Value investor Duan Yongping replied to an investor's question on the Xueqiu platform on September 28, saying that Pinduoduo (PDD) is "just really too cheap, with the cash flow right there."

The investor referenced Duan's earlier remarks in a 26-year strategy interview, where Duan noted that PDD could be counted as one of his 20 lifetime investment cases, but it was a venture capital investment and not something he fully understood. The investor asked whether Duan's recent accumulation of PDD shares was due to a better understanding of the company or other reasons.

Duan responded with a single sentence, emphasizing that the undervaluation and solid cash flow are the key factors. The post sparked widespread discussion on Xueqiu, receiving 17 reposts and 9 comments. Duan Yongping is a renowned value investor known for successful bets on NetEase and Apple. His assessment of PDD aligns with his long-held belief that "cheap is the ultimate rationale."