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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 GMV YoY Growth (% YoY Reported by Quarter

12-Month GMV YoY Growth (% YoY Reported — Legacy FY2018–FY2021Q4) (%)

QuarterlyAnnual

PDD 12-Month GMV YoY Growth (% YoY Reported: 46.0% in Q4 2021, down 20.0 pts from a year earlier. That is the lowest of the 12 quarters on record here. No newer figure appears in the documents we track.

Latest, Q4 2021
46.0%
Period ended Dec 31, 2021
Change on a year earlier
-20.0 pts
66.0% in Q4 2020
History
12 quarters
Since Q2 2018
Sources
12
Documents cited below

Where the Q4 2021 figure comes from

“|| ● | GMV 1 in the twelve-month period ended December 31, 2021 was RMB2,441.0 billion (US$ 2 383.0 billion), an increase of 46% from RMB1,667.6 billion 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

PeriodEnded12-Month GMV YoY Growth (% YoY Reported — Legacy FY2018–FY2021Q4) (%)Year on yearSource
Q4 2021Dec 31, 202146.0%-20.0 ptsPDD Holdings Inc. Form 6-K (tm229947d1_ex99-1.htm, filed 2022-03-22) ↗
Q4 2020Dec 31, 202066.0%-47.0 ptsPDD Holdings Inc. Form 6-K (a21-10044_1ex99d1.htm, filed 2021-03-18) ↗
Q3 2020Sep 30, 202073.0%-71.0 ptsPDD Holdings Inc. Form 6-K (a20-35925_1ex99d1.htm, filed 2020-11-13) ↗
Q2 2020Jun 30, 202079.0%-92.0 ptsPDD Holdings Inc. Form 6-K (a20-29170_1ex99d1.htm, filed 2020-08-24) ↗
Q1 2020Mar 31, 2020108.0%-73.0 ptsPDD Holdings Inc. Form 6-K (a20-20891_1ex99d1.htm, filed 2020-05-26) ↗
Q4 2019Dec 31, 2019113.0%-121.0 ptsPDD Holdings Inc. Form 6-K (a20-12514_1ex99d1.htm, filed 2020-03-12) ↗
Q3 2019Sep 30, 2019144.0%-242.0 ptsPDD Holdings Inc. Form 6-K (a19-23587_1ex99d1.htm, filed 2019-11-21) ↗
Q2 2019Jun 30, 2019171.0%-412.0 ptsPDD Holdings Inc. Form 6-K (a19-17467_1ex99d1.htm, filed 2019-08-22) ↗
Q1 2019Mar 31, 2019181.0%–PDD Holdings Inc. Form 6-K (a19-10321_1ex99d1.htm, filed 2019-05-21) ↗
Q4 2018Dec 31, 2018234.0%–PDD Holdings Inc. Form 6-K (a19-6538_1ex99d1.htm, filed 2019-03-15) ↗
Q3 2018Sep 30, 2018386.0%–PDD Holdings Inc. Form 6-K (a18-40503_1ex99d1.htm, filed 2018-11-20) ↗
Q2 2018Jun 30, 2018583.0%–PDD Holdings Inc. Form 6-K (a18-24123_1ex99d1.htm, filed 2018-08-31) ↗

Cite this data

StockData. (2026). PDD 12-Month GMV YoY 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-gmv-ttm-yoy-pct-23

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