PDD Holdings Inc (PDD Holdings) is a multinational commerce group that owns and operates a diverse portfolio of businesses. The company provides an e-commerce platform, which offers a wide selection of merchandise and promotes an interactive shopping experience through its innovative team purchase model. PDD Holding also operates Temu, an online platform dedicated to providing affordable, quality products to consumers. The company services are utilized by a broad range of customers including individual consumers and smallholder farmers. PDD Holdings is headquartered in Dublin, Ireland.
Headquarters
Ireland
Address
First Floor, 25 St Stephen's Green, Dublin, D02XF99
Website
www.pddholdings.com
Telephone
353 1 5397938
No of Employees
12,992
Industry
Retailing
Ticker Symbol & Exchange
PDD (NASD)
Revenue (2022)
$35.0B
89.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
90.3%
(2022 vs 2021)
Market Cap*
$164.9B
Net Profit Margin (2022)
XYZ
0.3%
(2022 vs 2021)
* As of and is in US$
Products and Services
| Products | Services |
|---|---|
| E-Commerce Platform | Selling and Buying of Products |
| Mobile Platform |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | New Products/Services | In July, the company launched a cross border e-commerce platform, Temu. |
| 2023 | Corporate Changes/Expansions | In July, Temu extended its global expansion in South Korea. |
| 2023 | Corporate Changes/Expansions | In May, the company relocated its headquarters from Shanghai to Dublin. |
Competitor Comparison
| Key Parameters | PDD Holdings Inc | Golden Eagle Retail Group Ltd | Parkson Retail Group Ltd | Hangzhou Onechance Tech Corp |
|---|---|---|---|---|
| Headquarters | Ireland | China | China | China |
| City | Dublin | Nanjing | Shanghai | Hangzhou |
| State/Province | - | Jiangsu | Shanghai | Zhejiang |
| No. of Employees | 12,992 | 2,015 | 3,826 | 2,174 |
| Entity Type | Public | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Lei Chen | Co- Chief Executive Officer; Chairman | Executive Board | 2021 | 43 |
| Zhao Jiazhen | Director; Co-Chief Executive Officer | Executive Board | 2023 | 39 |
| Junyun Xiao | Senior Vice President - Operations | Senior Management | 2016 | 43 |
| Zhenwei Zheng | Senior Vice President - Product Development | Senior Management | 2016 | 39 |
| Jun Liu | Vice President - Finance | Senior Management | 2022 | 40 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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