Pinduoduo releases 2025 financial report: total annual revenue of 431.8 billion yuan

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Sina Technology News, March 25th evening, Pinduoduo released its latest financial report, with annual revenue of 431.8 billion yuan, a year-on-year increase of 10%, and net profit decreasing year-on-year. This is also Pinduoduo’s first financial report after implementing the co-chairman system. At the shareholder meeting in December last year, Pinduoduo announced an upgrade to its corporate governance structure, with Zhao Jiazhen and Chen Lei jointly serving as Group Co-Chairmen and Co-CEOs.

Zhao Jiazhen stated that 2026 marks a new starting point as we move to the next stage. We will invest more in the “hundred-billion support,” continue to focus on China’s supply chain, and believe that in the next three years, we will have the opportunity to recreate a Pinduoduo. (Yan Yan)

Massive information, precise interpretation, all on Sina Finance APP

Editor: Song Yafang

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