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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 Spending per Buyer Growth (% YoY Reported by Quarter

Spending per Buyer Growth (% YoY Reported — Legacy FY2018–FY2021Q4) (%)

QuarterlyAnnual

PDD Spending per Buyer Growth (% YoY Reported: 33.0% in Q4 2021, up 10.0 pts from a year earlier. No newer figure appears in the documents we track.

Latest, Q4 2021
33.0%
Period ended Dec 31, 2021
Change on a year earlier
+10.0 pts
23.0% in Q4 2020
History
12 quarters
Since Q2 2018
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

PeriodEndedSpending per Buyer Growth (% YoY Reported — Legacy FY2018–FY2021Q4) (%)Year on yearSource
Q4 2021Dec 31, 202133.0%+10.0 ptsPDD Holdings Inc. Form 6-K (tm229947d1_ex99-1.htm, filed 2022-03-22) ↗
Q4 2020Dec 31, 202023.0%-30.0 ptsPDD Holdings Inc. Form 6-K (a21-10044_1ex99d1.htm, filed 2021-03-18) ↗
Q3 2020Sep 30, 202027.0%-48.0 ptsPDD Holdings Inc. Form 6-K (a20-35925_1ex99d1.htm, filed 2020-11-13) ↗
Q2 2020Jun 30, 202027.0%-65.0 ptsPDD Holdings Inc. Form 6-K (a20-29170_1ex99d1.htm, filed 2020-08-24) ↗
Q1 2020Mar 31, 202047.0%-40.0 ptsPDD Holdings Inc. Form 6-K (a20-20891_1ex99d1.htm, filed 2020-05-26) ↗
Q4 2019Dec 31, 201953.0%-42.0 ptsPDD Holdings Inc. Form 6-K (a20-12514_1ex99d1.htm, filed 2020-03-12) ↗
Q3 2019Sep 30, 201975.0%-24.0 ptsPDD Holdings Inc. Form 6-K (a19-23587_1ex99d1.htm, filed 2019-11-21) ↗
Q2 2019Jun 30, 201992.0%-6.0 ptsPDD Holdings Inc. Form 6-K (a19-17467_1ex99d1.htm, filed 2019-08-22) ↗
Q1 2019Mar 31, 201987.0%–PDD Holdings Inc. Form 6-K (a19-10321_1ex99d1.htm, filed 2019-05-21) ↗
Q4 2018Dec 31, 201895.0%–PDD Holdings Inc. Form 6-K (a19-6538_1ex99d1.htm, filed 2019-03-15) ↗
Q3 2018Sep 30, 201899.0%–PDD Holdings Inc. Form 6-K (a18-40503_1ex99d1.htm, filed 2018-11-20) ↗
Q2 2018Jun 30, 201898.0%–PDD Holdings Inc. Form 6-K (a18-24123_1ex99d1.htm, filed 2018-08-31) ↗

Cite this data

StockData. (2026). PDD Spending per Buyer Growth (% YoY Reported (%), quarterly Q2 2018–Q4 2021 [Data set]. Compiled from PDD SEC filings and investor materials. https://stockdatahq.com/stocks/pdd/kpis/sec-ops-annual-spending-per-buyer-yoy-pct-29

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