2022 Q4 Form 20-F Financial Statement

#000110465923049927 Filed on April 26, 2023

View on sec.gov

Income Statement

Concept 2022 Q4 2022 2021 Q4
Revenue $39.82B $130.6B $27.23B
YoY Change 46.23% 38.97% 2.57%
Cost Of Revenue $8.927B $31.46B $6.516B
YoY Change 37.01% -0.81% -43.47%
Gross Profit $30.89B $99.10B $20.72B
YoY Change 49.13% 59.24% 37.9%
Gross Profit Margin 77.58% 75.9% 76.07%
Selling, General & Admin $19.37B $58.31B $11.79B
YoY Change 64.38% 25.84% -22.04%
% of Gross Profit 62.71% 58.84% 56.89%
Research & Development $2.407B $10.38B $2.023B
YoY Change 18.99% 26.4% 3.67%
% of Gross Profit 7.79% 10.48% 9.76%
Depreciation & Amortization $234.2M
YoY Change -84.34%
% of Gross Profit 0.24%
Operating Expenses $21.78B $68.69B $13.81B
YoY Change 57.73% 24.14% -19.1%
Operating Profit $9.114B $30.40B $6.907B
YoY Change 31.95% 340.81% -437.42%
Interest Expense $1.237B $3.640B $676.3M
YoY Change 82.87% 69.38% 14.63%
% of Operating Profit 13.57% 11.97% 9.79%
Other Income/Expense, Net $168.8M $2.221B $115.1M
YoY Change 46.69% 238.49% 42.08%
Pretax Income $10.52B $36.26B $7.698B
YoY Change 36.64% 273.77% -659.47%
Income Tax $1.066B $4.726B $1.079B
% Of Pretax Income 10.13% 13.03% 14.01%
Net Earnings $9.454B $31.54B $6.620B
YoY Change 42.81% 305.96% -581.07%
Net Earnings / Revenue 23.74% 24.16% 24.31%
Basic Earnings Per Share $0.90
Diluted Earnings Per Share $1.63 $5.47 $1.160M
COMMON SHARES
Basic Shares Outstanding 5.058B
Diluted Shares Outstanding 5.761B

Balance Sheet

Concept 2022 Q4 2022 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $149.4B $149.4B $92.94B
YoY Change 60.78% 60.78% 6.87%
Cash & Equivalents $34.33B $34.33B $6.427B
Short-Term Investments $115.1B $115.1B $86.52B
Other Short-Term Assets $60.27B $60.27B $61.99B
YoY Change -2.77% -2.77% 12.34%
Inventory $14.20M
Prepaid Expenses $140.1M $1.393B
Receivables
Other Receivables $6.319B
Total Short-Term Assets $216.6B $216.6B $160.9B
YoY Change 34.62% 34.62% 7.61%
LONG-TERM ASSETS
Property, Plant & Equipment $2.461B $2.461B $3.142B
YoY Change -21.67% -21.67% 277.17%
Goodwill
YoY Change
Intangibles $19.43M $701.2M
YoY Change -97.23%
Long-Term Investments
YoY Change
Other Assets $17.91B $17.91B $16.46B
YoY Change 8.81% 8.81% 126.22%
Total Long-Term Assets $20.50B $20.50B $20.30B
YoY Change 0.99% 0.99% 116.31%
TOTAL ASSETS
Total Short-Term Assets $216.6B $216.6B $160.9B
Total Long-Term Assets $20.50B $20.50B $20.30B
Total Assets $237.1B $237.1B $181.2B
YoY Change 30.85% 30.85% 14.03%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $63.32B $63.32B $64.46B
YoY Change -1.78% -1.78% 17.26%
Accrued Expenses $21.56B $21.56B $6.029B
YoY Change 257.65% 257.65% -8.82%
Deferred Revenue
YoY Change
Short-Term Debt $13.89B $13.89B $0.00
YoY Change -100.0%
Long-Term Debt Due $13.89B $13.89B $0.00
YoY Change -100.0%
Total Short-Term Liabilities $116.9B $116.9B $93.73B
YoY Change 24.71% 24.71% 11.74%
LONG-TERM LIABILITIES
Long-Term Debt $1.576B $1.576B $11.79B
YoY Change -86.63% -86.63% -18.32%
Other Long-Term Liabilities $870.8M $870.8M $545.3M
YoY Change 59.7% 59.7% 30.44%
Total Long-Term Liabilities $2.447B $2.447B $12.33B
YoY Change -80.16% -80.16% -16.95%
TOTAL LIABILITIES
Total Short-Term Liabilities $116.9B $116.9B $93.73B
Total Long-Term Liabilities $2.447B $2.447B $12.33B
Total Liabilities $119.3B $119.3B $106.1B
YoY Change 12.49% 12.49% 7.46%
SHAREHOLDERS EQUITY
Retained Earnings $2.203B -$17.71B
YoY Change -112.44%
Common Stock $170.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $117.8B $117.8B $75.11B
YoY Change
Total Liabilities & Shareholders Equity $237.1B $237.1B $181.2B
YoY Change 30.85% 30.85% 14.03%

