Company

Pinduoduo

Official Name: Pinduoduo Inc.

Headquarters: Shanghai, China

Employees: 7,986

CEO: Mr. Lei Chen

show_chart NASDAQ: PDD

Market Cap

$57.09 Billion

USD as of April 1, 2022

history Market Cap History

Pinduoduo market capitalization evolution

Evolution of Pinduoduo Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of Pinduoduo Inc.

Detailed Description

Pinduoduo Inc., through its subsidiaries, operates an e-commerce platform in the People's Republic of China. It operates Pinduoduo, a mobile platform that offers a range of products, including apparel, shoes, bags, mother and childcare products, food and beverage, fresh produce, electronic appliances, furniture and household goods, cosmetics and other personal care items, sports and fitness items, and auto accessories. The company was formerly known as Walnut Street Group Holding Limited and changed its name to Pinduoduo Inc. in July 2018. Pinduoduo Inc. was incorporated in 2015 and is headquartered in Shanghai, the People's Republic of China.

Wikipedia Introduction

Pinduoduo Inc. (Chinese: 拼多多; Pinyin: Pīn duōduō) is the largest agriculture-focused technology platform in China. It has created a platform that connects farmers and distributors with consumers directly through its interactive shopping experience. In 2019, nearly 12 million farmers supplied their fruits and vegetables to Pinduoduo users. It has pioneered several new trends including social commerce, and consumer-to-manufacturer (C2M)." As of December 31, 2020, Pinduoduo has generated RMB 1.67 trillion (USD $262 billion) gross merchandise value (GMV) in the last twelve months. The number of average monthly active users reached 724.6 million in the 1st quarter of 2021. For the 12 months ending on June 30, 2021, Pinduoduo's annual active buyers reached 849.9 million.

Source: Wikipedia, retrieved on March 31, 2022, 9:03 p.m.

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Product & Services

E-commerce, Agriculture

Key People

Lei Chen (Chairman and CEO)

Financials

Revenue: US$14.742 Billion (Fiscal Year Ended December 31, 2021)

Operating income: US$1.082 Billion (Fiscal Year Ended December 31, 2021)

Net income: US$1.219 Billion (Fiscal Year Ended December 31, 2021)


Total assets: US$28.435 Billion (Fiscal Year Ended December 31, 2021)

Total equity: US$11.787 Billion (Fiscal Year Ended December 31, 2021)

Stocks & Indices

Pinduoduo Inc. has the following listings and related stock indices.


Stock: NASDAQ: PDD

Stock: BMV: PDDN

Stock: FSX: 9PDA

Details

Headquarters:

No. 533 Loushanguan Road

28th Floor Changning District

Shanghai, 200051

China

Phone: 86 21 5266 1300