consumer Cyclical |
| Industry | Internet Retail |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 17,403 |
Highlights
| Analyst Target | 146.84 |
| Market Cap | 170,457,600,000 |
| PE Ratio | 12.07 |
| PEG Ratio | 0.52 |
| EBITDA | 104,933,400,576 |
Share Stats
| Shares Outstanding | 1,388,770,000 |
| Shares Float | 1,351,110,000 |
| Shares Short | 22,820,000 |
| Insider Holdings | 0% |
| Institution Holdings | 31.90% |
Highlights
| Analyst Target | 146.84 |
| Market Cap | 170,457,600,000 |
| PE Ratio | 12.07 |
| PEG Ratio | 0.52 |
| EBITDA | 104,933,400,576 |
Valuation
| Trailing PE | 11.74 |
| Forward PE | 9.10 |
| Price/Sales (Trailing 12 Mt.) | 0.44 |
| Price/Book (Most Recent Quarter) | 4.27 |
Earnings
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