PDD Holdings (PDD) Stock Price

PDD Holdings Price

NASDAQ·CLOSED
595.58CNY-8.99 (-1.50 %)
Market closed

Over the last 9 years PDD Holdings grew revenue by 111.7% annually, reaching 431.85 B CNY. Earnings per share have grown at 87.4% per year over the last 4 years. For PDD Holdings, the net margin of 23.0% is up versus 8.3% a few years ago. The consensus 12-month price target for PDD Holdings is 1,009.81 CNY, about 69.6% above where the stock trades today. Of 43 analysts, 31 rate the stock a buy — an overall Buy consensus. The stock trades about 13% above its 52-week low.

PDD Holdings stock price

Volume
Details

Stock Price

ⓘ

How to Read This Chart

This chart tracks the historical stock price of PDD Holdings over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how PDD Holdings stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing PDD Holdings's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

PDD Holdings Stock Price History
DatePDD Holdings Price
8/21/2026595.58 CNY
8/20/2026604.57 CNY
8/19/2026603.62 CNY
8/18/2026584.73 CNY
8/14/2026572.56 CNY
8/13/2026568.37 CNY
8/12/2026601.24 CNY
8/10/2026624.86 CNY
8/7/2026620.33 CNY
8/6/2026613.85 CNY
8/5/2026612.68 CNY
8/4/2026614.77 CNY
8/3/2026608.75 CNY
7/31/2026597.90 CNY
7/30/2026590.66 CNY
7/28/2026580.37 CNY
7/24/2026559.79 CNY
7/23/2026563.96 CNY
7/22/2026566.15 CNY
6/22/2026529.18 CNY
6/18/2026538.75 CNY
6/17/2026539.81 CNY
6/16/2026551.26 CNY
6/15/2026564.55 CNY
6/12/2026551.54 CNY
6/11/2026551.00 CNY
6/10/2026554.80 CNY
6/5/2026575.55 CNY
6/4/2026581.74 CNY
6/3/2026578.11 CNY
6/2/2026596.33 CNY
6/1/2026590.18 CNY
5/29/2026571.39 CNY
5/28/2026562.93 CNY
5/27/2026587.40 CNY
5/26/2026655.72 CNY
5/22/2026642.29 CNY
5/21/2026665.19 CNY
5/20/2026667.69 CNY
5/19/2026662.51 CNY
5/14/2026653.76 CNY
5/12/2026651.71 CNY
5/11/2026672.45 CNY
5/8/2026672.92 CNY
5/6/2026700.18 CNY
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PDD Holdings Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

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  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
247.64 B CNY
58.70 B CNY
60.03 B CNY
Jan 1, 2024
393.84 B CNY
108.42 B CNY
112.43 B CNY
Jan 1, 2025
431.85 B CNY
94.62 B CNY
99.36 B CNY
Jan 1, 2026 (e)
482.60 B CNY
125.33 B CNY
415.70 B CNY
Jan 1, 2027 (e)
541.33 B CNY
140.58 B CNY
499.00 B CNY
Jan 1, 2028 (e)
596.71 B CNY
154.97 B CNY
594.29 B CNY
Jan 1, 2029 (e)
653.41 B CNY
169.69 B CNY
545.28 B CNY
Jan 1, 2030 (e)
660.65 B CNY
130.19 B CNY
723.75 B CNY

PDD Holdings Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 24, 2026, 11:31 PM
 
REVENUEB CNY
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB CNY
EBITB CNY
EBIT MARGIN%
NET INCOMEB CNY
NET INCOME GROWTH%
SHARESB
20162017201820192020202120222023202420252026e2027e2028e2029e2030e2031e
0.511.7413.1230.1459.4993.95130.56247.64393.84431.85482.60541.33596.71653.41660.65673.27
–245.35652.29129.7397.3857.9238.9789.6859.049.6511.7512.1710.239.501.111.91
-14.4658.5477.8578.9767.6066.2475.9062.9660.9256.2856.2856.2856.2856.2856.2856.28
-0.071.0210.2123.8040.2162.2399.10155.92239.94243.04271.61304.66335.83367.74371.81378.92
-0.29-0.59-10.80-8.54-9.386.9030.4058.70108.4294.62125.33140.58154.97169.69130.19–
-56.63-33.60-82.31-28.33-15.777.3423.2923.7027.5321.9125.9725.9725.9725.9719.71–
-0.32-0.50-10.30-6.97-7.187.7731.5460.03112.4499.36415.70499.00594.29545.28723.75752.18
–54.971,963.53-32.343.04-208.20306.0090.3387.31-11.63318.3620.0419.10-8.2532.733.93
4.434.432.974.634.775.715.765.845.925.935.935.935.935.935.935.93
Details

