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    PDD Holdings Inc.

    Subscribe to $PDD
    $PDD
    Business Services
    Consumer Discretionary

    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.

    IPO Year: 2018

    Exchange: NASDAQ

    Website: pinduoduo.com

    Peers

    $VIPS

    Recent Analyst Ratings for PDD Holdings Inc.

    DatePrice TargetRatingAnalyst
    5/28/2025$112.00Buy → Hold
    Deutsche Bank
    5/28/2025$107.00Buy → Hold
    China Renaissance
    3/21/2025$137.00 → $130.00Buy → Neutral
    Nomura
    11/22/2024Overweight → Neutral
    Analyst
    10/7/2024$126.00 → $224.00Neutral → Outperform
    Macquarie
    8/27/2024$194.00 → $120.00Buy → Neutral
    Citigroup
    8/26/2024Outperform → Neutral
    Macquarie
    8/26/2024$193.00 → $151.00Buy
    Jefferies
    5/24/2024$145.00 → $184.00Neutral → Buy
    Goldman
    3/11/2024$136.00Buy → Neutral
    Goldman
    See more ratings

    PDD Holdings Inc. SEC Filings

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    • SEC Form 6-K filed by PDD Holdings Inc.

      6-K - PDD Holdings Inc. (0001737806) (Filer)

      5/27/25 4:31:12 PM ET
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      Consumer Discretionary
    • SEC Form 20-F filed by PDD Holdings Inc.

      20-F - PDD Holdings Inc. (0001737806) (Filer)

      4/28/25 5:01:20 PM ET
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      Consumer Discretionary
    • SEC Form 6-K filed by PDD Holdings Inc.

      6-K - PDD Holdings Inc. (0001737806) (Filer)

      3/20/25 4:01:31 PM ET
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    • SEC Form 6-K filed by PDD Holdings Inc.

      6-K - PDD Holdings Inc. (0001737806) (Filer)

      12/20/24 8:25:32 AM ET
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    • SEC Form 6-K filed by PDD Holdings Inc.

      6-K - PDD Holdings Inc. (0001737806) (Filer)

      11/27/24 4:01:09 PM ET
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    • SEC Form 6-K filed by PDD Holdings Inc.

      6-K - PDD Holdings Inc. (0001737806) (Filer)

      11/21/24 4:01:16 PM ET
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    • SEC Form 6-K filed by PDD Holdings Inc.

      6-K - PDD Holdings Inc. (0001737806) (Filer)

      8/26/24 4:01:51 PM ET
      $PDD
      Business Services
      Consumer Discretionary
    • SEC Form 6-K filed by PDD Holdings Inc.

      6-K - PDD Holdings Inc. (0001737806) (Filer)

      5/22/24 5:00:30 PM ET
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    • SEC Form 20-F filed by PDD Holdings Inc.

      20-F - PDD Holdings Inc. (0001737806) (Filer)

      4/25/24 7:30:47 AM ET
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    • SEC Form 6-K filed by PDD Holdings Inc.

      6-K - PDD Holdings Inc. (0001737806) (Filer)

      3/20/24 9:30:13 PM ET
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    PDD Holdings Inc. Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

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    • PDD Holdings downgraded by Deutsche Bank with a new price target

      Deutsche Bank downgraded PDD Holdings from Buy to Hold and set a new price target of $112.00

      5/28/25 8:10:50 AM ET
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    • PDD Holdings downgraded by China Renaissance with a new price target

      China Renaissance downgraded PDD Holdings from Buy to Hold and set a new price target of $107.00

      5/28/25 8:10:09 AM ET
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    • PDD Holdings downgraded by Nomura with a new price target

      Nomura downgraded PDD Holdings from Buy to Neutral and set a new price target of $130.00 from $137.00 previously

      3/21/25 8:04:52 AM ET
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    • Pinduoduo downgraded by Analyst

      Analyst downgraded Pinduoduo from Overweight to Neutral

      11/22/24 9:29:05 AM ET
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    • Pinduoduo upgraded by Macquarie with a new price target

      Macquarie upgraded Pinduoduo from Neutral to Outperform and set a new price target of $224.00 from $126.00 previously

      10/7/24 8:23:08 AM ET
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    • Pinduoduo downgraded by Citigroup with a new price target

      Citigroup downgraded Pinduoduo from Buy to Neutral and set a new price target of $120.00 from $194.00 previously

      8/27/24 7:36:22 AM ET
      $PDD
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    • Pinduoduo downgraded by Macquarie

