All Brands Owned by PDD Holdings Inc.

Is Temu owned by another company?
Yes, Temu is owned and operated by PDD Holdings, a publicly traded Chinese e-commerce company listed on NASDAQ under the ticker PDD. PDD Holdings also operates Pinduoduo, one of China's largest e-commerce platforms. Temu was launched in September 2022 as PDD's international marketplace.

Is PDD Holdings publicly traded?
Yes, PDD Holdings is publicly traded on the NASDAQ stock exchange under the ticker symbol PDD. The company went public in July 2018 at $19 per share, raising $1.6 billion. Founder Colin Huang remains the largest shareholder.

What is PDD Holdings' annual revenue?
PDD Holdings reported FY2025 revenue of RMB 431.8 billion, equivalent to approximately $61.8 billion. This represented 10% growth from FY2024. Net income for FY2025 was RMB 99.4 billion ($14.2 billion), down 12% from the prior year due to higher reinvestment and marketing costs.

Who founded PDD Holdings?
Colin Huang founded PDD Holdings in 2015 as Pinduoduo. Huang was a serial entrepreneur who previously started an e-commerce company and a mobile gaming studio. He stepped down as chairman in 2021 but remains the largest shareholder.

How does Temu offer such low prices?
Temu connects manufacturers directly with consumers, eliminating intermediaries that add costs in traditional retail supply chains. Most products are shipped from factories in China. The platform also subsidizes prices through merchant commissions and advertising revenue. The end of the US de minimis exemption in 2025 has increased costs for shipments from China.

What regulatory challenges does Temu face?
Temu faces regulatory pressure in multiple markets. In the United States, the end of the de minimis exemption added tariff costs to shipments from China. The European Commission is investigating Temu under the Digital Services Act for counterfeit and unsafe products. In China, Pinduoduo has faced scrutiny over product quality and merchant practices.

How many people does PDD Holdings employ?
PDD Holdings employs approximately 13,000 people worldwide. The company's primary operations are in Shanghai, China, with additional offices in Dublin, Ireland, and Boston, Massachusetts, where Temu's international operations are based.