Current
$131B
5-Year Average
$141B
All-Time High
$243B
All-Time Low
$18.5B
Market cap daily chart for PDD Holdings (PDD)
Aug 2, 2021 – Jul 29, 2026 · 1,253 trading days
Market Cap history table for PDD Holdings (PDD) from 2018 to 2026
| 2026 | — | — | — | ||
| 2025 | — | — | — | ||
| 2024 | — | — | — | ||
| 2023 | — | — | — | ||
| 2022 | — | — | — | ||
| 2021 | — | — | — | ||
| 2020 | — | — | — | ||
| 2019 | — | — | — | ||
| 2018 | — | — | — |
- 2026——
- 2025——
- 2024——
- 2023——
- 2022——
- 2021——
- 2020——
- 2019——
- 2018——
Market Cap values are taken from PDD Holdings's reported income statements (share counts) and end-of-day prices (interim 6-K and annual 20-F filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts converted to USD using IAS 21 average exchange rates (P&L / cash flow) or closing rates (balance sheet). Originally filed in CNY.
About Market Cap at PDD Holdings (PDD)
According to PDD Holdings's latest reported financial statements, the company's latest reported market cap is $151B. Market capitalization is the total dollar value of all outstanding shares — shares outstanding × stock price — and the standard measure of a company's equity value. On this page, historical market cap snaps filing-period share counts to closing prices on or before each statement date (not intraday tick data).
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2026 reading of PDD Holdings (PDD) market cap is $131B – declined 22.2% year-over-year.
PDD Holdings market cap has grown on net over the period, with a +9.4% compound annual growth rate over 2021–2026 (5 years).
Between 2023 and 2026, PDD Holdings market cap plunged 38.8%, falling from $214B to $131B.
2023 marks the peak market cap at $214B, with the historical low of $16.7B recorded in 2018.
PDD Holdings Market Cap by Year
PDD Holdings Market Cap 2026: $131B
2026's market cap for PDD Holdings came in at $131B, declined 22.2% below 2025.
PDD Holdings Market Cap 2025: $168B
PDD Holdings posted market cap of $168B in 2025, grew 17.2% from 2024.
PDD Holdings Market Cap 2024: $143B
In 2024, PDD Holdings reported market cap of $143B, plunged 32.8% below 2023.
PDD Holdings Market Cap 2023: $214B
PDD Holdings market cap in 2023 was $214B, surged 81.9% from 2022. This figure represents the highest annual value in the available history.
PDD Holdings Market Cap 2022: $117B
PDD Holdings market cap in 2022 was $117B.
See more financial history for PDD Holdings (PDD).
Sector peers by Market Cap
Consumer Cyclical peers of PDD Holdings (PDD), ranked by their latest market cap
| $2.44T | |
| $1.18T | |
| $337B | |
| $276B | |
| $193B | |
| $179B | |
| $156B | |
| $121B |
- $2.44T
- $1.18T
- $337B
- $276B
- $193B
- $179B
Frequently asked questions
Test yourself on PDD
Market Cap — 10 rounds, every one of them PDD against another company. Leave whenever you like.
Practice run — it doesn’t move your skill rating and doesn’t touch the leaderboards. Misses do go into your review queue.
PDD Holdings (PDD) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
How this company returns cash to shareholders — buybacks, dividends, and stock splits.