30 Amazing Pinduoduo Stats, Facts, Usage and Revenue

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Pinduoduo is a Chinese-based eCommerce firm and mobile-only marketplace. It connects millions of agricultural producers with consumers across China.

It aims to connect businesses and people to the digital economy and allow local communities to benefit from the convenience and increased productivity that its new market brings.

In this post, you’ll find everything you need to know, including Pinduoduo stats, user information, and revenue.

General Pinduoduo Stats and Facts

Pinduoduo Stats and Facts

  1. All of Pinduoduo’s revenue comes from the online marketplace services it provides
  2. You can access Pinduoduo via the WeChat messaging service
  3. In June 2019, Pinduoduo had 135 million daily, active users
  4. Average Pinduoduo users spent 3.67 times more in 2020 than in 2017
  5. In 2020, Pinduoduo organized an agricultural technology competition. One of the teams used machine learning-driven algorithms to grow strawberries remotely

Pinduoduo Market Share Statistics

  1. 5.1 million users sell their products on Pinduoduo
  2. In China, Pinduoduo is number three in the list of eCommerce platforms, behind Alibaba and JD.com
  3. 45% of Pinduoduo’s gross merchandising value (GMV) was from first and second-tier cities, according to a report in 2019
  4. Pinduoduo merchants have access to over 1 billion monthly users via the messaging service WeChat

Pinduoduo User Statistics

Pinduoduo User Statistics

  1. Pinduoduo had 643.4 million monthly active users as of Q3, 2020
  2. Over three years, the number of active users increased by 806.2%
  3. The annual spend of Pinduoduo buyers has increased by 75%
  4. 70% of Pinduoduo’s user base is female
  5. 70% of users live in tier-three cities
  6. Pinduoduo users between 25 and 40 years old make up 63.3% of the total users

Pinduoduo App Stats

  1. Pinduoduo is one of China’s top mobile shopping apps that allows people to launch group purchases with family, neighbors, and friends and take advantage of lower products
  2. Active buyers using the Pinduoduo app totaled 882 million in Q1, 2022
  3. In 2021, Pinduoduo received 61 billion orders on its mobile shopping platform

Pinduoduo Revenue Statistics

  1. Pinduoduo’s latest revenue figures are $4.62 billion or ¥30.141
  2. In Q4, 2019, this brands revenue hit $1.55 billion, which was an increase of 91%
  3. Over the 2017-2020 period, total revenues grew by 142%

Pinduoduo Stock Price Statistics and Pinduoduo Earnings

  1. When Pinduoduo went public on the NASDAQ in July 2018, its shares were $19 each
  2. By April 2020, the same shares closed at $50.11
  3. In December 2020, Pinduoduo’s share price was $165.53
  4. Pinduoduo became one of the worst performers in the S&P 500 in 2021

Additional Pinduoduo Statistics

  1. Pinduoduo was founded in 2015 by Colin Huang Zheng
  2. Shanghai, China, is where Pinduoduo has its headquarters
  3. The average Pinduo order value is $6
  4. In 2019, there were 19.7 billion orders made on Pinduoduo
  5. Pinduoduo uses a centralized AI approach to store and manages data generated on its platform

Conclusion

Pinduoduo is primarily aimed at Chinese-based companies. If you’re not based in China, you could have problems becoming a merchant on the platform.

Now you know a little bit more about this eCommerce platform, you’re in a better position to decide whether it’s worth exploring further.

The following resources were used when compiling these Pinduoduo statistics:

  • Influencer Marketing Hub
  • Statista
  • DMR
  • Investor Insights Asia
  • Insider Intelligence
  • China Internet Watch
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