Pinduoduo Inc. (PDD): Price and Financial Metrics
PDD Stock Summary
- Pinduoduo Inc's market capitalization of $156,160,248,998 is ahead of 98.7% of US-listed equities.
- With a one year PEG ratio of 655.98, Pinduoduo Inc is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than 93.68% of US stocks.
- Revenue growth over the past 12 months for Pinduoduo Inc comes in at 101.27%, a number that bests 94.79% of the US stocks we're tracking.
- If you're looking for stocks that are quantitatively similar to Pinduoduo Inc, a group of peers worth examining would be DHR, MDT, TMO, RDS.A, and IBM.
- Visit PDD's SEC page to see the company's official filings. To visit the company's web site, go to www.pinduoduo.com.
PDD Stock Price Chart Interactive Chart >
PDD Price/Volume Stats
|Current price||$133.32||52-week high||$212.60|
|Prev. close||$128.67||52-week low||$44.80|
|Day high||$136.18||Avg. volume||7,879,106|
|50-day MA||$154.97||Dividend yield||N/A|
|200-day MA||$125.59||Market Cap||163.49B|
Pinduoduo Inc. (PDD) Company Bio
Pinduoduo operates an e-commerce platform based on third-party social media channels. The company was founded in 2015 and is based in Shanghai, China.
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Latest PDD News From Around the Web
Below are the latest news stories about Pinduoduo Inc that investors may wish to consider to help them evaluate PDD as an investment opportunity.
(Bloomberg) -- The competition between Wang Xing’s Meituan and fellow tech billionaire Jack Ma’s Alibaba Group Holding Ltd. is turning into one of the great rivalries in Chinese business.While Alibaba is the dominant force in e-commerce with a global reputation, Wang, a generation younger, has built Meituan into a fearsome rival, the world’s largest delivery empire with ambitions to encroach on Alibaba’s home turf. There’s also years of bad blood between the two companies after an early alliance broke down.Now Wang, 42, has raised a record $10 billion to develop promising technologies like autonomous delivery vehicles and drone delivery to reduce labor costs and expand the footprint of Meituan’s food and e-commerce network. These investments, analysts say, will be key to supporting what...
(Bloomberg) -- Chinese delivery giant Meituan has raised $9.98 billion from a record top-up placement and a convertible bonds sale as it doubles down on efforts to fight the likes of Alibaba Group Holding Ltd. in newer areas such as online groceries.The nation’s third-largest internet company has sold 187 million shares in a top-up placement at HK$273.80 each, near the top end of its marketed range, and also raised $400 million from shareholder Tencent Holdings Ltd., according to terms of the deal obtained by Bloomberg News. The $7 billion new stock issuance is the largest-ever such sale by a Hong Kong-listed company, data compiled by Bloomberg show. Meituan has also sold $2.98 billion in zero-coupon convertible bonds.Meituan’s shares were volatile on Tuesday, trading up 1.2% as of 10:2...
Most of these stocks represent companies that have grown tremendously.
(Bloomberg) -- The full implications of Beijing’s rapid-fire moves against Jack Ma’s internet empire in recent days won’t be apparent for weeks, but one lesson is already clear: The glory days for China’s technology giants are over.The country’s government imprinted its authority indelibly on the country’s technology industry in the span of a few days. In landmark announcements, it slapped a record $2.8 billion fine on Alibaba Group Holding Ltd. for abusing its market dominance, then ordered an overhaul of Ant Group Co. On Tuesday, regulators summoned 34 of the country’s largest companies from Tencent Holdings Ltd. to TikTok owner ByteDance Ltd., warning them “the red line of laws cannot be touched.”The unspoken message to Ma and his cohorts was the decade of unfettered expansion that c...
(Bloomberg) -- Meituan, ByteDance Ltd. and JD.com Inc. were among 12 Chinese tech giants that issued pledges to obey antitrust laws, a day after Beijing gave the companies a month to conduct internal reviews and comply with government guidelines.Pinduoduo Inc., Baidu Inc. and Sina Weibo were also among firms that published their commitments in a statement on the website of State Administration For Market Regulation. The antitrust watchdog had summoned 34 companies to a meeting on Tuesday, ordering them to rectify their excesses and issue pledges to operate legally.Other firms will also issue statements over the next three days, SAMR said, calling on the public to help monitor the corporations and hold them to their word. The regulator had exhorted the tech giants to heed the example of ...
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