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PDD (PDD) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

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

DateRevenueChange
2023-12-31$247.64B89.68%
2022-12-31$130.56B38.97%
2021-12-31$93.95B57.92%
2020-12-31$59.49B97.37%
2019-12-31$30.14B129.74%
2018-12-31$13.12B652.26%
2017-12-31$1.74B245.45%
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

DateRevenueChange
2024-03-31$86.81B-2.33%
2023-12-31$88.88B29.11%
2023-09-30$68.84B31.67%
2023-06-30$52.28B38.91%
2023-03-31$37.64B-5.48%
2022-12-31$39.82B12.16%
2022-09-30$35.50B12.93%
2022-06-30$31.44B32.13%
2022-03-31$23.79B-12.62%
2021-12-31$27.23B26.62%
2021-09-30$21.51B-6.68%
2021-06-30$23.05B3.97%
2021-03-31$22.17B-16.50%
2020-12-31$26.55B86.83%
2020-09-30$14.21B16.54%
2020-06-30$12.19B86.41%
2020-03-31$6.54B-39.39%
2019-12-31$10.79B43.64%
2019-09-30$7.51B3.07%
2019-06-30$7.29B60.39%
2019-03-31$4.55B-19.61%
2018-12-31$5.65B67.65%
2018-09-30$3.37B24.49%
2018-06-30$2.71B95.65%
2018-03-31$1.38B17.40%
2017-12-31$1.18B178.79%
2017-09-30$423.04M304.37%
2017-06-30$104.62M182.60%
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/ServiceDec 22Dec 21Dec 20Dec 19Dec 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/ServiceDec 20Sep 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

CountryDec 20Sep 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

TickerCompanyLast Year RevenueLast Quarter Revenue
JDJD$1.08T$260.05B
BABAAlibaba Group$941.17B$221.87B
AMZNAmazon$574.78B$158.88B
PDDPDD$247.64B$86.81B
VIPSVipshop$112.86B$27.65B
MELIMercadoLibre$14.47B$4.76B
SESea$13.08B$3.73B
BZUNBaozun$8.81B$1.98B
FTCHFarfetch$2.32B$572.09M
GLBEGlobal-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.