PDD Holdings PDD
NASDAQ PDD
$79.29 +0.39 (+0.50%)
As of: Sep 21, 2026 · 3:59 PM EDT

PDD Holdings (PDD) Convertible Debt (2016 - 2024)

PDD Holdings' (PDD) quarterly Convertible Debt came in at $737.6 million in Q3 2024, up 231.41% year-over-year from $222.6 million in Q4 2023, and up 1.82% quarter-over-quarter from $724.4 million in Q2 2024.

Analysis

PDD Holdings (PDD) Convertible Debt (2016 - 2024) Analysis & Trends

PDD Holdings has disclosed Convertible Debt across 9 years of filings, most recently posting $737.6 million for Q3 2024.

  • In Q3 2024, Convertible Debt rose 231.41% year-over-year to $737.6 million; the TTM figure through Sep 2024 stood at $737.6 million (up 231.41% YoY), while the FY2023 annual figure was $736.8 million, up 222.52% from the prior year.
  • Convertible Debt came in at $737.6 million for Q3 2024 at PDD Holdings, up from $724.4 million in the prior quarter.
  • In the past five years, Convertible Debt ranged from a high of $2.2 billion in Q2 2022 to a low of $221.6 million in Q4 2022.
  • Average Convertible Debt over 5 years is $1.2 billion, with a median of $799.8 million recorded in 2020.
  • Year-over-year, Convertible Debt sank 89.95% in 2023 and surged 231.41% in 2024.
  • Over 5 years, Convertible Debt stood at $2.2 billion in 2020, then retreated by 15.33% to $1.8 billion in 2021, then tumbled by 87.98% to $221.6 million in 2022, then surged by 227.95% to $726.6 million in 2023, then advanced by 1.51% to $737.6 million in 2024.
  • Per Business Quant data, the three most recent Convertible Debt figures were $737.6 million in Q3 2024, $724.4 million in Q2 2024, and $725.8 million in Q1 2024.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Alibaba Group Holding 263.05 Bn 227.79 Bn 15.11 Bn
2 Booking Holdings 126.16 Bn 108.94 Bn 4.98 Bn
3 PDD Holdings 112.31 Bn 82.02 Bn 9.45 Bn
4 Airbnb 98.07 Bn 86.00 Bn 2.98 Bn
5 Mercadolibre 90.61 Bn 75.42 Bn 4.16 Bn
6 Ebay 49.77 Bn 46.46 Bn 2.30 Bn
7 Expedia 31.98 Bn 24.85 Bn 3.91 Bn
8 Maplebear 10.57 Bn 9.72 Bn 751.00 Mn
9 Full Truck Alliance 7.59 Bn 6.63 Bn -
10 Etsy 6.70 Bn 5.58 Bn 484.05 Mn
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2024 737.56 Mn
Jun 30, 2024 724.36 Mn
Mar 31, 2024 725.82 Mn
Dec 31, 2023 726.59 Mn
Sep 30, 2023 222.55 Mn
Jun 30, 2023 225.46 Mn
Mar 31, 2023 226.39 Mn
Dec 31, 2022 221.56 Mn
Sep 30, 2022 2.21 Bn
Jun 30, 2022 2.22 Bn
Mar 31, 2022 2.22 Bn
Dec 31, 2021 1.84 Bn
Sep 30, 2021 1.81 Bn
Jun 30, 2021 1.76 Bn
Mar 31, 2021 1.76 Bn
Dec 31, 2020 2.18 Bn
Sep 30, 2020 810.78 Mn
Jun 30, 2020 788.73 Mn
Dec 31, 2019 738.73 Mn
Sep 30, 2019 719.16 Mn
API Access

PDD Holdings Convertible Debt API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=convertible-debt&ticker=PDD&period=max&api_key=YOUR_API_KEY