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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 8.3Yield –

PDD MAU Growth (% YoY Reported by Quarter

MAU Growth (% YoY Reported — Legacy FY2018–FY2022Q1) (%)

QuarterlyAnnual

PDD MAU Growth (% YoY Reported: 4.0% in Q1 2022, down 45.0 pts from a year earlier. No newer figure appears in the documents we track.

Latest, Q1 2022
4.0%
Period ended Mar 31, 2022
Change on a year earlier
-45.0 pts
49.0% in Q1 2021
History
16 quarters
Since Q2 2018
Sources
16
Documents cited below

Where the Q1 2022 figure comes from

“|| · | Average monthly active users 2 in the quarter was 751.3 million, an increase of 4% from 724.6 million in the same quarter of 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

PeriodEndedMAU Growth (% YoY Reported — Legacy FY2018–FY2022Q1) (%)Year on yearSource
Q1 2022Mar 31, 20224.0%-45.0 ptsPDD Holdings Inc. Form 6-K (tm2217231d1_ex99-1.htm, filed 2022-05-31) ↗
Q4 2021Dec 31, 20212.0%-48.0 ptsPDD Holdings Inc. Form 6-K (tm229947d1_ex99-1.htm, filed 2022-03-22) ↗
Q3 2021Sep 30, 202115.0%-35.0 ptsPDD Holdings Inc. Form 6-K (tm2134544d1_ex99-1.htm, filed 2021-12-03) ↗
Q2 2021Jun 30, 202130.0%-25.0 ptsPDD Holdings Inc. Form 6-K (tm2125843d1_ex99-1.htm, filed 2021-08-25) ↗
Q1 2021Mar 31, 202149.0%-19.0 ptsPDD Holdings Inc. Form 6-K (tm2118049d1_ex99-1.htm, filed 2021-06-01) ↗
Q4 2020Dec 31, 202050.0%-27.0 ptsPDD Holdings Inc. Form 6-K (a21-10044_1ex99d1.htm, filed 2021-03-18) ↗
Q3 2020Sep 30, 202050.0%-35.0 ptsPDD Holdings Inc. Form 6-K (a20-35925_1ex99d1.htm, filed 2020-11-13) ↗
Q2 2020Jun 30, 202055.0%-33.0 ptsPDD Holdings Inc. Form 6-K (a20-29170_1ex99d1.htm, filed 2020-08-24) ↗
Q1 2020Mar 31, 202068.0%-6.0 ptsPDD Holdings Inc. Form 6-K (a20-20891_1ex99d1.htm, filed 2020-05-26) ↗
Q4 2019Dec 31, 201977.0%-16.0 ptsPDD Holdings Inc. Form 6-K (a20-12514_1ex99d1.htm, filed 2020-03-12) ↗
Q3 2019Sep 30, 201985.0%-141.0 ptsPDD Holdings Inc. Form 6-K (a19-23587_1ex99d1.htm, filed 2019-11-21) ↗
Q2 2019Jun 30, 201988.0%-407.0 ptsPDD Holdings Inc. Form 6-K (a19-17467_1ex99d1.htm, filed 2019-08-22) ↗
Q1 2019Mar 31, 201974.0%–PDD Holdings Inc. Form 6-K (a19-10321_1ex99d1.htm, filed 2019-05-21) ↗
Q4 2018Dec 31, 201893.0%–PDD Holdings Inc. Form 6-K (a19-6538_1ex99d1.htm, filed 2019-03-15) ↗
Q3 2018Sep 30, 2018226.0%–PDD Holdings Inc. Form 6-K (a18-40503_1ex99d1.htm, filed 2018-11-20) ↗
Q2 2018Jun 30, 2018495.0%–PDD Holdings Inc. Form 6-K (a18-24123_1ex99d1.htm, filed 2018-08-31) ↗

Cite this data

StockData. (2026). PDD MAU Growth (% YoY Reported (%), quarterly Q2 2018–Q1 2022 [Data set]. Compiled from PDD SEC filings and investor materials. https://stockdatahq.com/stocks/pdd/kpis/sec-ops-mau-yoy-pct-26

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