      Macquarie downgraded Pinduoduo from Outperform to Neutral

      8/26/24 2:03:30 PM ET
      $PDD
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    • Jefferies reiterated coverage on Pinduoduo with a new price target

      Jefferies reiterated coverage of Pinduoduo with a rating of Buy and set a new price target of $151.00 from $193.00 previously

      8/26/24 12:46:40 PM ET
      $PDD
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    • Pinduoduo upgraded by Goldman with a new price target

      Goldman upgraded Pinduoduo from Neutral to Buy and set a new price target of $184.00 from $145.00 previously

      5/24/24 8:48:38 AM ET
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    • Pinduoduo downgraded by Goldman with a new price target

      Goldman downgraded Pinduoduo from Buy to Neutral and set a new price target of $136.00

      3/11/24 9:07:37 AM ET
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    PDD Holdings Inc. Leadership Updates

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    • Allink Biotherapeutics Raises $42M Series A Financing to Accelerate Global Development of Bispecific Antibody and ADC Pipeline

      The series A investment round secures resources for advancing global Phase I/II clinical programs and orchestrating the company's global footprint expansion. SHANGHAI, Nov. 28, 2024 /PRNewswire/ -- Allink Biotherapeutics, a clinical-stage biotechnology company pioneering next-generation bispecific antibody and antibody-drug conjugate (ADC) therapeutics, today announced the successful completion of a $42 million Series A financing. The financing round was led by Lanchi Ventures, a preeminent global early-stage technology investor known for backing breakthrough innovations, with participation from an elite syndicate of new investors including Yuanbio Venture Capital, Legend Capital and C&D Eme

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    • AI WealthTech company Range Raises $28 Million Series B Led by Cathay Innovation

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    PDD Holdings Inc. Press Releases

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    • PDD Holdings Announces First Quarter 2025 Unaudited Financial Results

      DUBLIN and SHANGHAI, May 27, 2025 (GLOBE NEWSWIRE) -- PDD Holdings Inc. ("PDD Holdings" or the "Company") (NASDAQ:PDD), today announced its unaudited financial results for the first quarter ended March 31, 2025. First Quarter 2025 Highlights Total revenues in the quarter were RMB95,672.2 million (US$1 13,184.0 million), an increase of 10% from RMB86,812.1 million in the same quarter of 2024.Operating profit in the quarter was RMB16,085.6 million (US$2,216.7 million), a decrease of 38% from RMB25,973.7 million in the same quarter of 2024. Non-GAAP2 operating profit in the quarter was RMB18,259.7 million (US$2,516.3 million), a decrease of 36% from RMB28,552.2 million in the same quarter o

      5/27/25 6:30:34 AM ET
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    • PDD Holdings to Report First Quarter 2025 Unaudited Financial Results on May 27, 2025

      DUBLIN and SHANGHAI, May 20, 2025 (GLOBE NEWSWIRE) -- PDD Holdings Inc. ("PDD Holdings" or the "Company") (NASDAQ:PDD) today announced that it will report its unaudited financial results for the first quarter ended March 31, 2025, before U.S. markets open on Tuesday, May 27, 2025. The Company's management will hold an earnings conference call at 7:30 AM ET on May 27, 2025 (12:30 PM IST and 7:30 PM HKT on the same day). The conference call will be webcast live at https://investor.pddholdings.com/investor-events. The webcast will be available for replay at the same website following the conclusion of the call. About PDD Holdings: PDD Holdings is a multinational commerce group that owns an

      5/20/25 7:30:44 AM ET
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    • PDD Holdings Files Annual Report on Form 20-F for Fiscal Year 2024

      DUBLIN and SHANGHAI, April 28, 2025 (GLOBE NEWSWIRE) -- PDD Holdings Inc. ("PDD Holdings" or the "Company") (NASDAQ:PDD) today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the U.S. Securities and Exchange Commission ("SEC") on April 28, 2025. The annual report can be accessed on the Company's investor relations website at https://investor.pddholdings.com/ as well as the SEC's website at https://www.sec.gov/. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders upon request. Requests should be directed to the Company's Investor Relati

      4/28/25 5:13:20 PM ET
      $PDD
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      Consumer Discretionary
    • PDD Holdings Announces Fourth Quarter 2024 and Fiscal Year 2024 Unaudited Financial Results

