PDD Holdings Inc.
- 거래소
- 미국
- 국가 / 지역
- USA
- 상장일
- 2018년 7월 26일
- 직원 수
- 25,474
종합 밸류에이션 구간 · 보수적 $65–$81 / 적정 $81–$99 / 낙관적 $99–$132. $84.85 기준, 적정 내재가치 구간 내.
보고서 발행 시 $87.55（2026년 6월 2일）
데이터 제공: EODHD, 보고 통화 기준 표시. 참고용일 뿐 투자 자문이 아닙니다.
PDD Holdings Inc., a multinational commerce group that owns and operates a portfolio of businesses. The company operates Pinduoduo platform, which provides various product categories and interactive shopping experiences; and Temu, an online platform, which enables merchants to streamline their manufacturing and commercial operations. The company was formerly known as Pinduoduo Inc. and changed its name to PDD Holdings Inc. in February 2023. PDD Holdings Inc. was incorporated in 2015 and is based in Dublin, Ireland.
연혁
PDD Holdings Inc. was incorporated in 2015 and is based in Dublin, Ireland. Founded by Huang Zheng, it began commercial operations through Hangzhou Aimi and Shanghai Xunmeng, building a social-commerce platform around group-buying, low prices and factory supply. The company was named Pinduoduo Inc. in 2018 and listed on Nasdaq on July 26, 2018, pricing its ADSs at US$19 and raising roughly US$1.63 billion. In September 2022 it launched Temu, a global online platform, and renamed itself PDD Holdings Inc. in February 2023.
업계 내 위치
PDD Holdings operates in internet retail, running the domestic Pinduoduo marketplace and the cross-border Temu platform; its revenue comes from online marketing services and transaction-service fees rather than first-party retail. In 2025 revenue reached RMB 431.85 billion, with the two streams nearly even at RMB 217.78 billion and RMB 214.06 billion. The model is unusually asset-light, with 2025 capital expenditure of only about RMB 1.145 billion. Its core strength is efficiently organizing low-priced Chinese manufacturing supply; key competitors include Alibaba and JD.com at home, and Shein, AliExpress and Amazon overseas.
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