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
*********
- Legal Name Pdd Holdings Inc. Sponsored Adr Class A
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Annual Revenue
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Net Profit
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EBITDA
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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
Employee Count
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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.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Post-IPO — $500.0M
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First Round
First Round
(01 May 2015)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Post-IPO - Pinduoduo | Valuation |
investors |
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| Mar, 2020 | Amount | Post-IPO - Pinduoduo | Valuation |
investors |
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| Sep, 2019 | Amount | Post-IPO - Pinduoduo | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Growth stage companies are targeted for private equity investments.
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Founded Year | Domain | Location | |
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Venture capital firm
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Founded Year | Domain | Location | |
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Global private equity investments are managed with long-term focus.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Pinduoduo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Pinduoduo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pinduoduo Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Farm products are traded via an online B2B marketplace.
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| domain | founded_year | HQ Location |
Multi-category farm products are supplied via an online B2B platform.
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| domain | founded_year | HQ Location |
App-based B2B marketplace for fruits and vegetables is operated.
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| domain | founded_year | HQ Location |
eDistributor of fruits & vegetables
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| domain | founded_year | HQ Location |
Agro products are traded through an online B2B marketplace.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Pinduoduo
Frequently Asked Questions about Pinduoduo
When was Pinduoduo founded?
Pinduoduo was founded in 2015.
Where is Pinduoduo located?
Pinduoduo is headquartered in Shanghai, China.
Who is the current CEO of Pinduoduo?
Lei Chen is the current CEO of Pinduoduo.
Is Pinduoduo a funded company?
Pinduoduo is a funded company, having raised a total of $3.22B across 7 funding rounds to date. The company's 1st funding round was a Post-IPO of $875M, raised on May 01, 2015.
What does Pinduoduo do?
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.
Who are the top competitors of Pinduoduo?
Is Pinduoduo publicly traded?
Yes, Pinduoduo is publicly traded on NASDAQ under the ticker symbol PDD.
Who are Pinduoduo's investors?
Pinduoduo has 7 investors. Key investors include Tencent, HongShan, Banyan Capital, NH Fund, and IDG Capital.
What is Pinduoduo's ticker symbol?
The ticker symbol of Pinduoduo is PDD on NASDAQ.
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