Pinduoduo is an e-commerce platform that allows users to buy home appliances and groceries. Read more

38 Followers on Owler
38 Followers on Owler
38 Followers on Owler
38 Followers on Owler

Pinduoduo is an e-commerce platform that allows users to buy home appliances and groceries. Read more

Lei Chen's photo - CEO of Pinduoduo, Inc.

CEO

Lei Chen

CEO Approval Rating

90/100

Founded:

2015

Status:

PublicIndependent CompanyNASDAQPDD

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Alibaba Group is one of Pinduoduo, Inc.'s top competitors. Alibaba Group is a Public company that was founded in Hangzhou, Zhejiang Province in 1999. Alibaba Group is in the Logistics, Wholesalers & Retail Distributors field. Alibaba Group has 114,707 more employees vs. Pinduoduo, Inc..

Jingdong is perceived as one of Pinduoduo, Inc.'s biggest rivals. Jingdong was founded in 1998 in Central, Other. Jingdong operates in the Specialty Stores industry. Jingdong generates $89.1B more revenue than Pinduoduo, Inc..

Suning is a top competitor of Pinduoduo, Inc.. Suning's headquarters is in Nanjing, Jiangsu Province, and was founded in 1996. Suning competes in the Computer & Electronics Retail field. Suning generates 831% of Pinduoduo, Inc.'s revenue.

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Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$4.6B

Pinduoduo, Inc.'s revenue is the ranked 4th among it's top 10 competitors. The top 10 competitors average 24.7B. Over the last one quarters, Pinduoduo, Inc.'s revenue has decreased by 0%. Specifically, in Q1 2020's revenue was $923.8M.

Acquisitions

No recent acquisitions found related to Pinduoduo, Inc.

Pinduoduo, Inc. Funding History

$8M$118M$4.7B

Since Pinduoduo, Inc. was founded in 2015, it has participated in 4 rounds of funding. In total Pinduoduo, Inc. has raised $4.7B. Pinduoduo, Inc.'s last funding round was on Jul 2018 for a total of $1.6B

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Jul 2018
$1.6B

Series C
Apr 2018
$3B
Series B
Jul 2016
$110M
Series A
Aug 2015
$8M
-

Since Pinduoduo, Inc. was founded in 2015, it has participated in 4 rounds of funding. In total Pinduoduo, Inc. has raised $4.7B. Pinduoduo, Inc.'s last funding round was on Jul 2018 for a total of $1.6B

Investments

No recent investments found related to Pinduoduo, Inc.

Pinduoduo, Inc. News

January 6, 2021South China Morning Post

Pinduoduo faces growing PR storm over death of young worker after conflicting public statements on tragedy

China's social e-commerce giant Pinduoduo has found itself caught in a growing public relations crisi... See more »
January 4, 2021Benzinga

Pinduoduo Faces Scrutiny As Employee Dies Working Past Midnight

Pinduduo Inc (NASDAQ: PDD) is under scrutiny after an employee died after working past midnight last ... See more »
December 21, 2020FinanzNachrichten

Peak Enters Solution Provider and Data Sharing Partnership with e-Commerce Giant Pinduoduo to Service Up to 5.6M Online Stores

Montreal, Quebec--(Newsfile Corp. - December 21, 2020) - Peak Fintech Group Inc. (CSE: PKK) (OTCQX: P... See more »
December 16, 2020TechNode

Retailheads

Pinduoduo unveils its own payment tool, Nanjing market watchdog steps up regulation on community-base... See more »
December 1, 2020ChinaPulse

Chinese e-commerce platform Pinduoduo wants A.I. to grow our food

0 Pinduoduo , the Chinese e-commerce retailer that sells the whole lot from residence electronics to ... See more »
November 20, 2020TechNode

Pinduoduo to raise $6.1 billion in convertible note offering

Pinduoduo is jumping on strong investor sentiment following its positive Q3 earnings to raise cash fo... See more »

Pinduoduo, Inc. Press Releases

September 11, 2020GlobeNewswire

Pinduoduo CEO on What's Next for Chinese E-commerce in the Wake of the Coronavirus Pandemic

Coming on the heels of a global pandemic, newly appointed Pinduoduo CEO Chen Lei discusses how the e-... See more »
August 15, 2020StreetInsider

Pinduoduo, Inc. to Join the NASDAQ-100 Index Beginning August 24, 2020

NEW YORK, Aug. 14, 2020 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced that Pinduoduo, Inc... See more »
May 12, 2020centralcharts

Pinduoduo to Report First Quarter 2020 Unaudited Financial Results on May 22, 2020

SHANGHAI, China, May 12, 2020 (GLOBE NEWSWIRE) -- Pinduoduo Inc. ("Pinduoduo") (NASDAQ: PDD), an inno... See more »
May 20, 2019GlobeNewswire

Pinduoduo Announces First Quarter 2019 Unaudited Financial Results

SHANGHAI, China, May 20, 2019 (GLOBE NEWSWIRE) -- Pinduoduo Inc. ("Pinduoduo" or the "Company") (NASD... See more »
April 24, 2019GlobeNewswire

Pinduoduo Files Annual Report on Form 20-F for Fiscal Year 2018

SHANGHAI, China, April 24, 2019 (GLOBE NEWSWIRE) -- Pinduoduo Inc. ("Pinduoduo" or the "Company") (NA... See more »
March 13, 2019streetinsider

Pinduoduo Announces Fourth Quarter and Fiscal Year 2018 Results

SHANGHAI, China, March 13, 2019 (GLOBE NEWSWIRE) -- Pinduoduo Inc. ("Pinduoduo" or the "Company") (NA... See more »
February 19, 2019GlobeNewswire

Finger Motion Completes Beta Testing on China Unicom Platform with $3 Million Daily Gross Transaction Volume

PingDuoDuo completes beta test and went live on February 15, 2019PingDuoDuo completes beta test and w... See more »

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Headquarters

533 Loushanguan Rd. Arch Tower II, 28th Floor

Changning, Shanghai Municipality201500

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Summary

ABOUT

Overview

Pinduoduo is an e-commerce platform that allows users to buy home appliances and groceries. Pinduoduo, Inc. was founded in 2015. Pinduoduo, Inc.'s headquarters is located in Changning, Shanghai Municipality, CN 201500. It has raised 4.7B in 4 rounds. ...

CEO

Pinduoduo, Inc.'s CEO, Lei Chen, currently has an approval rating of 90%. Pinduoduo, Inc.'s primary competitors are Alibaba Group, Jingdong & Suning.

Website

pinduoduo.com

Frequently Asked Questions about Pinduoduo, Inc.

  1. When was Pinduoduo, Inc. founded?

    Pinduoduo, Inc. was founded in 2015
  2. Who is Pinduoduo, Inc.'s CEO?

    Pinduoduo, Inc.'s CEO is Lei Chen
  3. How much revenue does Pinduoduo, Inc. generate?

    Pinduoduo, Inc. generates $4.6B in revenue
  4. How much funding does Pinduoduo, Inc. have?

    Pinduoduo, Inc. has historically raised $4.7B in funding
  1. Where is Pinduoduo, Inc.'s headquarters?

    Pinduoduo, Inc.'s headquarters is in Changning Shanghai Municipality, CN
  2. How many employees does Pinduoduo, Inc. have?

    Pinduoduo, Inc. has 5,828 employees
  3. What sector does Pinduoduo, Inc. operate in?

    Pinduoduo, Inc. is in Application Software, E-commerce
  4. Who are Pinduoduo, Inc.'s competitors?

    Pinduoduo, Inc.'s top competitors are Alibaba Group, Jingdong, Suning