PDD Holdings’ financial health in 7 charts
Charts and visuals, only for subscribers
The remarkable thing about PDD Holdings’ website is how unremarkable it is. And yet, the company has made bold strides in ecommerce through its businesses. With Pinduoduo, it has become a formidable rival to Alibaba in China. With Temu, it has launched a bold bid to challenge Amazon and Shein globally.
While PDD Holdings’ unassuming founder, Colin Huang, stepped down from the company three years ago, it seems to have not lost its momentum.
Nevertheless, PDD Holdings has its work cut out. In this series of charts, which are updated every quarter, we’ll show you the progress that the company has made in fending off rivals while stamping its mark in ecommerce.
The visuals are interactive – tap on the legends to hide or show your desired metric, which are based on PDD Holdings’ quarterly earnings releases.
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PDD Holdings, the Chinese powerhouse behind ecommerce players Pinduoduo and Temu, grew its total Q3 revenue by 44% year on year.
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