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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 Annual Spending per Active Buyer (RMB/buyer by Quarter

Annual Spending per Active Buyer (RMB/buyer — legacy FY2017–FY2021Q4)

QuarterlyAnnual

PDD Annual Spending per Active Buyer (RMB/buyer: 2,810 in Q4 2021, up 32.8% from a year earlier. That is the highest of the 16 quarters on record here. No newer figure appears in the documents we track.

Latest, Q4 2021
2,810
Period ended Dec 31, 2021
Change on a year earlier
+32.8%
2,115 in Q4 2020
History
16 quarters
Since Q2 2017
Sources
12
Documents cited below

Where the Q4 2021 figure comes from

“|| ● | Annual spending per active buyer 5 in the twelve-month period ended December 31, 2021 was RMB2,810.0 (US$441.0), an increase of 33% from RMB2,115.2 in the twelve-month period ended December 31, 2020.”

Source: PDD Holdings Inc. Form 6-K (tm229947d1_ex99-1.htm, filed 2022-03-22) ↗

Quarterly history

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

PeriodEndedAnnual Spending per Active Buyer (RMB/buyer — legacy FY2017–FY2021Q4)Year on yearSource
Q4 2021Dec 31, 20212,810+32.8%PDD Holdings Inc. Form 6-K (tm229947d1_ex99-1.htm, filed 2022-03-22) ↗
Q4 2020Dec 31, 20202,115+23.0%PDD Holdings Inc. Form 6-K (tm229947d1_ex99-1.htm, filed 2022-03-22) ↗
Q3 2020Sep 30, 20201,993+27.2%PDD Holdings Inc. Form 6-K (a20-35925_1ex99d1.htm, filed 2020-11-13) ↗
Q2 2020Jun 30, 20201,857+26.5%PDD Holdings Inc. Form 6-K (a20-29170_1ex99d1.htm, filed 2020-08-24) ↗
Q1 2020Mar 31, 20201,842+46.5%PDD Holdings Inc. Form 6-K (a20-20891_1ex99d1.htm, filed 2020-05-26) ↗
Q4 2019Dec 31, 20191,720+52.6%PDD Holdings Inc. Form 6-K (a21-10044_1ex99d1.htm, filed 2021-03-18) ↗
Q3 2019Sep 30, 20191,567+75.2%PDD Holdings Inc. Form 6-K (a20-35925_1ex99d1.htm, filed 2020-11-13) ↗
Q2 2019Jun 30, 20191,468+92.4%PDD Holdings Inc. Form 6-K (a20-29170_1ex99d1.htm, filed 2020-08-24) ↗
Q1 2019Mar 31, 20191,257+86.6%PDD Holdings Inc. Form 6-K (a20-20891_1ex99d1.htm, filed 2020-05-26) ↗
Q4 2018Dec 31, 20181,127+95.3%PDD Holdings Inc. Form 6-K (a20-12514_1ex99d1.htm, filed 2020-03-12) ↗
Q3 2018Sep 30, 2018894+99.1%PDD Holdings Inc. Form 6-K (a19-23587_1ex99d1.htm, filed 2019-11-21) ↗
Q2 2018Jun 30, 2018763+98.1%PDD Holdings Inc. Form 6-K (a19-17467_1ex99d1.htm, filed 2019-08-22) ↗
Q1 2018Mar 31, 2018674–PDD Holdings Inc. Form 6-K (a19-10321_1ex99d1.htm, filed 2019-05-21) ↗
Q4 2017Dec 31, 2017577–PDD Holdings Inc. Form 6-K (a19-6538_1ex99d1.htm, filed 2019-03-15) ↗
Q3 2017Sep 30, 2017449–PDD Holdings Inc. Form 6-K (a18-40503_1ex99d1.htm, filed 2018-11-20) ↗
Q2 2017Jun 30, 2017385–PDD Holdings Inc. Form 6-K (a18-24123_1ex99d1.htm, filed 2018-08-31) ↗

Breakdown

What makes up annual Spending per Active Buyer (RMB/buyer

Cite this data

StockData. (2026). PDD Annual Spending per Active Buyer (RMB/buyer, quarterly Q2 2017–Q4 2021 [Data set]. Compiled from PDD SEC filings and investor materials. https://stockdatahq.com/stocks/pdd/kpis/sec-ops-annual-spending-per-buyer-rmb-30

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