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PDD Holdings Inc.

PDDNasdaqServices-Business Services, NECFiscal year ends December 31
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 29, 2026Score 11/30
$81.68+3.07 (+3.91%)

Close on Nov 2, 2026Market cap $116.26BP/E 8.3Yield –

PDD Net Cash Used in Investing Activities by Year

Net Cash Used in Investing Activities (RMB million) (M)

QuarterlyAnnual

PDD Net Cash Used in Investing Activities: -43,423M in FY2025, down 63.3% from a year earlier.

Latest, FY2025
-43,423
Period ended Dec 31, 2025
Change on a year earlier
-63.3%
-118,356 in FY2024
History
10 years
Since FY2016
Sources
9
Documents cited below

Where the FY2025 figure comes from

“|| Net cash (used in)/generated from investing activities | (30,545,257 | ) | 1,538,248 | 219,967 | (118,356,036 | ) | (43,423,236 | ) | (6,209,441 | )”

Source: PDD Holdings Inc. Form 6-K (tm269789d1_ex99-1.htm, filed 2026-03-26) ↗

Annual history

Hover a value to see the sentence it was read from; calculated values show their formula

PeriodEndedNet Cash Used in Investing Activities (RMB million) (M)Year on yearSource
FY2025Dec 31, 2025-43,423-63.3%PDD Holdings Inc. Form 6-K (tm269789d1_ex99-1.htm, filed 2026-03-26) ↗
FY2024Dec 31, 2024-118,356+113.5%PDD Holdings Inc. Form 6-K (tm269789d1_ex99-1.htm, filed 2026-03-26) ↗
FY2023Dec 31, 2023-55,431+147.9%PDD Holdings Inc. Form 6-K (tm259886d1_ex99-1.htm, filed 2025-03-20) ↗
FY2022Dec 31, 2022-22,362-37.1%PDD Holdings Inc. Form 6-K (tm249325d1_ex99-1.htm, filed 2024-03-21) ↗
FY2021Dec 31, 2021-35,562-7.3%PDD Holdings Inc. Form 6-K (tm2310024d1_ex99-1.htm, filed 2023-03-22) ↗
FY2020Dec 31, 2020-38,358+35.4%PDD Holdings Inc. Form 6-K (tm229947d1_ex99-1.htm, filed 2022-03-22) ↗
FY2019Dec 31, 2019-28,320+275.2%PDD Holdings Inc. Form 6-K (a21-10044_1ex99d1.htm, filed 2021-03-18) ↗
FY2018Dec 31, 2018-7,549-10,627.9%PDD Holdings Inc. Form 6-K (a20-12514_1ex99d1.htm, filed 2020-03-12) ↗
FY2017Dec 31, 201771.7-123.3%PDD Holdings Inc. Form 6-K (a19-6538_1ex99d1.htm, filed 2019-03-15) ↗
FY2016Dec 31, 2016-307–PDD Holdings Inc. Form 20-F (filed 2019-04-24) ↗

Breakdown

What makes up net Cash Used in Investing Activities

Cite this data

StockData. (2026). PDD Net Cash Used in Investing Activities (M), annual FY2016–FY2025 [Data set]. Compiled from PDD SEC filings and investor materials. https://stockdatahq.com/stocks/pdd/kpis/sec-cf-investing-rmb-m-314

See every metric in the PDD KPI table. Data updated Oct 27, 2026.