Income Statement Key Figures

ⓘ

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales PDD Holdings generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue PDD Holdings retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare PDD Holdings's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares PDD Holdings has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against PDD Holdings's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

PDD Holdings stock margins

The PDD Holdings margin analysis displays the gross margin, EBIT margin, as well as the profit margin of PDD Holdings. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for PDD Holdings.

  • 3 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
66.24 %
7.34 %
8.27 %
Jan 1, 2022
75.90 %
23.29 %
24.16 %
Jan 1, 2023
62.96 %
23.70 %
24.24 %
Jan 1, 2024
60.92 %
27.53 %
28.55 %
Jan 1, 2025
56.28 %
21.91 %
23.01 %
Jan 1, 2026 (e)
56.28 %
25.97 %
86.14 %
Jan 1, 2027 (e)
56.28 %
25.97 %
92.18 %
Jan 1, 2028 (e)
56.28 %
25.97 %
99.59 %

PDD Holdings Stock Revenue, EBIT, Earnings per Share

The PDD Holdings earnings per share therefore indicates how much revenue PDD Holdings has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
16.44 CNY
1.21 CNY
1.36 CNY
Jan 1, 2022
22.66 CNY
5.28 CNY
5.47 CNY
Jan 1, 2023
42.41 CNY
10.05 CNY
10.28 CNY
Jan 1, 2024
66.56 CNY
18.33 CNY
19.00 CNY
Jan 1, 2025
72.83 CNY
15.96 CNY
16.76 CNY
Jan 1, 2026 (e)
81.39 CNY
21.14 CNY
70.11 CNY
Jan 1, 2027 (e)
91.29 CNY
23.71 CNY
84.15 CNY
Jan 1, 2028 (e)
100.63 CNY
26.13 CNY
100.22 CNY

PDD Holdings business model & stock analysis

Pinduoduo Inc. is an internet company that was founded in 2015 by Colin Huang, a former Google engineer and entrepreneur. The company is based in Shanghai and specializes in e-commerce. Pinduoduo has become one of the largest online sales platforms in China within a few years and had over 788 million active customers in 2020. Pinduoduo's business model is based on a social shopping experience. Customers can search for and purchase products on the platform by sending invitations to friends and family to join them. These individuals can also purchase products and receive quantity discounts based on the number of people who join the group. Through this social concept, Pinduoduo allows its customers to buy products at a lower price and thus strengthens the relationship between buyers and sellers. Pinduoduo offers a wide range of products, including clothing, electronics, food, household items, and beauty products. The company has also built its own brand that is sold on the platform. The company focuses on selling products directly to end consumers and collaborates with farmers, factories, and small retailers to offer high-quality products at affordable prices. Pinduoduo's business model relies on multiple areas of business. The company earns money through the sale of advertising on its platform by allowing retailers to highlight their products. Pinduoduo also provides financial services such as e-loans and insurance to help sellers and buyers on the platform. The company has also built its own shipping centers and logistics networks to expedite product delivery. One of Pinduoduo's key strategies is expanding its reach by tapping into new markets and introducing new categories of products. Pinduoduo has developed a dedicated local e-commerce platform for rural areas to make online shopping more accessible and convenient in rural areas. The company has also provided a mobile development platform for developers to integrate new applications and features on the platform. Pinduoduo has experienced high demand for its services during the COVID-19 pandemic as people in China increasingly shop online and retailers on the platform can quickly and safely deliver their products. The company has also launched a range of initiatives in recent months to support small businesses affected by the pandemic, such as grants and free platform usage fees. Overall, Pinduoduo has become a rapidly growing e-commerce company that focuses on providing high-quality products at competitive prices. The company has also established itself as a leader in innovation and adapting to the changing needs of consumers.

PDD Holdings SWOT Analysis

Strengths

Pinduoduo Inc has experienced significant growth in the Chinese market due to its unique business model that combines social networking with e-commerce.