      DUBLIN and SHANGHAI, March 20, 2025 (GLOBE NEWSWIRE) -- PDD Holdings Inc. ("PDD Holdings" or the "Company") (NASDAQ:PDD), today announced its unaudited financial results for the fourth quarter ended and the fiscal year ended December 31, 2024. Fourth Quarter 2024 Highlights Total revenues in the quarter were RMB110,610.1 million (US$115,153.5 million), an increase of 24% from RMB88,881.0 million in the same quarter of 2023.Operating profit in the quarter was RMB25,592.2 million (US$3,506.1 million), an increase of 14% from RMB22,395.0 million in the same quarter of 2023. Non-GAAP2 operating profit in the quarter was RMB27,99

      3/20/25 6:30:31 AM ET
      $PDD
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    • PDD Holdings to Report Fourth Quarter and Fiscal Year 2024 Unaudited Financial Results on March 20, 2025

      DUBLIN and SHANGHAI, March 13, 2025 (GLOBE NEWSWIRE) -- PDD Holdings Inc. ("PDD Holdings" or the "Company") (NASDAQ:PDD) today announced that it will report its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024, before U.S. markets open on Thursday, March 20, 2025. The Company's management will hold an earnings conference call at 7:30 AM ET on March 20, 2025 (11:30 AM GMT and 7:30 PM HKT on the same day). The conference call will be webcast live at https://investor.pddholdings.com/investor-events. The webcast will be available for replay at the same website following the conclusion of the call. About PDD Holdings: PDD Holdings is a multinational

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    • Bioptimus Hits $76M Funding Milestone and Prepares to Launch Groundbreaking Foundation Model for Biology

      Bioptimus announces a $76M funding milestone, with the latest injection of $41M led by Cathay Innovation less than 12 months from its initial seed round Since the successful release of the largest AI foundation model for pathology in July, the company has been continuing its groundbreaking work and is now poised to release a breakthrough new multi-scale, multi-modal foundation model for biology in 2025 The new model will allow the simulation of biology at unprecedented scale and dimension, creating biological innovation for medical, biotech, cosmetic industries, and beyond Bioptimus, the pioneering AI foundation model company, announced today that it has reached a significant fu

      1/14/25 4:00:00 AM ET
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    • Allink Biotherapeutics Raises $42M Series A Financing to Accelerate Global Development of Bispecific Antibody and ADC Pipeline

      The series A investment round secures resources for advancing global Phase I/II clinical programs and orchestrating the company's global footprint expansion. SHANGHAI, Nov. 28, 2024 /PRNewswire/ -- Allink Biotherapeutics, a clinical-stage biotechnology company pioneering next-generation bispecific antibody and antibody-drug conjugate (ADC) therapeutics, today announced the successful completion of a $42 million Series A financing. The financing round was led by Lanchi Ventures, a preeminent global early-stage technology investor known for backing breakthrough innovations, with participation from an elite syndicate of new investors including Yuanbio Venture Capital, Legend Capital and C&D Eme

      11/28/24 8:06:00 AM ET
      $BZ
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    • AI WealthTech company Range Raises $28 Million Series B Led by Cathay Innovation

      The new face of wealth management creates ai powered software to drive optimization; membership is increasing 20% MoM, Appoints Chris Davidson of House Call Pro as CTO MCLEAN, Va., Nov. 26, 2024 /PRNewswire/ -- Range, the all-in-one AI WealthTech platform, raised $28 million in Series B funding, led by Cathay Innovation and joined by Gradient Ventures and other investors. This round brings the company's total funding to $40 million. Traditional financial advisors have offered the same types of wealth management services to consumers for decades. Range is overhauling the sector

      11/26/24 8:00:00 AM ET
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    • PDD Holdings Announces Third Quarter 2024 Unaudited Financial Results

      DUBLIN and SHANGHAI, Nov. 21, 2024 (GLOBE NEWSWIRE) -- PDD Holdings Inc. ("PDD Holdings" or the "Company") (NASDAQ:PDD), today announced its unaudited financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Total revenues in the quarter were RMB99,354.4 million (US$1 14,157.9 million), an increase of 44% from RMB68,840.4 million in the same quarter of 2023. Operating profit in the quarter was RMB24,292.5 million (US$3,461.6 million), an increase of 46% from RMB16,656.0 million in the same quarter of 2023. Non-GAAP2 operating profit in the quarter was RMB26,770.5 million (US$3,814.8 million), an increase of 48% from RMB18,125.8 million

      11/21/24 6:30:42 AM ET
      $PDD
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    • PDD Holdings to Report Third Quarter 2024 Unaudited Financial Results on November 21, 2024

