Overview
PDD Holdings is a multinational commerce group that owns and operates a portfolio of businesses supported by its sourcing, logistics and fulfilment network; Forbes records it was founded by Hua Lin Cai and Zheng Huang in 2015 and is headquartered in Dublin, Ireland.[2] Forbes records sales of US$60.1bn, up 9.9%, and profit of US$13.8bn, a margin of 23%, the highest in the ranking.[2] With 25,474 employees it generates about US$2.4m of sales per employee, more than any other company here.[2] Its market value of US$136.4bn is less than half of Alibaba’s despite a higher margin.[2]
PDD Holdings strengths and limitations
Strengths
- Highest profit margin in the ranking
- Highest sales per employee
- Fast-growing international business
Limitations
- Market value below Alibaba's despite higher margin
- Company description gives little segment detail
- Profit fell short of Alibaba's in absolute terms
Appears in
PDD Holdings peers and competitors
Companies ranked in the same lists as PDD Holdings.
- Amazon
Alimentation Couche-Tard
Jerónimo Martins- Dollar General
- J Sainsbury
Woolworths Group
Inditex- George Weston
- TJX Companies
- Seven & I Holdings
- AEON
- Albertsons
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