The company has a large and engaged user base, with a focus on tier-three and lower-tier cities, which provides access to a large untapped market in China.

Pinduoduo benefits from a low-cost model that allows it to offer products at attractive prices, appealing to price-sensitive consumers.

Weaknesses

As a relatively young company, Pinduoduo lacks the global brand recognition enjoyed by its competitors.

The company's heavy reliance on its WeChat platform exposes it to potential changes in policies or regulations by WeChat's owner, Tencent.

Pinduoduo faces challenges related to product quality control on its platform, which can lead to negative customer experiences and erode trust.

Opportunities

The continued growth of e-commerce in China presents an opportunity for Pinduoduo to capture more market share.

Expansion into international markets could help Pinduoduo diversify its revenue streams and reduce its dependence on the Chinese market.

The company could leverage emerging technologies like artificial intelligence and big data to enhance its recommendation algorithms and provide an even better user experience.

Threats

Intense competition from established e-commerce giants in China, such as Alibaba and JD.com, poses a threat to Pinduoduo's market position.

Changes in government regulations or economic policies could impact the company's operations and growth prospects.

Counterfeit and low-quality products sold on Pinduoduo's platform could harm its reputation and lead to legal issues.

PDD Holdings Employees

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

PDD Holdings Employees
Details
Date
PDD Holdings Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

PDD Holdings Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

PDD Holdings historical P/E ratio, EBIT multiple, and P/S ratio

PDD Holdings annual returns

Details

Annual Return

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What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

PDD Holdings shares outstanding

The number of shares of PDD Holdings was 5.93 B in 2025. This indicates how many shares PDD Holdings is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

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  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
5.71 B Stocks
Jan 1, 2022
5.76 B Stocks
Jan 1, 2023
5.84 B Stocks
Jan 1, 2024
5.92 B Stocks
Jan 1, 2025
5.93 B Stocks
Jan 1, 2026 (e)
5.93 B Stocks
Jan 1, 2027 (e)
5.93 B Stocks
Jan 1, 2028 (e)
5.93 B Stocks

Current PDD Holdings forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
74.42 % (32)
Hold
23.26 % (10)
Sell
2.33 % (1)
12M Price Target
0.00
Last Price
595.58
Currency
CNY
12M Return Potential
-100.00 %
LTM Return
0 %

PDD Holdings Analyst Rating Actions

DateFirmActionRatingReliability
6/24/2026
Daiwa Capital
Daiwa Capital
DowngradeBuyHold–
6/23/2026
Daiwa Capital
Daiwa Capital
DowngradeBuyHold–
5/28/2026
Macquarie
Macquarie
DowngradeOutperformNeutral75
5/28/2026
Bernstein
Bernstein
MaintainedMarket Perform55
5/28/2026
Benchmark
Benchmark
MaintainedBuy72
5/28/2026
Barclays
Barclays
DowngradeOverweightEqual Weight56
5/27/2026
Citigroup
Citigroup
MaintainedBuy43
1/6/2026
Freedom Capital Markets
Freedom Capital Markets
MaintainedBuy–
1/6/2026
Freedom Broker
Freedom Broker
MaintainedBuy–
11/19/2025
B of A Securities
B of A Securities
MaintainedNeutral66

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

PDD Holdings Earnings Calls

2025

PDD Holdings Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
8/24/202618.40CNY-117.51 BCNY-2026 Q2
5/25/202616.80CNY-110.43 BCNY-2026 Q1
3/18/202621.05CNY-125.74 BCNY-2025 Q4
11/18/202517.01CNY-109.49 BCNY-2025 Q3
11/26/202419.98CNY-103.67 BCNY-2024 Q3
5/24/20247.44CNY-68.24 BCNY-2024 Q1
3/18/202411.01CNY-78.22 BCNY-2023 Q4
11/27/20237.77CNY-41.99 BCNY-2023 Q3
8/28/20236.37CNY-38.52 BCNY-2023 Q2
5/25/20234.04CNY-29.84 BCNY-2023 Q1

EESG©

Eulerpool ESG Scorecard© for the PDD Holdings stock

30/100
28
Environment
33
Social
28
Governance
E

Environment

20
Scope 1 - Direct Emissions—
Scope 2 - Indirect emissions from purchased energy—
Scope 3 - Indirect emissions within the value chain—
Total CO₂ emissions—
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees—
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees—
Black Management Share—
Percentage of white employees—
White Management Share—
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

PDD Holdings shareholder structure

% Name
0.66460%
BLACKROCK, INC.
BLACKROCK, INC.
0.55062%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
0.52335%
Baillie Gifford & Co.
Baillie Gifford & Co.
0.47816%
BAILLIE GIFFORD & CO
BAILLIE GIFFORD & CO
0.40687%
VANGUARD CAPITAL MANAGEMENT LLC
VANGUARD CAPITAL MANAGEMENT LLC
0.38600%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
...

