PDD
PDD Holdings Inc.
Stock
$75.38−1.12 (−1.46%)Close Oct 2, 2026
- Research and development, 2025
- CN¥16.5B
- YoY, 2025
- +30.3%
- 5-year CAGR
- +19.1%
Research and development
Research and development by fiscal year
| Period | R&D | YoY |
|---|---|---|
| 2025 | CN¥16.5B | +30.3% |
| 2024 | CN¥12.7B | +15.6% |
| 2023 | CN¥11.0B | +5.5% |
| 2022 | CN¥10.4B | +15.5% |
| 2021 | CN¥9.0B | +30.5% |
| 2020 | CN¥6.9B | +78.1% |
| 2019 | CN¥3.9B | +246.8% |
| 2018 | CN¥1.1B | +763.9% |
| 2017 | CN¥129M | +339.1% |
| 2016 | CN¥29M | — |