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PDD Holdings Inc (PDD Holdings) is a multinational commerce company that operates online marketplace platforms connecting merchants and consumers through digital commerce services. The company provides e-commerce platforms that enable third-party merchants to sell products and offers services such as online marketing, transaction processing, and merchant support solutions. PDD also operates platforms including Pinduoduo and Temu that facilitate the sale of consumer goods, agricultural products, and everyday merchandise through digital marketplaces. The company caters to consumers, merchants, and manufacturers across retail and agriculture sectors through its online commerce ecosystem. It operates in Asia, Europe, and North America. 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
25,474
Industry
Retailing
Ticker Symbol & Exchange
PDD (NASD)
Revenue (2024)
$60.1B
9.7%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-11.6%
(2024 vs 2023)
Market Cap*
$136.3B
Net Profit Margin (2024)
XYZ
-19.4%
(2024 vs 2023)
* As of and is in US$
Products and Services
| Products | Services | Brands |
|---|---|---|
| Pinduoduo | Platform Support | Temu |
| Duo Duo Grocery | Online Services | Pinduoduo |
| Temu |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | New Products/Services | In September, the company extended its free delivery service in Hong Kong. |
| 2025 | Contracts/Agreements | In April, Temu signed a memorandum of understanding with DHL Group to deepen its partnership and support SMEs in Eastern Europe and the Middle East through compliant trade and sustainable practices. |
| 2024 | New Products/Services | In June, the company launched an automated price-tracking system for merchants. |
Competitor Comparison
| Key Parameters | PDD Holdings Inc | Otto GmbH & Co KG | Zalando SE | Amazon UK Services Ltd | Allegro.eu SA |
|---|---|---|---|---|---|
| Headquarters | Ireland | Germany | Germany | United Kingdom | Luxembourg |
| City | Dublin | Hamburg | Berlin | London | Luxembourg |
| State/Province | - | Hamburg | Baden-Wurttemberg | England | - |
| No. of Employees | 25,474 | 36,304 | 15,309 | 64,733 | 6,090 |
| Entity Type | Public | Private | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Lei Chen | Chairman; Co- Chief Executive Officer | Executive Board | 2023 | - |
| Jiazhen Zhao | Co-Chairman; Co-Chief Executive Officer | Executive Board | 2023 | - |
| Junyun Xiao | Senior Vice President - Operations | Senior Management | 2016 | - |
| Zhenwei Zheng | Senior Vice President - Product Development | Senior Management | 2016 | - |
| Jun Liu | Vice President - Finance | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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