PDD Holdings Beneficial Ownership Filings (SEC 13D/G)

Free Float
97.5%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
44.60%
Zheng Huang
Zheng Huang
SEC ↗
44.60%
Steam Water Limited
Steam Water Limited
SEC ↗
30.90%
Tencent Holdings Limited
Tencent Holdings Limited
SEC ↗
29.40%
Tencent Mobility Limited
Tencent Mobility Limited
SEC ↗
16.64%
Banyan Partners II Ltd.
Banyan Partners II Ltd.
SEC ↗
11.90%
Pure Treasure Limited
Pure Treasure Limited
SEC ↗
8.40%
Walnut Street Management, Ltd.
Walnut Street Management, Ltd.
SEC ↗
7.70%
Qubit Partners L.P.
Qubit Partners L.P.
SEC ↗
7.70%
Qubit GP Limited
Qubit GP Limited
SEC ↗
7.70%
Quantum Dot Limited
Quantum Dot Limited
SEC ↗

PDD Holdings Executives and Management Board

9 members · avg. age 51 · 22 % women

Management

LC

Mr. Lei Chen (45)

Chairman of the Board, Co-Chief Executive Officer · since 2016

–
JZ

Mr. Jiazhen Zhao (41)

Co-Chief Executive Officer, Director · since 2023

–
JX

Mr. Junyun Xiao (45)

Senior Vice President - Operation · since 2016

–
ZZ

Mr. Zhenwei Zheng (41)

Senior Vice President - Product Development · since 2016

–
JL

Ms. Jun Liu (42)

Vice President - Finance

–

Board of Directors

HL

Mr. Haifeng Lin (48)

Director

–
PK

Mr. Ping Leung Kam (64)

Independent Director

–
IR

Ms. Ivonne Rietjens (66)

Independent Director

–
YY

Mr. Yong-Boon Yeo (70)

Independent Director

–

Frequently asked questions about PDD Holdings

Pinduoduo Inc is an e-commerce platform based in China. The company's business model focuses on the concept of "team purchase" or "social commerce." It combines online shopping with social networking, allowing users to form groups and enjoy greater discounts by purchasing products together. Pinduoduo's platform encourages users to share product recommendations and discounts with friends and family, creating a viral effect. With a large user base and extensive product offerings, Pinduoduo aims to provide consumers with affordable and value-for-money products. The company's innovative business model has contributed to its rapid growth and success in the Chinese e-commerce market.

Pinduoduo Inc is primarily active in the e-commerce industry.

The main competitors of Pinduoduo Inc in the market are e-commerce giants like Alibaba Group Holding Limited and JD.com Inc. These companies also operate in the Chinese market and offer a wide range of products and services, similar to Pinduoduo. However, Pinduoduo distinguishes itself by adopting a unique social commerce model that encourages group buying and social interaction among users. Despite facing strong competition, Pinduoduo has managed to carve out a significant market share and establish itself as a popular platform for value-conscious consumers in China.

Pinduoduo Inc is a Chinese e-commerce platform that was founded in 2015 by Colin Huang. Since its inception, the company has rapidly gained popularity in the Chinese market and has become one of the leading players in the online retail industry. Pinduoduo's business model revolves around the concept of social commerce, where users can join together to purchase products at discounted prices. The platform combines social networking and online shopping, allowing users to share product information, participate in group buying, and engage in interactive shopping experiences. With its innovative approach, Pinduoduo has successfully attracted a large user base and has experienced significant growth in a relatively short span of time.

Pinduoduo Inc, a leading e-commerce platform in China, has achieved several significant milestones. Since its establishment in 2015, the company quickly gained popularity, reaching a user base of over 600 million in just three years. In 2018, Pinduoduo went public on the NASDAQ, raising approximately $1.6 billion, making it one of the largest Chinese tech IPOs in the United States. The platform's unique model, combining social networking with online shopping, contributed to its rapid growth. Pinduoduo continues to innovate and expand its services, collaborating with global partners and investing in research and development to provide consumers with an enhanced online shopping experience.

