Is it risky to buy Yuetao's stock?

As far as the risk of taking a stake in Yuetao is concerned, it is actually impossible to debate it in detail. After all, no matter what industry you invest in, there are certain risks. We never know what will happen in the next second, especially the financial industry is changeable and uncontrollable. But then we can carefully analyze the future prospects of Letao, hoping to help consumers who have already invested.

First, we must first understand what Yuetao APP is.

Yuetao APP is a social e-commerce platform with high-quality products and members, and is committed to the beautiful experience of exquisite life. Set shopping, hotels, tourism, refueling in one. As of March 2020, the number of App downloads exceeded 50 million. Yuetao has been committed to providing all kinds of goods and services throughout the network. Access platforms such as Taobao, Tmall, JD.COM, Pinduoduo, Hungry, and Public Comment, and issue massive coupons to provide users with preferential consumption in the fields of shopping, catering, leisure, entertainment, and life services anytime and anywhere, so that users can share benefits in social activities, improve their quality of life, and help more people to start businesses easily.

Second, Yuetao has always been a service concept.

Yuetao will make long-term efforts to save every online shopping fee for hundreds of millions of families and create a healthy, environmentally friendly, frugal and green new lifestyle. With the development of e-commerce industry getting better and better, the inevitable industry competition is getting bigger and bigger. For small and medium-sized sellers, the pressure is increasing due to various reasons such as traffic resources and supply chain. However, Letao has broken this situation, considering from the perspective of consumers, making the main force of rational consumption the largest group of Letao.

According to the disclosed data, Yuetao entered the social e-commerce track in the second half of 20 17, and now it has more than 3 million paid members in less than three years. In the future, it will gradually cover more life scenes, expand the scope of users' rights and interests, and make Yuetao an indispensable part of users' lives. The above analysis of the advantages and disadvantages of Letao APP is appropriate, and there are some reference suggestions for the small partners who have invested in Letao. But in any case, investing in Letao is risky and needs to be evaluated according to its own economic strength.