PDD Holdings (PDD) Market Capitalization (2018 - 2026)
PDD Holdings (PDD) reported Market Capitalization of $108.58 billion for the quarter ended Jun 30, 2026, down 25.5% from $145.7 billion a year earlier and down 25.3% from the prior quarter.
Powered by 
Analysis
PDD Holdings (PDD) Market Capitalization (2018 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, PDD Holdings posted Market Capitalization of $161.4 billion, up 19.5% from the prior year.
- Market Capitalization has a five-year compound annual growth rate of -6.0% (years ended Dec 2020 to Dec 2025).
- By year, Market Capitalization came in at $135.02 billion in the year ended Dec 31, 2024 (-32.9%), $201.3 billion in the year ended Dec 31, 2023 (+87.1%), $107.61 billion in the year ended Dec 31, 2022 (+46.0%) and $73.71 billion in the year ended Dec 31, 2021 (-66.5%).
- The figure for the quarter ended Jun 30, 2026 ranks as the lowest quarterly Market Capitalization since the quarter ended Jun 30, 2023.
- Year over year, Market Capitalization gained in three of the last eight quarters, with an average decline of 3.2%.
- The high point for year-over-year Market Capitalization in five years was the quarter ended Jun 30, 2024 (growth of 100.5%); the low point was the quarter ended Mar 31, 2022 (a decline of 69.4%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $145.44 billion (quarter ended Mar 31, 2026), $161.4 billion (quarter ended Dec 31, 2025) and $184 billion (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,139.30 Bn | 3,896.82 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,802.48 Bn | 1,505.00 Bn | 49.47 Bn |
| 3 | Netflix | 295.38 Bn | 255.58 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 253.00 Bn | 66.78 Bn | 15.11 Bn |
| 5 | Shopify | 219.40 Bn | 196.59 Bn | 1.71 Bn |
| 6 | Uber Technologies | 143.37 Bn | 115.17 Bn | 6.38 Bn |
| 7 | Booking Holdings | 125.53 Bn | 58.58 Bn | - |
| 8 | PDD Holdings | 113.03 Bn | -130.74 Bn | 9.45 Bn |
| 9 | Spotify Technology | 108.69 Bn | 66.19 Bn | 1.86 Bn |
| 10 | Airbnb | 102.92 Bn | 56.15 Bn | 2.98 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 108.58 Bn |
| Mar 31, 2026 | 145.44 Bn |
| Dec 31, 2025 | 161.40 Bn |
| Sep 30, 2025 | 184.00 Bn |
| Jun 30, 2025 | 145.70 Bn |
| Mar 31, 2025 | 164.76 Bn |
| Dec 31, 2024 | 135.02 Bn |
| Sep 30, 2024 | 185.48 Bn |
| Jun 30, 2024 | 182.92 Bn |
| Mar 31, 2024 | 159.95 Bn |
| Dec 31, 2023 | 201.30 Bn |
| Sep 30, 2023 | 129.41 Bn |
| Jun 30, 2023 | 91.24 Bn |
| Mar 31, 2023 | 100.16 Bn |
| Dec 31, 2022 | 107.61 Bn |
| Sep 30, 2022 | 79.13 Bn |
| Jun 30, 2022 | 78.14 Bn |
| Mar 31, 2022 | 50.71 Bn |
| Dec 31, 2021 | 73.71 Bn |
| Sep 30, 2021 | 112.31 Bn |
API Access
PDD Holdings Market Capitalization 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=market-capitalization&ticker=PDD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "ticker": "PDD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=market-capitalization&ticker=PDD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();