PDD Holdings Inc.
Close on Nov 2, 2026Market cap $116.26BP/E 8.2Yield –
PDD Payment Processing Fees (Legacy Form 20-F FY2016–FY2021 by Year
Payment Processing Fees (Legacy Form 20-F FY2016–FY2021 — RMB million) (M)
PDD Payment Processing Fees (Legacy Form 20-F FY2016–FY2021: 3,108M in FY2021, up 101.1% from a year earlier. No newer figure appears in the documents we track.
Where the FY2021 figure comes from
“Our costs of revenues increased by 64.5% from RMB19,278.6 million in 2020 to RMB31,718.1 million in 2021, primarily due to the increase in payment processing fees and costs directly attributable to the operation of the Pinduoduo platform and others. The increase in payment processing fees from RMB1,545.6 million in 2020 to RMB3,108.1 million in 2021 was primarily due to the growth of our gross merchandise value. The increase in costs directly attributable to the operation of the Pinduoduo platform and others from RMB17,733.1 million in 2020 to RMB28,610.0 million in 2021 was primarily due to the increase of RMB8,920.3 million in fulfillment fees and merchant support services and the increase of RMB761.6 million in cost and expenses attributable to merchandise sales.”
Source: PDD Holdings Inc. Form 20-F (pdd-20221231x20f.htm, filed 2023-04-26) ↗
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Payment Processing Fees (Legacy Form 20-F FY2016–FY2021 — RMB million) (M) | Year on year | Source |
|---|---|---|---|---|
| FY2021 | Dec 31, 2021 | 3,108 | +101.1% | PDD Holdings Inc. Form 20-F (pdd-20221231x20f.htm, filed 2023-04-26) ↗ |
| FY2020 | Dec 31, 2020 | 1,546 | +352.1% | PDD Holdings Inc. Form 20-F (pdd-20221231x20f.htm, filed 2023-04-26) ↗ |
| FY2019 | Dec 31, 2019 | 342 | -46.5% | PDD Holdings Inc. Form 20-F (pdd-20211231x20f.htm, filed 2022-04-25) ↗ |
| FY2018 | Dec 31, 2018 | 639 | +18.1% | PDD Holdings Inc. Form 20-F (pdd-20201231x20f.htm, filed 2021-04-30) ↗ |
| FY2017 | Dec 31, 2017 | 541 | +943.0% | PDD Holdings Inc. Form 20-F (pdd-20191231x20f.htm, filed 2020-04-24) ↗ |
| FY2016 | Dec 31, 2016 | 51.9 | – | PDD Holdings Inc. Form 20-F (a19-5195_120f.htm, filed 2019-04-24) ↗ |
Cite this data
StockData. (2026). PDD Payment Processing Fees (Legacy Form 20-F FY2016–FY2021 (M), annual FY2016–FY2021 [Data set]. Compiled from PDD SEC filings and investor materials. https://stockdatahq.com/stocks/pdd/kpis/sec-cor-payment-processing-fees-rmb-m-225
See every metric in the PDD KPI table. Data updated Oct 27, 2026.