Pinduoduo Inc is primarily present in China.

Pinduoduo Inc represents values of innovation, inclusiveness, and affordability. With a strong focus on customer satisfaction, the company aims to provide a platform that encourages collaboration and group buying, enabling users to enjoy high-quality products at lower prices. Pinduoduo's corporate philosophy centers around driving economic growth, contributing to sustainable development, and empowering small businesses. By fostering technology-driven solutions and embracing a customer-centric approach, Pinduoduo continues to revolutionize the e-commerce landscape in China. With its commitment to providing value to consumers and creating a more connected society, Pinduoduo Inc has become a prominent player in the online marketplace.

Analysts currently set an average price target of 1,006.40 CNY for the PDD Holdings stock (median: 1,009.81 CNY), implying +69.0 % versus the latest price. The consensus is based on 43 analyst ratings.

PDD Holdings Analyst Price Targets 2026

43 analysts currently rate the PDD Holdings stock: 32 recommend buying, 10 holding and 1 selling. For 2026, analysts expect PDD Holdings to generate revenue of 482.60 B CNY and earnings per share of 70.11 CNY.

PDD Holdings Analyst Price Targets 2026

Converted at the current exchange rate, the PDD Holdings share trades at 75.85 EUR (595.58 CNY).

The PDD Holdings share (PDD) is listed on 6 stock exchanges, including: NASDAQ (PDD), Frankfurt (9PDA), München (9PDA.MU), Düsseldorf (9PDA.DU), London (0A2S.L), SIX (Zürich) (9PDA.SW).

The Chinese e-commerce company Pinduoduo, founded in 2015, is a social commerce company that is built on the concept of group buying. Customers can buy products at a discounted price by forming groups through the Pinduoduo website or app. The more buyers decide to purchase, the greater the discount for everyone. The company offers a wide range of products, including electronics, clothing, food, and household goods. They also offer agricultural products, such as fruits and vegetables, and work closely with farmers to sell their products directly to consumers. One division of Pinduoduo is the "Duo Duo Grocery" platform, which offers customers various food and products at wholesale prices by purchasing directly from local producers. Another division is the "Pinduoduo Lite" marketplace, specifically designed for small and medium-sized businesses to sell their products online. In addition to the group buying model, which is the key feature of Pinduoduo, the company also offers a cashback system where customers can earn points for their purchases, which can be redeemed for discounts or gifts. Pinduoduo heavily focuses on its social commerce component, allowing users to share their purchases with others through social networks. There is also the option to share products through the group buying function on platforms like WeChat, in order to attract more group members. This has allowed the company to build a large user base, estimated to be over 700 million. Overall, the business model of Pinduoduo has two main advantages: firstly, the principle of reciprocity, which aims to provide buyers with the best price by forming groups, and secondly, the concept of social commerce based on recommendations and shared experiences from friends. Pinduoduo is a rapidly growing company and has become one of the leading e-commerce companies in China in just a few years. However, it faces tough competition, especially from companies like Alibaba and JD.com, which also target the Chinese e-commerce market. Nevertheless, Pinduoduo has opportunities to further expand its market share and play an important role in the Chinese e-commerce market.

The expected revenue of PDD Holdings is 482.60 B CNY. This figure is based on current financial data and reflects the company's business performance.

The expected profit of PDD Holdings is 415.70 B CNY. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of PDD Holdings is currently 8.50. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the PDD Holdings stock.

The price-to-sales ratio (P/S) of PDD Holdings is currently 7.32. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the PDD Holdings stock.

The Eulerpool Quality Score for PDD Holdings is 5/10.

The ISIN of PDD Holdings is US7223041028. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of PDD Holdings is A2JRK6. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of PDD Holdings is PDD. The ticker symbol is used to trade PDD Holdings shares on the stock exchange.

PDD Holdings paid dividends every year for the past 0 years.

PDD Holdings is assigned to the 'Cyclical consumption' sector.

The dividends of PDD Holdings are distributed in CNY.

All fundamentals and in-depth analysis of PDD Holdings

Our stock analysis for PDD Holdings stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of PDD Holdings. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

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