Pinduoduo

Shanghai, China Founded: 2015 • Age: 11 yrs
Online group buying platform offering multi-category products
Annual revenue $54.7B Latest available
Total funding $3.2B 7 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Retail
    Agriculture
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Pdd Holdings Inc. Sponsored Adr Class A
Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Agriculture → Agricultural Technology & Innovation Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $54.72 B (USD)
    56.57
    as on Dec 31, 2024
  • Net Profit
    $15.62 B (USD)
    84.4
    as on Dec 31, 2024
  • EBITDA
    $15.43 B (USD)
    80.46
    as on Dec 31, 2024
  • Total Equity Funding
    $3.22 B (USD)

    in 7 rounds

  • Latest Funding Round
    $500 M (USD), Post-IPO

    Dec 21, 2020

  • Investors
    Tencent

    & 6 more

  • 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.

Exchange: NASDAQ · Ticker: PDD · Sector: Retail trade · USA

People of Pinduoduo

Headcount 1000-5000
Employee Profiles 4
Board Members and Advisors 6
Employee Profiles
People
Xin Yi Lim
Executive Director, Sustainability And Agricultural Impact

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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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Growth stage companies are targeted for private equity investments.
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Venture capital firm
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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

Investments
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Investment portfolio details for Pinduoduo

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Financial Statements - Pinduoduo

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Detailed financials for Pinduoduo

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  • Profit trends
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Pinduoduo Comparisons

Pinduoduo Primary company
Description
Online group buying platform offering multi-category product...
Location
Shanghai, China
Founded Year
2015
Annual Revenue
$54.72 B (USD)
Net Profit
$15.62 B (USD)
EBITDA
$15.43 B (USD)
Employees
Not available
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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.

Company Name Domain Founded year HQ Location Description
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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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Complete news archive for 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.

Pinduoduo's top competitors include Tridge, YMT.com and Meicai.

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.

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