Shenzhen Global E-commerce Shenzhen Global E-commerce (深圳市环球易购电子商务有限公司) is a company that develops vertical e-commerce platforms. | ![]() Pinduoduo Pinduoduo (formerly Walnut Street Group Holding) is a company operating a mobile e-commerce platform. | ![]() Alibaba Group Alibaba Group Holding (阿里巴巴集团控股有限公司) is an e-commerce company that provides technology infrastructure and marketing services. | |||
Founding Date | Founding Date 2007 | Founding Date 2015 | Founding Date 1999 | Founding Date 2014 | Founding Date 2007 |
Type | Type Subsidiary | Type Public | Type Public | Type Public | Type Public |
Tags | |||||
Locations | Locations Shenzhen, CN HQ | Locations Shanghai, CN HQ | Locations Hong Kong, HK HQ Melbourne, AU Hangzhou, CN Hangzhou, CN Paris, FR Frankfurt Am Main, DE München, DE see more | Locations Hamburg, DE HQ | Locations London, GB HQ Lisboa, PT Los Angeles, US |
Employees | Employees 866 | Employees 23,46535% increase | Employees 124,32039% decrease | Employees 1,128 | Employees 6,728 |
Valuation ($) | Valuation ($) N/A | Valuation ($) 173.9 b | Valuation ($) N/A | Valuation ($) 594.6 m | Valuation ($) 8.6 m |
Financial | |||||
Revenue (est.) | Revenue (est.) N/A | Revenue (est.) ¥431.8b (FY, 2025) | Revenue (est.) ¥1t (FY, 2026) | Revenue (est.) €2b (FY, 2025) | Revenue (est.) $2.3b (FY, 2022) |
Cost of goods | Cost of goods N/A | Cost of goods ¥188.2b (FY, 2025) | Cost of goods ¥581.2b (FY, 2026) | Cost of goods €1.2b (FY, 2025) | Cost of goods $1.3b (FY, 2022) |
Gross profit | Gross profit N/A | Gross profit ¥243.6b (FY, 2025) | Gross profit ¥444.3b (FY, 2026) | Gross profit €835.3m (FY, 2025) | Gross profit $1b (FY, 2022) |
Net income | Net income N/A | Net income ¥97.7b (FY, 2025) | Net income ¥99.3b (FY, 2026) | Net income (€106.7m) (FY, 2025) | Net income $344.9m (FY, 2022) |
Operating ⚠ | |||||
Gross Merchandise Volume | Gross Merchandise Volume N/A | Gross Merchandise Volume $68.6b (Y, 2018) | Gross Merchandise Volume N/A | Gross Merchandise Volume N/A | Gross Merchandise Volume $1b (Q2, 2023) |
Funding | |||||
Total funding raised | Total funding raised N/A | Total funding raised $ 1.7b | Total funding raised $ 5.7b | Total funding raised $ 300m | Total funding raised $ 951.5m |

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