![]() Pinduoduo Pinduoduo (formerly Walnut Street Group Holding) is a company operating a mobile e-commerce platform. | ![]() Baiwancang Baiwancang (佰万仓商城) is the company that provides industrial procurement e-commerce platform. | ||||
Founding Date | Founding Date 2015 | Founding Date 2008 | Founding Date 2015 | Founding Date 2015 | Founding Date 2012 |
Type | Type Public | Type Private | Type Public | Type Private | Type Private |
Tags | |||||
Locations | Locations Hangzhou, CN HQ | Locations Thane, IN HQ Navi Mumbai, IN | Locations Shanghai, CN HQ | Locations CN HQ | Locations Richmond Hill, CA HQ |
Employees | Employees 363 | Employees 9301% increase | Employees 23,46535% increase | Employees N/A | Employees 18 |
Valuation ($) | Valuation ($) 9.8 m | Valuation ($) N/A | Valuation ($) 173.9 b | Valuation ($) N/A | Valuation ($) N/A |
Financial | |||||
Revenue (est.) | Revenue (est.) ¥317m (FY, 2025) | Revenue (est.) ₹6.3b (FY, 2017) | Revenue (est.) ¥431.8b (FY, 2025) | Revenue (est.) N/A | Revenue (est.) N/A |
Cost of goods | Cost of goods ¥165m (FY, 2025) | Cost of goods N/A | Cost of goods ¥188.2b (FY, 2025) | Cost of goods N/A | Cost of goods N/A |
Gross profit | Gross profit ¥159.6m (FY, 2025) | Gross profit N/A | Gross profit ¥243.6b (FY, 2025) | Gross profit N/A | Gross profit N/A |
Net income | Net income (¥136.9m) (FY, 2025) | Net income N/A | Net income ¥97.7b (FY, 2025) | Net income N/A | Net income N/A |
Operating ⚠ | |||||
Active Buyers | Active Buyers 23.2 m (FY, 2018) | Active Buyers N/A | Active Buyers 385.5 m (Feb, 2019) | Active Buyers N/A | Active Buyers N/A |
Gross Merchandise Volume | Gross Merchandise Volume ¥3.5b (Q1, 2019) | Gross Merchandise Volume N/A | Gross Merchandise Volume $68.6b (Y, 2018) | Gross Merchandise Volume N/A | Gross Merchandise Volume N/A |
Funding | |||||
Latest funding round | Latest funding round N/A | Latest funding round $ 51.7m (over 10 years ago) | Latest funding round N/A | Latest funding round $ 10m (over 6 years ago) | Latest funding round $ 78.1k (over 7 years ago) |
Total funding raised | Total funding raised N/A | Total funding raised $ 121.2m | Total funding raised $ 1.7b | Total funding raised $ 11m | Total funding raised $ 78.1k |

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Pinduoduo (formerly Walnut Street Group Holding) is a company operating a mobile e-commerce platform.
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Baiwancang (佰万仓商城) is the company that provides industrial procurement e-commerce platform.
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