PDD (PDD) Revenue & Revenue Breakdown
PDD Revenue Highlights
Latest Revenue (Y)
$247.64B
Latest Revenue (Q)
$86.81B
Main Segment (Y)
Online marketing services and others
PDD Revenue by Period
PDD Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $247.64B | 89.68% |
| 2022-12-31 | $130.56B | 38.97% |
| 2021-12-31 | $93.95B | 57.92% |
| 2020-12-31 | $59.49B | 97.37% |
| 2019-12-31 | $30.14B | 129.74% |
| 2018-12-31 | $13.12B | 652.26% |
| 2017-12-31 | $1.74B | 245.45% |
| 2016-12-31 | $504.86M | - |
PDD generated $247.64B in revenue during NA 2023, up 89.68% compared to the previous quarter, and up 1887.50% compared to the same period a year ago.
PDD Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $86.81B | -2.33% |
| 2023-12-31 | $88.88B | 29.11% |
| 2023-09-30 | $68.84B | 31.67% |
| 2023-06-30 | $52.28B | 38.91% |
| 2023-03-31 | $37.64B | -5.48% |
| 2022-12-31 | $39.82B | 12.16% |
| 2022-09-30 | $35.50B | 12.93% |
| 2022-06-30 | $31.44B | 32.13% |
| 2022-03-31 | $23.79B | -12.62% |
| 2021-12-31 | $27.23B | 26.62% |
| 2021-09-30 | $21.51B | -6.68% |
| 2021-06-30 | $23.05B | 3.97% |
| 2021-03-31 | $22.17B | -16.50% |
| 2020-12-31 | $26.55B | 86.83% |
| 2020-09-30 | $14.21B | 16.54% |
| 2020-06-30 | $12.19B | 86.41% |
| 2020-03-31 | $6.54B | -39.39% |
| 2019-12-31 | $10.79B | 43.64% |
| 2019-09-30 | $7.51B | 3.07% |
| 2019-06-30 | $7.29B | 60.39% |
| 2019-03-31 | $4.55B | -19.61% |
| 2018-12-31 | $5.65B | 67.65% |
| 2018-09-30 | $3.37B | 24.49% |
| 2018-06-30 | $2.71B | 95.65% |
| 2018-03-31 | $1.38B | 17.40% |
| 2017-12-31 | $1.18B | 178.79% |
| 2017-09-30 | $423.04M | 304.37% |
| 2017-06-30 | $104.62M | 182.60% |
| 2017-03-31 | $37.02M | - |
PDD generated $86.81B in revenue during Q1 2024, up -2.33% compared to the previous quarter, and up 218.01% compared to the same period a year ago.
PDD Revenue Breakdown
PDD Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 22 | Dec 21 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| Merchandise sales | $209.17M | $7.25B | - | - | - |
| Online marketing services and others | $102.72B | $72.56B | - | - | - |
| Transaction services | $27.63B | $14.14B | - | - | - |
| Merchandise Sales | - | - | $5.75B | - | - |
| Transaction Services | - | - | $5.79B | $3.33B | $1.60B |
| Online Marketing Services And Others | - | - | $47.95B | - | - |
| Marketplace Services | - | - | - | $30.14B | $13.12B |
| Online Marketing Services | - | - | - | $26.81B | $11.52B |
PDD's latest annual revenue breakdown by segment (product or service), as of Dec 22: Online marketing services and others (78.68%), Transaction services (21.16%), and Merchandise sales (0.16%).
Quarterly Revenue by Product
| Product/Service | Dec 20 | Sep 20 |
|---|---|---|
| Online Marketing Services And Others | $18.53B | $29.42B |
| Transaction Services | $2.27B | $3.52B |
PDD's latest quarterly revenue breakdown by segment (product or service), as of Dec 20: Online Marketing Services And Others (89.10%), and Transaction Services (10.90%).
PDD Revenue Breakdown by Country
Quarterly Revenue by Country
| Country | Dec 20 | Sep 20 |
|---|---|---|
| Online Marketing Services And Others | $18.53B | $29.42B |
| Transaction Services | $2.27B | $3.52B |
PDD's latest quarterly revenue breakdown by geography, as of Dec 20: Online Marketing Services And Others (89.10%), and Transaction Services (10.90%).
PDD Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| JD | JD | $1.08T | $260.05B |
| BABA | Alibaba Group | $941.17B | $221.87B |
| AMZN | Amazon | $574.78B | $147.98B |
| PDD | PDD | $247.64B | $86.81B |
| VIPS | Vipshop | $112.86B | $27.65B |
| MELI | MercadoLibre | $14.47B | $4.59B |
| SE | Sea | $13.08B | $3.73B |
| BZUN | Baozun | $8.81B | $1.98B |
| FTCH | Farfetch | $2.32B | $572.09M |
| GLBE | Global-e Online | $569.95M | $145.87M |
PDD Revenue FAQ
What is PDD’s yearly revenue?
PDD's yearly revenue for 2023 was $247.64B, representing an increase of 89.68% compared to 2022. The company's yearly revenue for 2022 was $130.56B, representing an increase of 38.97% compared to 2021. PDD's yearly revenue for 2021 was $93.95B, representing an increase of 57.92% compared to 2020.
What is PDD’s quarterly revenue?
PDD's quarterly revenue for Q1 2024 was $86.81B, a -2.33% decrease from the previous quarter (Q4 2023), and a 130.66% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $88.88B, a 29.11% increase from the previous quarter (Q3 2023), and a 123.21% increase year-over-year (Q4 2022). PDD's quarterly revenue for Q3 2023 was $68.84B, a 31.67% increase from the previous quarter (Q2 2023), and a 93.89% increase year-over-year (Q3 2022).
What is PDD’s revenue growth rate?
PDD's revenue growth rate for the last 3 years (2021-2023) was 163.59%, and for the last 5 years (2019-2023) was 721.58%.
What are PDD’s revenue streams?
PDD's revenue streams in c 22 are Merchandise sales, Online marketing services and others, and Transaction services. Merchandise sales generated $209.17M in revenue, accounting 0.16% of the company's total revenue, down -97.11% year-over-year. Online marketing services and others generated $102.72B in revenue, accounting 78.68% of the company's total revenue, up 41.56% year-over-year. Transaction services generated $27.63B in revenue, accounting 21.16% of the company's total revenue, up 95.37% year-over-year.
What is PDD’s main source of revenue?
For the fiscal year ending Dec 22, the largest source of revenue of PDD was Online marketing services and others. This segment made a revenue of $102.72B, representing 78.68% of the company's total revenue.