PDD Holdings (PDD) Market Capitalization (2018 - 2026)
PDD Holdings' (PDD) quarterly Market Capitalization came in at $108.6 billion in Q2 2026, down 25.48% year-over-year from $145.7 billion in Q2 2025, and down 25.35% quarter-over-quarter from $145.4 billion in Q1 2026.
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Analysis
PDD Holdings (PDD) Market Capitalization (2018 - 2026) Analysis & Trends
PDD Holdings has disclosed Market Capitalization across 9 years of filings, most recently posting $108.6 billion for Q2 2026.
- In Q2 2026, Market Capitalization fell 25.48% year-over-year to $108.6 billion; the TTM figure through Jun 2026 stood at $108.6 billion (down 25.48% YoY), while the FY2025 annual figure was $161.4 billion, up 19.53% from the prior year.
- Market Capitalization came in at $108.6 billion for Q2 2026 at PDD Holdings, down from $145.4 billion in the prior quarter.
- In the past five years, Market Capitalization ranged from a high of $201.3 billion in Q4 2023 to a low of $50.7 billion in Q1 2022.
- Average Market Capitalization over 5 years is $133.9 billion, with a median of $140.2 billion recorded in 2026.
- Year-over-year, Market Capitalization sank 69.42% in 2022 and jumped 100.49% in 2024.
- Over 5 years, Market Capitalization stood at $107.6 billion in 2022, then soared by 87.06% to $201.3 billion in 2023, then tumbled by 32.93% to $135.0 billion in 2024, then gained by 19.53% to $161.4 billion in 2025, then slumped by 32.73% to $108.6 billion in 2026.
- Per Business Quant data, the three most recent Market Capitalization figures were $108.6 billion in Q2 2026, $145.4 billion in Q1 2026, and $161.4 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,144.46 Bn | 3,901.99 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,981.30 Bn | 1,683.82 Bn | 49.47 Bn |
| 3 | Netflix | 296.22 Bn | 256.42 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 254.92 Bn | 72.79 Bn | 15.11 Bn |
| 5 | Shopify | 184.25 Bn | 161.43 Bn | 1.71 Bn |
| 6 | Uber Technologies | 142.00 Bn | 113.98 Bn | 6.38 Bn |
| 7 | Booking Holdings | 123.19 Bn | 56.24 Bn | - |
| 8 | PDD Holdings | 110.41 Bn | -141.52 Bn | 9.45 Bn |
| 9 | Spotify Technology | 104.89 Bn | 62.12 Bn | 1.86 Bn |
| 10 | AppLovin | 104.19 Bn | 94.23 Bn | 1.70 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();