PDD (PDD) revenue breakdown
By product, Online marketing services and others is the largest at 50% of fiscal 2024 revenue; Transaction services grew fastest, 133% a year over 7 years.
Revenue by product
Fiscal years, as PDD reports them in its 10-K filings; fiscal 2024 total $393.8B.
| Products | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Share |
|---|---|---|---|---|---|---|---|---|---|---|
| Online marketing services and others | — | $1.2B | $11.5B | $26.8B | $48.0B | $79.8B | $102.9B | $153.5B | $197.9B | 50% |
| Transaction services | — | $531M | $1.6B | $3.3B | $5.8B | $14.1B | $27.6B | $94.1B | $195.9B | 50% |
| Merchandise sales | — | — | — | — | $5.8B | — | — | — | — | — |
| Online marketplace services | $48M | — | — | — | — | — | — | — | — | — |
| Merchandise sales | $457M | $3M | — | — | — | — | — | — | — | — |
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Where does PDD make its money?
In fiscal 2024, by product: Online marketing services and others $197.9B, Transaction services $195.9B.
From PDD's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.