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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 8.2Yield –

PDD 12-Month Active Buyers (Active Buyers TTM by Quarter

12-Month Active Buyers (Active Buyers TTM — million buyers — legacy FY2017–FY2022Q1) (M)

QuarterlyAnnual

PDD 12-Month Active Buyers (Active Buyers TTM: 882M in Q1 2022, up 7.1% from a year earlier. That is the highest of the 20 quarters on record here. No newer figure appears in the documents we track.

Latest, Q1 2022
882
Period ended Mar 31, 2022
Change on a year earlier
+7.1%
824 in Q1 2021
History
20 quarters
Since Q2 2017
Sources
16
Documents cited below

Where the Q1 2022 figure comes from

“|| · | Active buyers 3 in the twelve-month period ended March 31, 2022 was 881.9 million, an increase of 7% from 823.8 million in the twelve-month period ended March 31, 2021.”

Source: PDD Holdings Inc. Form 6-K (tm2217231d1_ex99-1.htm, filed 2022-05-31) ↗

Quarterly history

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

PeriodEnded12-Month Active Buyers (Active Buyers TTM — million buyers — legacy FY2017–FY2022Q1) (M)Year on yearSource
Q1 2022Mar 31, 2022882+7.1%PDD Holdings Inc. Form 6-K (tm2217231d1_ex99-1.htm, filed 2022-05-31) ↗
Q4 2021Dec 31, 2021869+10.2%PDD Holdings Inc. Form 6-K (tm229947d1_ex99-1.htm, filed 2022-03-22) ↗
Q3 2021Sep 30, 2021867+18.6%PDD Holdings Inc. Form 6-K (tm2134544d1_ex99-1.htm, filed 2021-12-03) ↗
Q2 2021Jun 30, 2021850+24.4%PDD Holdings Inc. Form 6-K (tm2125843d1_ex99-1.htm, filed 2021-08-25) ↗
Q1 2021Mar 31, 2021824+31.2%PDD Holdings Inc. Form 6-K (tm2217231d1_ex99-1.htm, filed 2022-05-31) ↗
Q4 2020Dec 31, 2020788+34.7%PDD Holdings Inc. Form 6-K (tm229947d1_ex99-1.htm, filed 2022-03-22) ↗
Q3 2020Sep 30, 2020731+36.4%PDD Holdings Inc. Form 6-K (tm2134544d1_ex99-1.htm, filed 2021-12-03) ↗
Q2 2020Jun 30, 2020683+41.4%PDD Holdings Inc. Form 6-K (tm2125843d1_ex99-1.htm, filed 2021-08-25) ↗
Q1 2020Mar 31, 2020628+41.7%PDD Holdings Inc. Form 6-K (tm2118049d1_ex99-1.htm, filed 2021-06-01) ↗
Q4 2019Dec 31, 2019585+39.8%PDD Holdings Inc. Form 6-K (a21-10044_1ex99d1.htm, filed 2021-03-18) ↗
Q3 2019Sep 30, 2019536+39.1%PDD Holdings Inc. Form 6-K (a20-35925_1ex99d1.htm, filed 2020-11-13) ↗
Q2 2019Jun 30, 2019483+40.6%PDD Holdings Inc. Form 6-K (a20-29170_1ex99d1.htm, filed 2020-08-24) ↗
Q1 2019Mar 31, 2019443+50.3%PDD Holdings Inc. Form 6-K (a20-20891_1ex99d1.htm, filed 2020-05-26) ↗
Q4 2018Dec 31, 2018419+71.0%PDD Holdings Inc. Form 6-K (a20-12514_1ex99d1.htm, filed 2020-03-12) ↗
Q3 2018Sep 30, 2018386+144.5%PDD Holdings Inc. Form 6-K (a19-23587_1ex99d1.htm, filed 2019-11-21) ↗
Q2 2018Jun 30, 2018344+244.6%PDD Holdings Inc. Form 6-K (a19-17467_1ex99d1.htm, filed 2019-08-22) ↗

Breakdown

What makes up 12-Month Active Buyers (Active Buyers TTM

Cite this data

StockData. (2026). PDD 12-Month Active Buyers (Active Buyers TTM (M), quarterly Q2 2017–Q1 2022 [Data set]. Compiled from PDD SEC filings and investor materials. https://stockdatahq.com/stocks/pdd/kpis/sec-ops-active-buyers-m-25

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