Funded startup

Who invested in PDD Holdings

One round we have observed, with the 5 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

E-commerce

Funding summaryUpdated 26 Oct 2026

$1.1Braised across 1 round since 2020, from 1 source

Latest round
Round, $1.1BMar 2020
Investors
5
See who backed them

The rounds

  1. Mar 2020

Everyone who backed them

IDG CapitalPrivate equity1round
HSGVC firm1round
Hill House CapitalFamily office1round
Cathay InnovationVC firm1round
Cathay CapitalPrivate equity1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about PDD Holdings

Who invested in PDD Holdings?

PDD Holdings's investors include IDG Capital, HSG, Hill House Capital, Cathay Innovation and Cathay Capital.

How much has PDD Holdings raised?

PDD Holdings has raised $1.1B across 1 round since 2020.

When did PDD Holdings last raise?

PDD Holdings's most recent round was an Undisclosed round of $1.1B in Mar 2020.

What was PDD Holdings's biggest round?

Its most recent round, $1.1B in Mar 2020, is also its largest on record.

Who backed PDD Holdings first?

PDD Holdings's first round on record, in Mar 2020, was backed by IDG Capital, HSG and Hill House Capital and 2 others.

What stage is PDD Holdings at?

PDD Holdings's latest named round is an Undisclosed round, in Mar 2020.

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