SKU: PDD-2 Category:


PDD Holdings Inc. surpassed Wall Street’s revenue and earnings expectations, with total revenue reaching RMB 68.8 billion, marking a 94% year-on-year increase. Positioned as one of China’s largest e-commerce platforms, PDD observed a steady economic recovery and the resilience of the consumption market. In the third quarter, they responded to a growing demand for consumption upgrades by introducing impactful promotions like the Summer Carnival, Duo Duo Harvest Festival, National Brand Festival, and Duo Duo Reading Month. Key initiatives in Q3 focused on high-quality consumption by making affordable, quality products more accessible. PDD also collaborated with over 100 Chinese national brands for the National Goods Festival, promoting top brands through live streaming sessions. The RMB 10 billion program, along with large group buying and featured live stream events, contributed to the rapid growth of some national brands, emphasizing the symbiotic relationship between support measures and consumer demand. The company continued investments in supply chain capabilities in high-quality supply, empowering local manufacturing and agriculture producers. The agricultural cloud initiative brought digital solutions to boost the resilience and competitiveness of local supply chains, fostering the emergence of a new generation of growers and farmers.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

Want unlimited access to our reports? Purchase our $99 annual subscription!