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PDD Holdings Inc. (PDD): Cost of Revenue

Annual figures by period end, from SEC filings.

188.80B CNY
Year ended 2025-12-31
+81.7%
3-year compound annual growth
+57.8%
5-year compound annual growth
2016-12-31: 577.87M CNY2017-12-31: 722.83M CNY2018-12-31: 2.91B CNY2019-12-31: 6.34B CNY2020-12-31: 19.28B CNY2021-12-31: 31.72B CNY2022-12-31: 31.46B CNY2023-12-31: 91.72B CNY2024-12-31: 153.90B CNY2025-12-31: 188.80B CNY188.80B CNY
2016-12-31 Cost of Revenue (CNY) 2025-12-31
Period endedCost of RevenueChange YoYSource filing
2025-12-31188.80B CNY+22.7%2026-04-29, From 2025-01-01
2024-12-31153.90B CNY+67.8%2026-04-29, From 2024-01-01
2023-12-3191.72B CNY+191.5%2026-04-29, From 2023-01-01
2022-12-3131.46B CNY-0.8%2025-04-28, From 2022-01-01
2021-12-3131.72B CNY+64.5%2024-04-25, From 2021-01-01
2020-12-3119.28B CNY+204.1%2023-04-26, From 2020-01-01
2019-12-316.34B CNY+118.2%2022-04-25, From 2019-01-01
2018-12-312.91B CNY+301.9%2021-04-30, From 2018-01-01
2017-12-31722.83M CNY+25.1%2020-04-24, From 2017-01-01
2016-12-31577.87M CNYn/a2019-04-24, From 2016-01-01

Cost of Revenue at similar companies

Companies with the same SEC industry code (Services-Business Services, NEC), reporting in the same currency, closest in revenue. Each shows its own latest fiscal year, so period ends differ.

CompanyYear endedCost of RevenueChange YoY
PDD Holdings Inc. (PDD)2025-12-31188.80B CNY+22.7%
Alibaba Group Holding Ltd (BABA)2026-03-31616.14B CNY+3.0%
Trip.com Group Ltd (TCOM)2025-12-3112.12B CNY+21.3%
Uxin Ltd (UXIN)2025-12-313.02B CNYn/a
Zhihu Inc. (ZH)2025-12-311.10B CNY-22.3%
Quhuo Ltd (QH)2025-12-312.51B CNY-15.5%
36Kr Holdings Inc. (KRKR)2025-12-3196.44M CNY-18.8%
MOGU Inc. (MOGU)2026-03-3189.58M CNY+5.7%
Ucommune International Ltd (UK)2025-12-3126.87M CNY-66.0%

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