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After Earnings, Pinduoduo Looks Like Best Large-Cap China Play

News Snapshot:

– Blowout earnings from Pinduoduo continue an impressive growth story – The company continues to take market share from larger rivals – Standard risks about investing in China certainly apply, but investors willing to take those risks should take a long look at PDD Over the past four quarters, Chinese e-commerce platform Pinduoduo (NASDAQ:) has generated about $14 billion in revenue. That’s an impressive feat, certainly. But it’s far more impressive when considering one key fact: the company was founded in September 2015. In 2002, seven years after Amazon.com (NASDAQ:) was founded, it generated just $4 billion in sales. Obviously,…

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