Pinduoduo

IPO

Together, More Savings, More Fun

Public · Shanghai, China · Founded 2015 · $4.2B raised

Headquarters
Shanghai
Employees
5001–10000
Founded
2015
Business Model
B2C
Total Funding
$4.2B
Last Round
$1.1B Private EquityMar 2020
Rounds
4
Type
Public

About

Pinduoduo is China's largest agriculture-focused e-commerce platform, connecting agricultural producers directly with consumers through a social group-buying model. Founded in 2015, it grew rapidly by leveraging WeChat social sharing to offer discounted prices when users shop together. It is the flagship platform of PDD Holdings, which also operates the global marketplace Temu.

Summary

Pinduoduo is an E-Commerce company based in Shanghai, China, founded in 2015. It has raised $4.2B in total across 4 rounds, most recently a $1.1B Private Equity round in Mar 2020. Investors include Tencent and Banyan Ventures.

Tech & App Stack

11 technologies & apps tracked

Every product and vendor across these categories, with where each signal came from.

Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.

Funding History

Sign up to view the funding chart

Create a free account with 25 free credits every month, no card needed, to unlock funding history, valuations, and tech stacks.

Private EquityPrivate Share PlacementMar 2020
$1.1B

Sign up to see all 5 rounds

Series A through Private Equity — per-round amounts, valuations, and who invested in each round.

Investors

Similar Companies

Your company? Embed this profile

Add the live badge to your site — it stays current as your funding data updates.

Pinduoduo on Indexed.vc
<a href="https://indexed.vc/companies/pinduoduo"><img src="https://indexed.vc/api/badge/company/pinduoduo" alt="Pinduoduo on Indexed.vc" width="260" height="76" /></a>