PDD Holdings Inc.
PDDNasdaqServices-Business Services, NECFiscal year ends December 31
$81.68+3.07 (+3.91%)
Close on Nov 2, 2026Market cap $116.26BP/E 8.3Yield –
PDD Class A Ordinary Shares Held by ADS Depositary
Class A Ordinary Shares Held by ADS Depositary (shares)
PDD Class A Ordinary Shares Held by ADS Depositary: 3,122,029,820 in FY2025, up 0.9% from a year earlier. That is the highest of the 8 years on record here.
Latest, FY2025
3,122,029,820
Period ended Dec 31, 2025
Change on a year earlier
+0.9%
3,094,169,820 in FY2024
History
8 years
Since FY2018
Sources
8
Documents cited below
Where the FY2025 figure comes from
“To our knowledge, as of March 18, 2026, a total of 3,122,029,820 Class A ordinary shares were held by one record holder in the United States, representing approximately 54.8% of our total outstanding shares. This record holder is Deutsche Bank Trust Company Americas, the depositary of our ADS program. The number of beneficial owners of our ADSs in the United States is likely to be much larger than the number of record holders of our ordinary shares in the United States.”
Source: PDD Holdings Inc. Form 20-F (pdd-20251231x20f.htm, filed 2026-04-29) ↗
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Class A Ordinary Shares Held by ADS Depositary (shares) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 3,122,029,820 | +0.9% | PDD Holdings Inc. Form 20-F (pdd-20251231x20f.htm, filed 2026-04-29) ↗ |
| FY2024 | Dec 31, 2024 | 3,094,169,820 | +9.5% | PDD Holdings Inc. Form 20-F (pdd-20241231x20f.htm, filed 2025-04-28) ↗ |
| FY2023 | Dec 31, 2023 | 2,825,941,920 | +16.9% | PDD Holdings Inc. Form 20-F (pdd-20231231x20f.htm, filed 2024-04-25) ↗ |
| FY2022 | Dec 31, 2022 | 2,418,018,928 | +36.6% | PDD Holdings Inc. Form 20-F (pdd-20221231x20f.htm, filed 2023-04-26) ↗ |
| FY2021 | Dec 31, 2021 | 1,770,530,320 | +17.0% | PDD Holdings Inc. Form 20-F (pdd-20211231x20f.htm, filed 2022-04-25) ↗ |
| FY2020 | Dec 31, 2020 | 1,513,856,176 | +37.4% | PDD Holdings Inc. Form 20-F (pdd-20201231x20f.htm, filed 2021-04-30) ↗ |
| FY2019 | Dec 31, 2019 | 1,101,729,676 | +8.5% | PDD Holdings Inc. Form 20-F (pdd-20191231x20f.htm, filed 2020-04-24) ↗ |
| FY2018 | Dec 31, 2018 | 1,014,958,144 | – | PDD Holdings Inc. Form 20-F (a19-5195_120f.htm, filed 2019-04-24) ↗ |
Cite this data
StockData. (2026). PDD Class A Ordinary Shares Held by ADS Depositary, annual FY2018–FY2025 [Data set]. Compiled from PDD SEC filings and investor materials. https://stockdatahq.com/stocks/pdd/kpis/sec-own-ads-depositary-shares-380
See every metric in the PDD KPI table. Data updated Oct 27, 2026.