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PDDPDD Holdings Inc.

Revenue

Trailing-twelve-month (TTM) revenue is $62.73 Billion with a year-over-year growth of +12.36%. Revenue represents the total income generated from the company's primary business operations.

Revenue

PDD Revenue

$15.30B

Reported quarterly revenue; no daily interpolation.

+328.86% 5Y

PDD Quarterly Revenue Growth (YoY)

Revenue growth vs the same quarter one year earlier, last 20 quarters.

PDD Revenue by Segment

How PDD’s revenue breaks down across its reported segments in the latest reported fiscal year.

By product / business (FY 2025)

  • Online marketing services and othersCNY 217.78B50.4%
  • Transaction servicesCNY 214.06B49.6%

Shares are of reported segments and may not sum to total company revenue.

PDD Revenue by Product / Business (history)

How the revenue mix has shifted across the last 5 reported fiscal years. Bar height tracks total revenue.

Online marketing services and others · FY2021: CNY 72.6BTransaction services · FY2021: CNY 14.1BOther reported · FY2021: CNY 7.2BFY21Online marketing services and others · FY2022: CNY 102.7BTransaction services · FY2022: CNY 27.6BOther reported · FY2022: CNY 209MFY22Online marketing services and others · FY2023: CNY 153.5BTransaction services · FY2023: CNY 94.1BFY23Online marketing services and others · FY2024: CNY 197.9BTransaction services · FY2024: CNY 195.9BFY24Online marketing services and others · FY2025: CNY 217.8BTransaction services · FY2025: CNY 214.1BFY25
  • Online marketing services and others
  • Transaction services
  • Other reported

Bars in years without a matched total revenue show the share of reported segments only.

Revenue (TTM)

$62.73B

$62.73 Billion

Year-over-Year Growth

+12.36%

vs. $55.83B a year ago (TTM)

Revenue CAGR

+40.98%

5 Year compound annual growth rate

Revenue CAGR (Compound Annual Growth Rate)

1 Year

+12.36%

3 Year

+44.17%

5 Year

+40.98%

10 Year

N/A

15 Year

N/A

20 Year

N/A

CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.

Annual Revenue History

YearRevenueYoY Change% Change
2025$61.74B+$7.80B+14.45%
2024$53.94B+$19.06B+54.64%
2023$34.88B+$15.96B+84.36%
2022$18.92B+$4.13B+27.95%
2021$14.79B+$5.67B+62.23%
2020$9.11B+$4.79B+110.57%
2019$4.33B+$2.42B+126.90%
2018$1.91B+$1.64B+612.10%
2017$267.89M+$195.19M+268.48%

Revenue Growth Summary

TTM Growth

+12.36%

3-Year Avg Growth

+44.17%

5-Year Avg Growth

+40.98%

Data as of Friday, June 26, 2026

About PDD Holdings Inc.

PDD Holdings Inc., a multinational commerce group that owns and operates a portfolio of businesses. It operates Pinduoduo platform which provides various product categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverages, consumer electronics, electronic appliances, furniture and household goods, cosmetics and other personal care items, sports and fitness, and auto accessories; and Temu, an online platform, which enables merchants to streamline their manufacturing and commercial operations. The company was formerly known as Pinduoduo Inc. and changed its name to PDD Holdings Inc. in February 2023. PDD Holdings Inc. was incorporated in 2015 and is based in Dublin, Ireland.

Dublin
23,465 employees
Consumer Cyclical / Software - Services
Sector
Consumer Cyclical
Industry
Software - Services
CEO
Lei Chen