Pinduoduo

PinduoduoPinduoduo
Pinduoduo

Pinduoduo

A leading Chinese social commerce platform focused on agriculture and value-for-money products.

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DR 792015ActiveShanghai, China
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About

Pinduoduo is a Chinese online retailer founded in 2015, initially focusing on agriculture and expanding into a leading social commerce platform. It connects consumers with a wide range of products through a unique 'team purchase' model, encouraging group discounts and social sharing, primarily via WeChat. PDD Holdings, the parent company, also owns the global e-commerce marketplace Temu.
Frequently asked

What does Pinduoduo do?

Pinduoduo is a Chinese online retailer founded in 2015, initially focusing on agriculture and expanding into a leading social commerce platform. It connects consumers with a wide range of products through a unique 'team purchase' model, encouraging group discounts and social sharing, primarily via WeChat. PDD Holdings, the parent company, also owns the global e-commerce marketplace Temu.

What is Pinduoduo's revenue?

StartupHub estimates Pinduoduo's annual revenue at $3.0B (range $2.1B to $5.2B, 29% confidence), based on comparable companies in the sector.

What is Pinduoduo's valuation?

StartupHub estimates Pinduoduo's effective valuation at $292.3B (range $133.9B to $562.1B, 43% confidence), based on comparable companies in the sector.

How much funding has Pinduoduo raised?

Pinduoduo has raised a total of $6.4B in funding. The most recent round on record is Post IPO.

Where is Pinduoduo headquartered?

Pinduoduo is headquartered in Shanghai, China.

When was Pinduoduo founded?

Pinduoduo was founded in 2015.

What industry does Pinduoduo operate in?

Pinduoduo operates in E-commerce, Social Commerce, Marketplace, Agriculture, Consumer Goods, RetailTech.

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