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 SBC in Sales and Marketing (RMB million) by Year
SBC in Sales and Marketing (RMB million) (M)
PDD SBC in Sales and Marketing (RMB million): 2,001M in FY2025, down 9.7% from a year earlier.
Latest, FY2025
2,001
Period ended Dec 31, 2025
Change on a year earlier
-9.7%
2,217 in FY2024
History
9 years
Since FY2017
Sources
8
Documents cited below
Where the FY2025 figure comes from
“|| Sales and marketing expenses | 256,314 | 352,963 | 50,473 | 2,216,792 | 2,000,790 | 286,109”
Source: PDD Holdings Inc. Form 6-K (tm269789d1_ex99-1.htm, filed 2026-03-26) ↗
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | SBC in Sales and Marketing (RMB million) (M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 2,001 | -9.7% | PDD Holdings Inc. Form 6-K (tm269789d1_ex99-1.htm, filed 2026-03-26) ↗ |
| FY2024 | Dec 31, 2024 | 2,217 | -5.8% | PDD Holdings Inc. Form 6-K (tm269789d1_ex99-1.htm, filed 2026-03-26) ↗ |
| FY2023 | Dec 31, 2023 | 2,354 | +9.1% | PDD Holdings Inc. Form 6-K (tm259886d1_ex99-1.htm, filed 2025-03-20) ↗ |
| FY2022 | Dec 31, 2022 | 2,159 | +33.9% | PDD Holdings Inc. Form 6-K (tm249325d1_ex99-1.htm, filed 2024-03-21) ↗ |
| FY2021 | Dec 31, 2021 | 1,612 | +47.4% | PDD Holdings Inc. Form 6-K (tm2310024d1_ex99-1.htm, filed 2023-03-22) ↗ |
| FY2020 | Dec 31, 2020 | 1,094 | +27.0% | PDD Holdings Inc. Form 6-K (tm229947d1_ex99-1.htm, filed 2022-03-22) ↗ |
| FY2019 | Dec 31, 2019 | 861 | +112.1% | PDD Holdings Inc. Form 6-K (a21-10044_1ex99d1.htm, filed 2021-03-18) ↗ |
| FY2018 | Dec 31, 2018 | 406 | +23,770.6% | PDD Holdings Inc. Form 6-K (a20-12514_1ex99d1.htm, filed 2020-03-12) ↗ |
| FY2017 | Dec 31, 2017 | 1.70 | – | PDD Holdings Inc. Form 6-K (a19-6538_1ex99d1.htm, filed 2019-03-15) ↗ |
Cite this data
StockData. (2026). PDD SBC in Sales and Marketing (RMB million) (M), annual FY2017–FY2025 [Data set]. Compiled from PDD SEC filings and investor materials. https://stockdatahq.com/stocks/pdd/kpis/sec-sbc-sales-and-marketing-rmb-m-284
See every metric in the PDD KPI table. Data updated Oct 27, 2026.