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Power Law company profile

PDD Holdings

eCommerce & Marketplaces · Huangpu, China · Founded 2015 · IPO 2018 Decacorn

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Valuation
$81B
Market cap · May/2026
Revenue
$59B
Latest reported FY
EBITDA
$17B
Latest reported FY

PDD Holdings is a multinational commerce group that owns and operates a portfolio of businesses

Investors

5 investors on PDD Holdings's cap table

Sourced from Dealroom's funding history. Investor profile links are shown where available.

Series A 1 investor entered at this stage
Banyan Capital Partners
Series B+ 4 investors entered at this stage
New Horizon Capital
Tencent
Cathay Innovation
Sequoia

Global footprint

Where PDD Holdings has talent and traffic

Workforce by country
🇨🇳 China · Huangpu HQ
Book a demo for the full country breakdown
Web traffic by country
14M monthly visits
across markets
🇨🇳 China85.4%
🇭🇰 Hong Kong6.5%
🇺🇸 United States1.5%
🇲🇾 Malaysia1.1%
🇹🇼 Taiwan0.7%
Top 5 markets shown

Patent intelligence

$7M patent portfolio · 113 active families

Estimated portfolio value
$7M
<0.01% of market cap · 3.4× the top peer Gopuff ($2M)
113 active patent families
Where PDD Holdings innovates Logistics managementElectronic equipmentDatabaseOperations researchIndustrial engineering

Where PDD Holdings concentrates vs peers

Each axis is a top-10 topic across PDD Holdings and its closest peers. #1 = 100, #10 = 10, absent = 0.

Compare against

Source: Dealroom Patent Intelligence · Patsnap. Request a demo for the full per-sub-category breakdown, individual records, and quality-score history.

Capital deployed

PDD Holdings's 3 investments and acquisitions.

Every disclosed deal where PDD Holdings appeared as a backer or acquirer, 2018–2022. Toggle between venture rounds, M&A, or both. The map below is grouped by the target company's sector — the colored pill on each chip is the round type.

Portfolio analysis

3 deals across PDD Holdings's capital deployment.

Where the deals concentrate by sector, stage, and decade.

By sectorCount
    By stageCount
      By periodCount

        01 · Deployment strategy vs peers

        Where PDD Holdings deploys vs peers

        Each axis is a Dealroom topic tag — picked from the cluster's most-tagged themes. Values are normalized per axis: the peer with the highest tag-coverage on that axis sits at the edge, others scale relative to them. Toggle between M&A, venture, or both.

        Compare against

        02 · Portfolio market map

        PDD Holdings's portfolio, mapped.

        Each chip is one company. Pill colour shows round type — green for Seed, blue for Series A, purple for B/C+, pink for late-stage, amber for M&A. Bigger sectors keep their full list behind “+ N more”.

        Stage
        Period
        3 of 3 deals

        Sentiment on X

        What X is saying about PDD Holdings

        An AI-synthesized read of the highest-engagement posts about PDD Holdings on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

        Reading the room on X — pulling top posts and synthesizing themes…

        Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

        See PDD Holdings on the full Dealroom platform

        Live deal flow, founder pedigree, hiring signals, revenue trajectory, and the full cap table.