PDD Holdings Faces Competition from Revived Jumia in Nigeria Amidst Strong Financial Performance and Attractive Valuation

Jumia Technologies is experiencing a resurgence in Nigeria under CEO Francis Dufay, challenging major competitors like Shein and Temu (PDD). PDD Holdings, with a market cap of $164.4 billion, operates through platforms like Pinduoduo and Temu, demonstrating strong financial health with robust profitability metrics and a solid balance sheet. Despite warning signs, the Altman Z-Score of 5.65 suggests strong financial health, and the Beneish M-Score indicates that the company is unlikely to be a manipulator. PDD Holdings is trading attractively compared to its historical ranges, with analyst targets set at $144.59.