About Pinduoduo
Pinduoduo is a company based in Shanghai (China) founded in 2015. Pinduoduo has raised $3.22 billion across 7 funding rounds from investors including Tencent, HongShan and Banyan Capital. Pinduoduo operates in a competitive market with competitors including Tridge, Meicai, Consentio, Yonghui Caishixian Development and YMT.com, among others.
- Headquarter Shanghai, China
- Stage Public
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Sectors
RetailAgriculture
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Email
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Phone
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Website
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Social
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- Legal Name Pdd Holdings Inc. Sponsored Adr Class A
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Annual Revenue
$54.72 B (USD)56.57as on Dec 31, 2024
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Net Profit
$15.62 B (USD)84.4as on Dec 31, 2024
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EBITDA
$15.43 B (USD)80.46as on Dec 31, 2024
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Total Equity Funding
$3.22 B (USD)
in 7 rounds
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Latest Funding Round
$500 M (USD), Post-IPO
Dec 21, 2020
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Investors
Tencent
& 6 more
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Employee Count
Not available
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IPO & Listings of Pinduoduo
Pinduoduo is a publicly listed company on the NASDAQ with ticker symbol PDD in USA, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Funding Insights of Pinduoduo
Pinduoduo has successfully raised a total of $3.22B across 7 strategic funding rounds. The most recent funding activity was a Post-IPO round of $500 million completed in December 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Pinduoduo
Pinduoduo has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Tencent, HongShan and Banyan Capital.
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Global private equity investments are managed with long-term focus.
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Investor details for Pinduoduo
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Investments & Acquisitions by Pinduoduo
Investment portfolio details for Pinduoduo
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Financial Statements - Pinduoduo
Detailed financials for Pinduoduo
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Pinduoduo Comparisons
Peer comparison for Pinduoduo
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Competitors of Pinduoduo
Pinduoduo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tridge, Meicai, Consentio, Yonghui Caishixian Development and YMT.com, among others.
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Farm products are traded via an online B2B marketplace.
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Multi-category farm products are supplied via an online B2B platform.
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App-based B2B marketplace for fruits and vegetables is operated.
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eDistributor of fruits & vegetables
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Agro products are traded through an online B2B marketplace.
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Detailed competitors of Pinduoduo
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Latest news on Pinduoduo
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Frequently Asked Questions about Pinduoduo
Pinduoduo was founded in 2015.
Pinduoduo is headquartered in Shanghai, China.
Lei Chen is the current CEO of Pinduoduo.
Pinduoduo is a funded company, having raised a total of $3.22B across 7 funding rounds to date.
Annual revenue of Pinduoduo is $54.72B as on Dec 31, 2024.
Founded in 2015 and based in Shanghai, China, Pinduoduo functions as an e-commerce platform centered on group buying. Multi-category items, such as food, cosmetics, and baby care products, are offered via collaborative deals. Users are connected through social networks to form purchasing groups, supporting operations in the consumer goods sector across digital channels.
Yes, Pinduoduo is publicly traded on NASDAQ under the ticker symbol PDD.
Pinduoduo has 7 investors. Key investors include Tencent, HongShan, Banyan Capital, NH Fund, and IDG Capital.
The ticker symbol of Pinduoduo is PDD on NASDAQ.