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9PDA

FSX
105 EUR
8.2
8.47%
Last update May 12, 8:02 PM CEST
Main market
Day range
101.5
106
Previous close
96.80000
Open
102
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PDD Holdings Inc.
105.00
8.20
8.47%

Overview

Description

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.

About

CEO
Mr. Lei Chen
Employees
12992
Address
25 Saint Stephens Green
First Floor, Dublin 2
Dublin, D02 XF99
Phone
353 1 539 7938
Website
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Internet Retail
Country
Germany
MIC code
XFRA
Main market

Exchange is currently active.
Closing in 9 hours 52 minutes

12:07
00:00
08:00
22:00
23:59

Trading Hours (Monday - Friday):

Main market
08:00 - 22:00
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