      DUBLIN and SHANGHAI, Nov. 14, 2024 (GLOBE NEWSWIRE) -- PDD Holdings Inc. ("PDD Holdings" or the "Company") (NASDAQ:PDD) today announced that it will report its unaudited financial results for the third quarter ended September 30, 2024, before U.S. markets open on Thursday, November 21, 2024. The Company's management will hold an earnings conference call at 7:30 AM ET on November 21, 2024 (12:30 PM IST and 8:30 PM HKT on the same day). The conference call will be webcast live at https://investor.pddholdings.com/investor-events. The webcast will be available for replay at the same website following the conclusion of the call. About PDD Holdings: PDD Holdings is a multinational commerce gr

      11/14/24 6:30:58 AM ET
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    PDD Holdings Inc. Financials

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    • PDD Holdings Announces First Quarter 2025 Unaudited Financial Results

      DUBLIN and SHANGHAI, May 27, 2025 (GLOBE NEWSWIRE) -- PDD Holdings Inc. ("PDD Holdings" or the "Company") (NASDAQ:PDD), today announced its unaudited financial results for the first quarter ended March 31, 2025. First Quarter 2025 Highlights Total revenues in the quarter were RMB95,672.2 million (US$1 13,184.0 million), an increase of 10% from RMB86,812.1 million in the same quarter of 2024.Operating profit in the quarter was RMB16,085.6 million (US$2,216.7 million), a decrease of 38% from RMB25,973.7 million in the same quarter of 2024. Non-GAAP2 operating profit in the quarter was RMB18,259.7 million (US$2,516.3 million), a decrease of 36% from RMB28,552.2 million in the same quarter o

      5/27/25 6:30:34 AM ET
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    • PDD Holdings to Report First Quarter 2025 Unaudited Financial Results on May 27, 2025

      DUBLIN and SHANGHAI, May 20, 2025 (GLOBE NEWSWIRE) -- PDD Holdings Inc. ("PDD Holdings" or the "Company") (NASDAQ:PDD) today announced that it will report its unaudited financial results for the first quarter ended March 31, 2025, before U.S. markets open on Tuesday, May 27, 2025. The Company's management will hold an earnings conference call at 7:30 AM ET on May 27, 2025 (12:30 PM IST and 7:30 PM HKT on the same day). The conference call will be webcast live at https://investor.pddholdings.com/investor-events. The webcast will be available for replay at the same website following the conclusion of the call. About PDD Holdings: PDD Holdings is a multinational commerce group that owns an

      5/20/25 7:30:44 AM ET
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    • PDD Holdings Announces Fourth Quarter 2024 and Fiscal Year 2024 Unaudited Financial Results

      DUBLIN and SHANGHAI, March 20, 2025 (GLOBE NEWSWIRE) -- PDD Holdings Inc. ("PDD Holdings" or the "Company") (NASDAQ:PDD), today announced its unaudited financial results for the fourth quarter ended and the fiscal year ended December 31, 2024. Fourth Quarter 2024 Highlights Total revenues in the quarter were RMB110,610.1 million (US$115,153.5 million), an increase of 24% from RMB88,881.0 million in the same quarter of 2023.Operating profit in the quarter was RMB25,592.2 million (US$3,506.1 million), an increase of 14% from RMB22,395.0 million in the same quarter of 2023. Non-GAAP2 operating profit in the quarter was RMB27,99

      3/20/25 6:30:31 AM ET
      $PDD
      Business Services
      Consumer Discretionary
    • PDD Holdings to Report Fourth Quarter and Fiscal Year 2024 Unaudited Financial Results on March 20, 2025

      DUBLIN and SHANGHAI, March 13, 2025 (GLOBE NEWSWIRE) -- PDD Holdings Inc. ("PDD Holdings" or the "Company") (NASDAQ:PDD) today announced that it will report its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024, before U.S. markets open on Thursday, March 20, 2025. The Company's management will hold an earnings conference call at 7:30 AM ET on March 20, 2025 (11:30 AM GMT and 7:30 PM HKT on the same day). The conference call will be webcast live at https://investor.pddholdings.com/investor-events. The webcast will be available for replay at the same website following the conclusion of the call. About PDD Holdings: PDD Holdings is a multinational

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      Business Services
      Consumer Discretionary
    • PDD Holdings Announces Third Quarter 2024 Unaudited Financial Results

