Pinduoduo Inc
NASDAQ:PDD
Pinduoduo Inc
Gross Profit
Pinduoduo Inc
Gross Profit Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Gross Profit | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
|
Pinduoduo Inc
NASDAQ:PDD
|
Gross Profit
¥239.9B
|
CAGR 3-Years
57%
|
CAGR 5-Years
59%
|
CAGR 10-Years
N/A
|
|
|
Vipshop Holdings Ltd
NYSE:VIPS
|
Gross Profit
¥26.1B
|
CAGR 3-Years
2%
|
CAGR 5-Years
6%
|
CAGR 10-Years
19%
|
|
|
Alibaba Group Holding Ltd
NYSE:BABA
|
Gross Profit
¥381B
|
CAGR 3-Years
7%
|
CAGR 5-Years
11%
|
CAGR 10-Years
23%
|
|
|
JD Health International Inc
HKEX:6618
|
Gross Profit
¥13.3B
|
CAGR 3-Years
23%
|
CAGR 5-Years
36%
|
CAGR 10-Years
N/A
|
|
|
Meituan
HKEX:3690
|
Gross Profit
¥129.8B
|
CAGR 3-Years
45%
|
CAGR 5-Years
32%
|
CAGR 10-Years
N/A
|
|
|
JD.Com Inc
HKEX:9618
|
Gross Profit
¥183.9B
|
CAGR 3-Years
13%
|
CAGR 5-Years
17%
|
CAGR 10-Years
30%
|
|
Pinduoduo Inc
Glance View
Pinduoduo Inc., founded in 2015 by former Google engineer Colin Huang, quickly rose to prominence within China's hyper-competitive e-commerce market by pioneering a unique social commerce model. Instead of the traditional solitary shopping experience, Pinduoduo transformed online shopping into a social activity where users embarked on digital adventures together. Leveraging the power of group buying, it incentivized users to form teams to purchase items at significantly reduced prices. This innovative approach was driven by a platform seamlessly integrated with social networks like WeChat, creating a vibrant community of deal-seekers engaged in gamified experiences. Such a model thrived on the synergy between collective buying power and social interaction, fueling the platform's meteoric growth and extensive user engagement. Pinduoduo generates revenue primarily through transactions on its platform, much like its more established e-commerce rivals. The crux of its business strategy involves collecting merchant fees, which include commissions and advertisement fees from vendors seeking increased visibility among the vast Pinduoduo user base. By attracting a wide array of merchants with lower entry barriers and significant consumer data insight, the company has cultivated a diverse marketplace teeming with competitively priced products. Additionally, the platform's monetization through advertising has been instrumental in generating income, as sellers vie to highlight their offerings to the expansive audience. This enticing combination of social shopping and monetization prowess underpins Pinduoduo's compelling market position and dynamic growth trajectory in the world of e-commerce.
See Also
What is Pinduoduo Inc's Gross Profit?
Gross Profit
239.9B
CNY
Based on the financial report for Dec 31, 2024, Pinduoduo Inc's Gross Profit amounts to 239.9B CNY.
What is Pinduoduo Inc's Gross Profit growth rate?
Gross Profit CAGR 5Y
59%
Over the last year, the Gross Profit growth was 54%. The average annual Gross Profit growth rates for Pinduoduo Inc have been 57% over the past three years , 59% over the past five years .
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