Market Cap for PDD Holdings (PDD)
According to PDD Holdings's latest reported financial statements, the company's latest reported market cap is $168.58B USD. 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 .

PDD
Currently viewingMarket CapSwitch metric
Latest period
$168.58B
YoY change
-13.9%
5Y CAGR
+11.7%
Peak year (2023)
$213.60B
Latest annual
$144.79B
Market Cap history chart for PDD Holdings (PDD) from 2018 to 2026
Market Cap history table for PDD Holdings (PDD) from 2018 to 2026
| Fiscal year | Period ended | Reported | Market Cap | YoY |
|---|---|---|---|---|
| 2026 | $144.79B | -13.9% | ||
| 2025 | $168.09B | +17.2% | ||
| 2024 | $143.46B | -32.8% | ||
| 2023 | $213.60B | +81.9% | ||
| 2022 | $117.46B | +41.0% | ||
| 2021 | $83.28B | -60.7% | ||
| 2020 | $211.80B | +384.1% | ||
| 2019 | $43.75B | +162.7% | ||
| 2018 | $16.65B | — |
Market Cap values are taken from PDD Holdings's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in CNY as filed.
Analysis
The 2026 reading of PDD Holdings (PDD) market cap is $144.79B – declined 13.9% year-over-year.
PDD Holdings market cap has recorded the values shown across consecutive periods, with a +11.7% compound annual growth rate over 2021–2026 (5 years).
Between 2023 and 2026, PDD Holdings market cap plunged 32.2%, falling from $213.60B to $144.79B.
2023 marks the peak market cap at $213.60B, with the historical low of $16.65B recorded in 2018.
Within Consumer Cyclical, PDD Holdings (PDD) ranks 7th among 8 peers we track. The peer median for market cap is $255.75B.
PDD Holdings Market Cap by Year
PDD Holdings Market Cap 2026: $144.79B
PDD Holdings market cap in 2026 was $144.79B, declined 13.9% below 2025.
PDD Holdings Market Cap 2025: $168.09B
PDD Holdings market cap in 2025 was $168.09B, grew 17.2% from 2024.
PDD Holdings Market Cap 2024: $143.46B
PDD Holdings market cap in 2024 was $143.46B, plunged 32.8% below 2023.
PDD Holdings Market Cap 2023: $213.60B
PDD Holdings market cap in 2023 was $213.60B, surged 81.9% from 2022. This figure represents the highest annual value in the available history.
PDD Holdings Market Cap 2022: $117.46B
PDD Holdings market cap in 2022 was $117.46B.
See more financial history for PDD Holdings (PDD).
Sector peers — Market Cap
Companies in the same sector as PDD Holdings, ranked by their latest market cap.
| Company | Market Cap | Sector |
|---|---|---|
| Amazon.com, Inc. (AMZN) | $2.83T | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $1.41T | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $327.75B | Consumer Cyclical |
| Alibaba Group Holding Limited (BABA) | $303.66B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $207.84B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $174.57B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $134.92B | Consumer Cyclical |
| Lowe's Companies, Inc. (LOW) | $134.59B | Consumer Cyclical |
Frequently asked questions
What is PDD Holdings's market cap?
- Latest reported market cap for PDD Holdings (PDD) is $168.58B (period ending December 31, 2025).
How has PDD Holdings market cap changed year-over-year?
- PDD Holdings (PDD) market cap changed -13.9% year-over-year on the latest annual filing.
What is the long-term growth rate of PDD Holdings market cap?
- PDD Holdings (PDD) market cap compound annual growth rate is +11.7% over the most recent 5 years available.
When did PDD Holdings market cap hit its highest annual value?
- PDD Holdings market cap reached its highest annual value of $213.60B in 2023.
What was PDD Holdings market cap in 2025?
- PDD Holdings (PDD) market cap in 2025 was $168.09B.
What was PDD Holdings market cap in 2026?
- PDD Holdings (PDD) market cap in 2026 was $144.79B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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