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      11/21/24 6:30:42 AM ET
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    • PDD Holdings to Report Third Quarter 2024 Unaudited Financial Results on November 21, 2024

      DUBLIN and SHANGHAI, Nov. 14, 2024 (GLOBE NEWSWIRE) -- PDD Holdings Inc. ("PDD Holdings" or the "Company") (NASDAQ:PDD) today announced that it will report its unaudited financial results for the third quarter ended September 30, 2024, before U.S. markets open on Thursday, November 21, 2024. The Company's management will hold an earnings conference call at 7:30 AM ET on November 21, 2024 (12:30 PM IST and 8:30 PM HKT on the same day). The conference call will be webcast live at https://investor.pddholdings.com/investor-events. The webcast will be available for replay at the same website following the conclusion of the call. About PDD Holdings: PDD Holdings is a multinational commerce gr

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    • PDD Holdings Announces Second Quarter 2024 Unaudited Financial Results

      DUBLIN and SHANGHAI, Aug. 26, 2024 (GLOBE NEWSWIRE) -- PDD Holdings Inc. ("PDD Holdings" or the "Company") (NASDAQ:PDD), today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights Total revenues in the quarter were RMB97,059.5 million (US$113,355.8 million), an increase of 86% from RMB52,280.7 million in the same quarter of 2023.Operating profit in the quarter was RMB32,564.5 million (US$4,481.0 million), an increase of 156% from RMB12,718.8 million in the same quarter of 2023. Non-GAAP2 operating profit in the quarter was RMB34,987.3 million (US$4,814.4 million), an increase of 139% from RMB14,609.4 mill

      8/26/24 6:30:28 AM ET
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    • PDD Holdings to Report Second Quarter 2024 Unaudited Financial Results on August 26, 2024

      DUBLIN and SHANGHAI, Aug. 19, 2024 (GLOBE NEWSWIRE) -- PDD Holdings Inc. ("PDD Holdings" or the "Company") (NASDAQ:PDD) today announced that it will report its unaudited financial results for the second quarter ended June 30, 2024, before U.S. markets open on Monday, August 26, 2024. The Company's management will hold an earnings conference call at 7:30 AM ET on August 26, 2024 (12:30 PM IST and 7:30 PM HKT on the same day). The conference call will be webcast live at https://investor.pddholdings.com/investor-events. The webcast will be available for replay at the same website following the conclusion of the call. About PDD Holdings: PDD Holdings is a multinational commerce group that o

      8/19/24 7:30:30 AM ET
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    • PDD Holdings Announces First Quarter 2024 Unaudited Financial Results

      DUBLIN and SHANGHAI, May 22, 2024 (GLOBE NEWSWIRE) -- PDD Holdings Inc. ("PDD Holdings" or the "Company") (NASDAQ:PDD), today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights Total revenues in the quarter were RMB86,812.1 million (US$112,023.3 million), an increase of 131% from RMB37,637.1 million in the same quarter of 2023.Operating profit in the quarter was RMB25,973.7 million (US$3,597.3 million), an increase of 275% from RMB6,929.0 million in the same quarter of 2023. Non-GAAP2 operating profit in the quarter was RMB28,552.2 million (US$3,954.4 million), an increase of 237% from RMB8,462.4 million in the same quarter

      5/22/24 6:30:32 AM ET
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    • PDD Holdings to Report First Quarter 2024 Unaudited Financial Results on May 22, 2024

      DUBLIN and SHANGHAI, May 15, 2024 (GLOBE NEWSWIRE) -- PDD Holdings Inc. ("PDD Holdings" or the "Company") (NASDAQ:PDD) today announced that it will report its unaudited financial results for the first quarter ended March 31, 2024, before U.S. markets open on Wednesday, May 22, 2024. The Company's management will hold an earnings conference call at 7:30 AM ET on May 22, 2024 (12:30 PM IST and 7:30 PM HKT on the same day). The conference call will be webcast live at https://investor.pddholdings.com/investor-events. The webcast will be available for replay at the same website following the conclusion of the call. About PDD Holdings: PDD Holdings is a multinational commerce group that owns

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    • SEC Form SC 13G/A filed by PDD Holdings Inc. (Amendment)

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    • SEC Form SC 13G/A filed by PDD Holdings Inc. (Amendment)

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    • SEC Form SC 13G/A filed by PDD Holdings Inc. (Amendment)

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    • SEC Form SC 13G filed by Pinduoduo Inc.

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    • SEC Form SC 13G/A filed by Pinduoduo Inc. (Amendment)

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