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Added to YB: 2025-12-09

Pitch date: 2025-12-03

PDD [neutral]

PDD Holdings Inc.

-29.67%

current return

Author Info

Walden 3 Research is a research account affiliated with Aroau Capital Holding. Sign up for the newsletter.

Company Info

PDD Holdings Inc., a multinational commerce group that owns and operates a portfolio of businesses. The company operates Pinduoduo platform, which provides various product categories and interactive shopping experiences; and Temu, an online platform, which enables merchants to streamline their manufacturing and commercial operations.

Market Cap

$801.2B

Pitch Price

$117.15

Price Target

N/A

Dividend

N/A

EV/EBITDA

3.70

P/E

8.72

EV/Sales

0.84

Sector

Broadline Retail

Category

growth

Show full summary:
Walden 3 Research | November Portfolio - PDD Holdings Inc.

PDD (holding update): Q3 rev 108B RMB (+9.4%), down 7% post-earnings. Chose ecosystem health over near-term ad revenue, reinvesting profits to support merchants & expand Temu globally. Semi-service model stabilizes ops, reduces tariff risk. Strategy widens gap vs BABA/ByteDance but creates volatility.

Read full article (1 min)