Business description: PDD Holdings Inc.

PDD Holdings 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 (50.3%);

- revenues from transaction fees (49.7%).

At the end of 2024, the group had 15.8 million active merchants.

Number of employees: 25,474

Sales by Activity: PDD Holdings Inc.

Fiscal Period: December 2021 (CNY) 2022 (CNY) 2023 (CNY) 2024 (CNY) 2025 (CNY)

The Provision of E-Commerce Services

93.95B 131B 248B 394B 432B

Geographical breakdown of sales: PDD Holdings Inc.

Fiscal Period: December 2021 (CNY) 2022 (CNY) 2023 (CNY) 2024 (CNY) 2025 (CNY)

People's Republic of China (PRC)

93.95B 131B 248B 394B 432B

Executive Committee: PDD Holdings Inc.

Manager TitleAgeSince
Chief Executive Officer 42 28/02/2023
Chief Executive Officer 46 30/06/2020
Director of Finance/CFO - 18/12/2025
Chief Operating Officer 46 19/04/2015
Director of Finance/CFO 43 31/12/2016

Composition of the Board of Directors: PDD Holdings Inc.

Director TitleAgeSince
Chairman 46 16/03/2021
Director/Board Member 49 31/05/2017
Director/Board Member 71 30/06/2018
Director/Board Member 65 20/08/2019
Chairman 42 18/12/2025
Director/Board Member 67 28/08/2023

Shareholders: PDD Holdings Inc.

NameStocks%Valuation
Baillie Gifford & Co.
1.997 %
28,353,099 1.997 % 2 394 M $
BlackRock Advisors LLC
1.844 %
26,180,173 1.844 % 2 211 M $
Vanguard Capital Management LLC
1.699 %
24,125,658 1.699 % 2 037 M $
H&H International Investment LLC
1.391 %
19,748,294 1.391 % 1 668 M $
BlackRock Life Ltd.
0.9212 %
13,077,167 0.9212 % 1 104 M $
NameStocks%Valuation
Caixa DTVM SA
0.002445 %
138,850 0.002445 % 1 M $
Santander Distribuidora de Titulos e Valores Mobiliários SA
0.00016 %
9,100 0.00016 % 74 697 $
Morgan Stanley Administradora de Carteiras SA
0.000001 %
50 0.000001 % 410 $
NameStocks%Valuation
27.87 %
1,409,744,080 27.87 % 29 760 M $
15.49 %
783,468,116 15.49 % 16 539 M $
Quantum Dot Ltd.
7.331 %
370,772,220 7.331 % 7 827 M $
0.56 %
28,320,000 0.56 % 598 M $
0.1488 %
7,524,000 0.1488 % 159 M $

Company details: PDD Holdings Inc.

PDD Holdings, Inc.

25 St. Stephen's Green

2, Dublin

+353 1 539 7938

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

E-commerce & Auction Services

Change 5-day change 1-year change 3-year change Capi.($)
-0.64%-5.33%-21.19%+6.83% 116B
-2.33%-10.53%-6.35%+31.80% 257B
+2.10%-4.80%-3.21%+80.04% 144B
+1.37%-1.52%-32.55%+33.22% 81.62B
-0.26%-2.56%-44.75%-38.95% 61.53B
+3.01%+0.42%+40.74%+139.27% 48.67B
-0.96%+0.94%-38.50%-27.55% 28.76B
+1.31%+0.29%-7.40%-20.54% 6.67B
+1.50%+1.00%-1.92%-10.53% 5.58B
-1.18%+2.37%+19.74%+58.80% 5.5B
Average +0.67%-1.57%-9.54%+25.24% 75.51B
Weighted average by Cap. +0.72%-5.18%-11.96%+35.63%
Trader
Investor
Global
Quality
ESG MSCI
CCC
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
36
Last Close Price
550.86CNY
Average target price
812.69CNY
Spread / Average Target
+47.53%

Quarterly revenue - Rate of surprise

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