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. | ||
Founding Date | Founding Date 2007 | Founding Date 2015 | Founding Date 2007 |
Type | Type Subsidiary | Type Public | Type Public |
Tags | |||
Locations | Locations Shenzhen, CN HQ | Locations Shanghai, CN HQ | Locations London, GB HQ Lisboa, PT Los Angeles, US |
Employees | Employees 866 | Employees 23,46535% increase | Employees 6,728 |
Valuation ($) | Valuation ($) N/A | Valuation ($) 173.9 b | Valuation ($) 8.6 m |
Financial | |||
Revenue (est.) | Revenue (est.) N/A | Revenue (est.) ¥431.8b (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 $1.3b (FY, 2022) |
Gross profit | Gross profit N/A | Gross profit ¥243.6b (FY, 2025) | Gross profit $1b (FY, 2022) |
Net income | Net income N/A | Net income ¥97.7b (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 $1b (Q2, 2023) |
Funding | |||
Total funding raised | Total funding raised N/A | Total funding raised $ 1.7b | Total funding raised $ 951.5m |

Pinduoduo (formerly Walnut Street Group Holding) is a company operating a mobile e-commerce platform.
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