![]() Pinduoduo Pinduoduo (formerly Walnut Street Group Holding) is a company operating a mobile e-commerce platform. | |||
Founding Date | Founding Date 2015 | Founding Date 2015 | Founding Date 2013 |
Type | Type Public | Type Public | Type Private |
Tags | |||
Locations | Locations Shanghai, CN HQ | Locations Hangzhou, CN HQ | Locations Shanghai, CN HQ Wuhan Shi, CN |
Employees | Employees 23,46535% increase | Employees 363 | Employees 3,1482% increase |
Valuation ($) | Valuation ($) 173.9 b | Valuation ($) 9.8 m | Valuation ($) N/A |
Financial | |||
Revenue (est.) | Revenue (est.) ¥431.8b (FY, 2025) | Revenue (est.) ¥317m (FY, 2025) | Revenue (est.) N/A |
Cost of goods | Cost of goods ¥188.2b (FY, 2025) | Cost of goods ¥165m (FY, 2025) | Cost of goods N/A |
Gross profit | Gross profit ¥243.6b (FY, 2025) | Gross profit ¥159.6m (FY, 2025) | Gross profit N/A |
Net income | Net income ¥97.7b (FY, 2025) | Net income (¥136.9m) (FY, 2025) | Net income N/A |
Operating ⚠ | |||
Active Buyers | Active Buyers 385.5 m (Feb, 2019) | Active Buyers 23.2 m (FY, 2018) | Active Buyers N/A |
Gross Merchandise Volume | Gross Merchandise Volume $68.6b (Y, 2018) | Gross Merchandise Volume ¥3.5b (Q1, 2019) | Gross Merchandise Volume N/A |
Funding | |||
Total funding raised | Total funding raised $ 1.7b | Total funding raised N/A | Total funding raised $ 417.5m |

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