PDD Holdings Inc
NASDAQ:PDD
PDD Holdings Inc
Revenue
PDD Holdings Inc
Revenue Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Revenue | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
|
PDD Holdings Inc
NASDAQ:PDD
|
Revenue
¥393.8B
|
CAGR 3-Years
61%
|
CAGR 5-Years
67%
|
CAGR 10-Years
N/A
|
|
|
Vipshop Holdings Ltd
NYSE:VIPS
|
Revenue
¥108.4B
|
CAGR 3-Years
-3%
|
CAGR 5-Years
3%
|
CAGR 10-Years
17%
|
|
|
Alibaba Group Holding Ltd
NYSE:BABA
|
Revenue
¥981.8B
|
CAGR 3-Years
5%
|
CAGR 5-Years
15%
|
CAGR 10-Years
30%
|
|
|
JD Health International Inc
HKEX:6618
|
Revenue
¥58.2B
|
CAGR 3-Years
24%
|
CAGR 5-Years
40%
|
CAGR 10-Years
N/A
|
|
|
Meituan
HKEX:3690
|
Revenue
¥337.6B
|
CAGR 3-Years
24%
|
CAGR 5-Years
28%
|
CAGR 10-Years
N/A
|
|
|
JD.Com Inc
HKEX:9618
|
Revenue
¥1.2T
|
CAGR 3-Years
7%
|
CAGR 5-Years
15%
|
CAGR 10-Years
26%
|
|
PDD Holdings 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 PDD Holdings Inc's Revenue?
Revenue
393.8B
CNY
Based on the financial report for Dec 31, 2024, PDD Holdings Inc's Revenue amounts to 393.8B CNY.
What is PDD Holdings Inc's Revenue growth rate?
Revenue CAGR 5Y
67%
Over the last year, the Revenue growth was 59%. The average annual Revenue growth rates for PDD Holdings Inc have been 61% over the past three years , 67% over the past five years .
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