Company PDD Holdings Inc.

Equities

PDD

US7223041028

Internet Services

Market Closed - Nasdaq 21:00:00 26/04/2024 BST 5-day change 1st Jan Change
129.3 USD +2.80% Intraday chart for PDD Holdings Inc. +13.94% -11.62%

Business Summary

PDD Holdings Inc. (formerly Pinduoduo Inc.) specializes in the operation of a mobile e-commerce platform in China. The group offers mainly apparel, footwear, accessories, childcare products, fresh agricultural products, foods, consumer electronics, furniture, household goods, cosmetics, personal care items, sports and fitness items and automotive accessories. Net sales break down by type of revenue as follows:

- revenues from online marketing services (78.7%);

- revenues from transaction fees (21.1%);

- revenues from merchandise sales (0.2%).

At the end of 2022, the group had 13 million active merchants.

Number of employees: 17,403

Sales per Business

USD in Million2022Weight2023Weight Delta
Online Marketing Services and Others
62.0 %
15,255 78.7 % 21,671 62.0 % +42.06%
Transaction Services
38.0 %
4,103 21.2 % 13,281 38.0 % +223.72%

Sales per region

USD in Million2022Weight2023Weight Delta
China
100.0 %
19,389 100.0 % 34,952 100.0 % +80.27%

Managers

Managers TitleAgeSince
Chief Executive Officer - 19/04/15
Chief Executive Officer 44 19/04/15
Director of Finance/CFO 41 31/12/16
Chief Operating Officer 44 19/04/15
Corporate Officer/Principal 40 19/04/15

Members of the board

Members of the board TitleAgeSince
Director/Board Member 66 28/08/23
Director/Board Member 69 30/06/18
Director/Board Member 47 31/05/17
Chief Executive Officer 44 19/04/15
Corporate Officer/Principal 40 19/04/15
Chief Operating Officer 44 19/04/15
Director/Board Member 63 20/08/19
Chief Executive Officer - 19/04/15

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 5,314,348,396 5,305,314,003 ( 99.83 %) 0 99.83 %

Shareholders

NameEquities%Valuation
Baillie Gifford & Co.
2.857 %
37,960,238 2.857 % 4 413 M $
Vanguard Fiduciary Trust Co.
1.819 %
24,163,927 1.819 % 2 809 M $
BlackRock Advisors LLC
1.431 %
19,013,046 1.431 % 2 210 M $
Fidelity Management & Research Co. LLC
1.362 %
18,094,445 1.362 % 2 103 M $
Sequoia Capital
1.087 %
14,447,097 1.087 % 1 679 M $
UBS Asset Management (UK) Ltd.
0.9128 %
12,127,075 0.9128 % 1 410 M $
Eaton Vance Management
0.8922 %
11,853,673 0.8922 % 1 378 M $
10,400,251 0.7828 % 1 209 M $
HHLR Advisors Ltd. (Cayman Islands)
0.7610 %
10,110,947 0.7610 % 1 175 M $
BlackRock Life Ltd.
0.6147 %
8,166,910 0.6147 % 949 M $
NameEquities%Valuation
1,409,744,080 27.87 % 40 971 M $
783,468,116 15.49 % 22 770 M $
Quantum Dot Ltd.
7.331 %
370,772,220 7.331 % 10 776 M $
Gaorong Capital Co. Ltd.
4.628 %
234,053,664 4.628 % 6 802 M $
Hongshan
2.773 %
140,266,760 2.773 % 4 077 M $
4,631,368 0.0916 % 135 M $
Goldman Sachs Asset Management BV
0.009435 %
477,174 0.009435 % 14 M $
Guardians of New Zealand Superannuation
0.005100 %
257,927 0.005100 % 7 M $
Roelof Botha
0.004969 %
251,314 0.004969 % 7 M $
Dimensional Fund Advisors Ltd.
0.001639 %
82,903 0.001639 % 2 M $

Company contact information

PDD Holdings, Inc.

25 St. Stephen's Green First Floor

2, Dublin

+353 1 539 7938

http://pddholdings.com
address PDD Holdings Inc.(PDD)

Sales per Business

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
43
Last Close Price
937 CNY
Average target price
1,302 CNY
Spread / Average Target
+38.94%
Consensus
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