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Pinduoduo Inc ADR PDD Stock Quote

| Rating as of

NASDAQ: PDD

Last close prices updated as of Jan 27, 2023, 7:59 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 104.68
  • Sector Consumer Cyclical
  • Industry Internet Retail
  • Investment Style
  • Day Range 102.90  –  106.38
  • Year Range 23.21  –  106.38
  • Market Cap 132.3559 Bil
  • Volume / Avg 5.9 Mil /  11.3 Mil
  • Price / Sales 8.62
  • Price / Book 8.38
  • Forward Div Yield
  • Trailing Div Yield

Morningstar‘s Stock Analysis PDD

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Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Pinduoduo Is Well on Track To Meet Various Needs of Its Customers; Raising Our FVE by 25%

Business Strategy and Outlook

| Chelsey Tam |

Pinduoduo is a social e-commerce platform that encourages users to enjoy lower prices by teaming up to make purchases. Easier sharing of PDD deals with social contacts through Tencent’s social network lead to lower traffic acquisition costs versus peers. The firm focused on low-tier cities and white-label merchants, followed by the CNY 10 Billion Program launched in 2019 to subsidize consumers for higher-priced products such as Moutai, Apple iPhones, and agricultural products. PDD aims to offer good value across a wide range of categories and price points. To increase average revenue per user, PDD uses subsidies to induce consumers to make purchases in categories they haven't purchased in before. PDD's active buyers in the year ended March were 882 million, likely higher than that of Alibaba, though we estimate its spending per active user was 37% of Alibaba. CEO Chen Lei expressed his goal in March 2021 to continue subsidies so as to replace Alibaba as the shopping platform of choice for the 1 billion consumers in China.

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Key Statistics PDD

Company Profile PDD

Business Description

Pinduoduo is the third-largest e-commerce platform by gross merchandise volume and the largest platform by active buyer in China. In 2021, it achieved CNY 2,441.0 billion (USD 345 billion) of gross merchandise volume, and CNY 2,810 (USD 397) of annual spending per active buyer. It had 11.5 million active merchants in 2021 and 882 million active buyers in the year ended March 2022. It is one of the top-two players in next-day grocery self-collect services (similar to community group purchasing), where groups of consumers place fresh food and grocery orders online and collect at designated self-collect points the next day with the help of "group leaders" in each community.

Contact
No. 533 Loushanguan Road, 28th Floor, Changning District
Shanghai, 200051, CHN
Industry Internet Retail
Employees 9,762

FAQs for Pinduoduo Inc ADR Stock

No. PDD does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

PDD’s market cap is 132.36 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

PDD’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare PDD’s historical performance against its industry peers and the overall market.