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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 Total Orders (billion orders by Year

Total Orders (billion orders — legacy Form 20-F FY2017–FY2021)

PDD Total Orders (billion orders: 61 in FY2021, up 59.3% from a year earlier. No newer figure appears in the documents we track.

Latest, FY2021
61
Period ended Dec 31, 2021
Change on a year earlier
+59.3%
38 in FY2020
History
5 years
Since FY2017
Sources
3
Documents cited below

Where the FY2021 figure comes from

“We conduct our business primarily through our Pinduoduo mobile platform. Buyers come to our platform to browse, explore and purchase attractive value-for-money merchandise from third-party merchants. The scale of our sales volume attracted merchants to our platform, and encouraged them to offer more competitive prices and customized products and services to buyers. In 2021, the number of our active buyers and of our active merchants were approximately 868.7 million and 11.5 million, respectively. In 2019, 2020 and 2021, the number of total orders placed on our Pinduoduo mobile platform was 19.7 billion, 38.3 billion and 61.0 billion, respectively. Our platform offers “individual purchase” and “team purchase” options. A buyer who opts for the individual purchase option places the order or transacts with a merchant on an individual basis to get speedier order confirmation whereas team purchase buyers combine their purchase orders for a particular merchandise with other buyers to enjoy a lower price. Merchants on our platform typically require at least two buyers to team up in order to take advantage of the “team purchase” option. With the seamless integration of our platform with major social networks in China, our buyers can quickly and smoothly find other potential buyers to form teams either directly on our app or through sending team purchase invitations, or sharing product information or their Pinduoduo shopping experiences with their friends, family and social contacts. The act of sharing is then rewarded by the more attractive purchase price offered through the team purchase option. The embedded social element helps foster a highly engaged user base.”

Source: PDD Holdings Inc. Form 20-F (pdd-20211231x20f.htm, filed 2022-04-25) ↗

Annual history

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Cite this data

StockData. (2026). PDD Total Orders (billion orders, annual FY2017–FY2021 [Data set]. Compiled from PDD SEC filings and investor materials. https://stockdatahq.com/stocks/pdd/kpis/sec-ops-total-orders-b-31

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