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
- SectorsRetailAgriculture
- Email••••••••
- Website pinduoduo.com
- Social X Facebook
- Legal Name Pdd Holdings Inc. Sponsored Adr Class A
- Annual Revenue$60.07 B (USD)9.78as on Dec 31, 2025
- Net Profit$13.61 B (USD)-12.88as on Dec 31, 2025
- EBITDA$13.37 B (USD)-13.37as on Dec 31, 2025
- Total Equity Funding$3.22B (USD)
in 7 rounds
- Latest Funding Round$500M (USD), Post-IPO
Dec 2020
- InvestorsTencent
& 6 more
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 $3.22B
- Total Rounds 7
- Last Round Post-IPO — $500M
- First Round $8M
(May 2015)
- Investors Count 7
All 7 funding rounds of Pinduoduo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2020 | $500M | Post-IPO | – | – | – |
| Mar 2020 | $1.1B | Post-IPO | – | – | |
| Sep 2019 | $875M | Post-IPO | – | – | – |
| Apr 2018 | $3B | Series D | – | Tencent | |
| Apr 2017 | $100M | Series C | – | – | – |
| Jul 2016 | $110M | Series B | – | Banyan, New Horizon Capital | – |
| May 2015 | $8M | Series A | – | Banyan | – |
7 investors in total: 7 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Growth stage companies are targeted for private equity investments. | – | nhfund.com | Hong Kong, China | |
Venture capital firm | – | idgcapital.com | New York, United States | |
Global private equity investments are managed with long-term focus. | – | hillhouseinvestment.com | New York, United States | |
Boyu Capital is recognized as a leading alternative asset management firm. | – | boyucapital.com | Hong Kong, China | |
Value-added internet, mobile, and telecom services are provided in China. | 1998 | tencent.com | Shenzhen, China | |
HongShan is engaged in venture capital investments for innovative companies. | – | hongshan.com | Hong Kong, China | |
Investment management services are offered by Banyan in Delhi, India. | – | banyan-capital.com | Delhi, India |
Investor details for Pinduoduo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Investor portfolios
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People of Pinduoduo
10 people are tracked at Pinduoduo (2 in leadership, 6 in board & advisors, 2 in team).
| Name | Role | Group |
|---|---|---|
Lei Chen | CEO | Leadership |
Xin Yi Lim | Executive Director, Sustainability And Agricultural Impact | Leadership |
Nanpeng Shen | Independent Director | Board & advisors |
Anthony Kam Ping Leung | Independent Director | Board & advisors |
Haifeng Lin | Director | Board & advisors |
George Yong-Boon Yeo | Independent Director | Board & advisors |
Qi Lu | Independent Director | Board & advisors |
Ivonne M.C.M. Rietjens | Independent Director | Board & advisors |
Junyun Xiao | SVP, Operations | Team |
Jianchong Zhu | SVP, General Counsel | Team |
Complete people profiles for Pinduoduo
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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.
- IPO date26 Jul 2018
- Listed onNASDAQ: PDD
- Listed entityPDD Holdings Inc. Sponsored ADR Class A
- Exchange sectorRetail trade
- ISINUS7223041028
- Share price$81.35 (+3.95% on the day) · 2026-10-09
- Market capitalisation$115.79B
- Price to earnings9.0
- EPS (diluted, trailing year)$9.02
- Volume (last session)7,164,383
Financials of Pinduoduo
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $60.07B | $13.61B | $13.37B |
| 2024 | $54.72B | $15.62B | $15.43B |
| 2023 | $34.95B | $8.47B | $8.55B |
| 2022 | $19.39B | $4.68B | $4.92B |
| 2021 | $14.57B | $1.20B | $1.36B |
Detailed financial statements for Pinduoduo
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Timeline of Pinduoduo
4 dated milestones of Pinduoduo across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Pinduoduo is founded.
- Funding First funding round of $8.0M.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $500.0M.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tridge.com | 2015 | Seoul, South Korea | $121.36M | – | Farm products are traded via an online B2B marketplace. | |
| meicai.cn | 2014 | Beijing, China | $1.3B | – | Multi-category farm products are supplied via an online B2B platform. | |
| consentio.co | 2016 | Barcelona, Spain | $5.22M | – | App-based B2B marketplace for fruits and vegetables is operated. | |
| freshfood.cn | 2015 | Beijing, China | $153M | – | eDistributor of fruits & vegetables | |
| ymt.com | 2011 | Beijing, China | $20M | – | Agro products are traded through an online B2B marketplace. | |
| lashou.com | 2010 | Beijing, China | $161M | – | Location based daily-deals & group buying portal | |
| farmlink.cn | 2014 | Beijing, China | $39M | – | Serves as an online supplier of groceries and food items to restaurants. | |
| decxagri.com | 2015 | Beijing, China | $10M | – | Omnichannel retailing of sesame and food products is provided. | |
| songxiaocai.com | 2015 | Hangzhou, China | $62.61M | – | Operates an online B2B marketplace for trading agricultural products. |
Detailed competitors of Pinduoduo
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Pinduoduo
The website of Pinduoduo (pinduoduo.com) receives about 13.6M visits a month.
- Monthly visits13.6M
▼ 5.1% vs previous month
Websites whose visitors overlap most with Pinduoduo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| taobao.com | 100% | 187.6M | #129 | View details | |
| jd.com | 88% | 79.4M | #314 | View details | |
| 1688.com | 85% | 32.6M | #892 | View details | |
temu.com | temu.com | 83% | – | #27 | – |
| alibaba.com | 82% | 171.9M | #199 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Pinduoduo
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- 40 similar websites
- Audience overlap
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- Traffic by brand
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Latest news on Pinduoduo
Complete news archive for Pinduoduo
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Pinduoduo
10 companies that operate in the same segment as Pinduoduo (Food & Grocery Retail), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Meal recipe kits are delivered through a weekly subscription service. | 2011 | Berlin, Berlin, Germany | USD 367.28 M | – | – | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
Personal and household products are delivered via an e-commerce platform. | 2011 | Bengaluru, Karnataka, India | USD 943.07 M | – | – | |
Instant delivery of groceries and essentials is facilitated online. | 2013 | Gurugram, Haryana, India | USD 757.12 M | – | – | |
Multi-category products are delivered quickly through an online platform. | 2020 | Bengaluru, Karnataka, India | USD 2.3 B | USD 344.05 K | 100 | |
Organic groceries are offered through an online membership platform. | 2013 | Los Angeles, California, United States | USD 332.18 M | – | – | |
Online marketplace platform offering multi-category grocery products | 2012 | San Francisco, California, United States | USD 2.93 B | USD 3.74 B | 3,270 | |
Platform offering food and grocery delivery services | 2013 | London, England, United Kingdom | USD 2.95 B | USD 2.59 B | 3,960 |
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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. The company's 1st funding round was a Series A of $8M, raised on May 2015.
Annual revenue of Pinduoduo is $60.07B as on Dec 31, 2025.
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 website of Pinduoduo receives about 13.6 million visits a month.