PDD Holdings Inc.
Close on Oct 19, 2026
About PDD
Services-Business Services, NEC, SIC 7389
PDD Holdings Inc. is a multinational commerce company that operates online marketplace platforms, primarily Pinduoduo and Temu, alongside the Duo Duo Grocery pick-up service. The company provides transaction processing and online marketing services, including display advertising and algorithmic search matching for product listings. Through its digital platforms, consumers purchase a wide range of merchandise and agricultural produce directly from sellers. PDD Holdings considers third-party merchants its primary customers, charging them service and transaction fees to promote and sell goods across its commercial network.
The company conducts commercial operations within China through contractual arrangements and serves consumers across international markets. Its global platform operates in North America, Europe, and Oceania, reaching countries such as the United States, Canada, the United Kingdom, France, Germany, Italy, and Japan. PDD Holdings maintains its principal executive offices in Dublin, Ireland.
Summary of the business section of PDD's latest annual report, written by StockData.
Company profile
Company
- Legal name
- PDD Holdings Inc.
- Founded
- 2015
- Headquarters
- Dublin 2, Ireland
- Address
- First Floor, 25 St Stephen'S Green
- Phone
- 353 1 5397938
- Website
- pddholdings.com
- Employees
- 25,474, Dec 31, 2025
- Industry
- Services-Business Services, NEC
- Incorporated in
- E9
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young Hua Ming LLP, Shanghai, the Peoples Republic of China
Stock & identifiers
- Ticker
- PDD
- Exchange
- Nasdaq
- IPO date
- Jul 26, 2018
- Shares outstanding
- 5.69B, Dec 31, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1737806
- CUSIP
- 722304102
- ISIN
- US7223041028
- LEI
- 5493000573DS7005T657
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Jiazhen Zhao | Co-Chief Executive Officer, Director | 64 |
| Lei (LC) Chen | Co-Chief Executive Office, Director | – |
| Mi Wang | SVP of Engineering | – |
| Jiong Li | Financial Director | – |
| Junyun Xiao | SVP of Operation | – |
| Zhenwei Zheng | SVP of Product Development | 281,739 |
| Jun Liu | VP of Finance | – |
| Anthony Ping Leung Kam | Director | 0 |
| George Yong-Boon Yeo | Director | 27,212 |
| Ivonne MCM Rietjens | Director | 0 |
| Haifeng Lin | Director | 36,982 |
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had a total of 25,474 employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Feb 3, 2023 | Name change | Name changed from Pinduoduo Inc. to PDD Holdings Inc. |
| Jul 26, 2018 | IPO | Initial public offering priced (424B4 prospectus) |
| Jul 16, 2018 | Listing | Registration of securities on an exchange (Form 8-A) |
| Jun 29, 2018 | Name change | Name changed from Walnut Street Group Holding Ltd to Pinduoduo Inc. |