Goldman Sachs: Temu enters the "monetization" phase, Pinduoduo's new growth turning point has arrived!
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As Temu approaches its profitability inflection point and domestic revenue growth reaccelerates, Pinduoduo has entered the starting point of a new growth phase.
According to Chasewind Trading Desk, Goldman Sachs released its Q4 2025 earnings review report for Pinduoduo Holdings (PDD), maintaining a Buy rating and a 12-month price target