PDD is an interesting company with fantastic numbers that the speaker owns, but due to volatility, competition, and disclosure difficulties, he is not eager to buy more and uses it mainly to understand MercadoLibre.

Um and C Limited is sort of going into the same direction which is where you see the take rate over time um increasing. It's a company that I find very interesting. Um after our podcast on it I bought it.

Um I built a position. Um since then I think it has also performed quite well although it's you know pretty volatile so I wouldn't be surprised at all if if we see completely completely different prices again um in the future

I think to me um if I look at it let's see where we coming from I think bought it like 80 to 90 something like that um wasn't March it could have been in March that we actually pitched it um which is I think it's about 50% so we actually I didn't realize that we caught the bottom um with the pitch interesting.

But again, it's a volatile stock. It could change quickly. Um,

yeah, I I I'm not falling over myself to to own it, but uh it's one of those that I really enjoy keeping an eye on, if anything, to inform uh help inform my understanding of our Marcato Libre investment.

Yeah. Yeah. I think it's um it's it's also a bad which kind of makes it more difficult on a part of the world that is way more competitive. We've seen that with a lot of other companies that we covered in in Asia.

Um, so you're further away, it's more competitive. Um, that never helps. And if then the disclosures are a bit more difficult, um, or not as good to some extent, um, it doesn't add a lot of certainty, um, to your decision-m, but I think generally it's a it's a cheap company with fantastic numbers.

Um, and obviously all the benefits that could come through AI and robotics that also apply to Amazon and Mac Libra would also apply to um, to Simon. It's generally an industry that I that I sort of liked um when it was a bit bit more disliked or a bit less popular um for the general market.