PDD Holdings Inc. American Depositary Shares

PDD Holdings Inc. is a leading technology-driven platform primarily focused on transforming the retail landscape with its innovative approach to e-commerce. The company's flagship marketplace, Pinduoduo, is renowned for its pioneering social commerce model, which integrates social media interactivity to drive group buying and competitive pricing. This unique model not only enhances user engagement but also facilitates greater market penetration within China, particularly among price-sensitive consumers. PDD Holdings Inc. plays a significant role in connecting millions of farmers and manufacturers with end consumers, often bypassing traditional distribution networks. This direct connection not only provides value for consumers seeking affordable options but also supports small and medium-sized enterprises by offering them access to a broader market. Headquartered in Shanghai, China, PDD Holdings Inc. is a testament to the dynamic and rapidly evolving Chinese e-commerce sector. As it continues to expand and innovate, the company has gained importance in the global market, not only as a major player in the e-commerce industry but also as a powerful force in fostering digital and economic transformation within its home country.