Cashflow Statement

Concept 2022 Q4 2022 2021 Q4
OPERATING ACTIVITIES
Net Income $9.454B $31.54B $6.620B
YoY Change 42.81% 305.96% -581.07%
Depreciation, Depletion And Amortization $234.2M
YoY Change -84.34%
Cash From Operating Activities $26.55B $48.51B $16.40B
YoY Change 61.89% 68.53% 9.72%
INVESTING ACTIVITIES
Capital Expenditures $635.7M
YoY Change -119.34%
Acquisitions
YoY Change
Other Investing Activities -$8.560B -$22.36B -$12.69B
YoY Change -32.56% -30.72% -52.33%
Cash From Investing Activities -$8.560B -$22.36B -$12.69B
YoY Change -32.56% -37.12% -52.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 9.079M 10.08M 193.0K
YoY Change 4604.15% -100.54% -100.0%
NET CHANGE
Cash From Operating Activities 26.55B 48.51B 16.40B
Cash From Investing Activities -8.560B -22.36B -12.69B
Cash From Financing Activities 9.079M 10.08M 193.0K
Net Change In Cash 18.00B 26.16B 3.707B
YoY Change 385.49% -402.23% -87.84%
FREE CASH FLOW
Cash From Operating Activities $26.55B $48.51B $16.40B
Capital Expenditures $635.7M
Free Cash Flow $47.87B
YoY Change 49.27%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2022 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2022 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2022 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
true
CY2020 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0
CY2021 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0
CY2022 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
8553000
CY2022 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2022 dei Document Accounting Standard
DocumentAccountingStandard
U.S. GAAP
CY2022 dei Entity Address Address Line1
EntityAddressAddressLine1
First Floor, 25 St Stephen’s Green
CY2022 dei Entity Address City Or Town
EntityAddressCityOrTown
Dublin 2
CY2022 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
D02 XF99
CY2022 dei Entity Address Country
EntityAddressCountry
IE
CY2022 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2022 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2022 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2022 dei Entity Shell Company
EntityShellCompany
false
CY2022 dei Auditor Firm
AuditorFirmId
1408
CY2022 dei Auditor Name
AuditorName
Ernst & Young Hua Ming LLP
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
151489000
CY2022 dei Auditor Location
AuditorLocation
Shanghai, the People’s Republic of China
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6426715000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
34326192000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4976830000
CY2021Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
59617256000
CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
57974225000
CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
8405473000
CY2021Q4 pdd Receivables From Online Payment Platforms Current
ReceivablesFromOnlinePaymentPlatformsCurrent
673737000
CY2022Q4 pdd Receivables From Online Payment Platforms Current
ReceivablesFromOnlinePaymentPlatformsCurrent
587696000
CY2022Q4 pdd Receivables From Online Payment Platforms Current
ReceivablesFromOnlinePaymentPlatformsCurrent
85208000
CY2021Q4 us-gaap Short Term Investments
ShortTermInvestments
86516618000
CY2022Q4 us-gaap Short Term Investments
ShortTermInvestments
115112554000
CY2022Q4 us-gaap Short Term Investments
ShortTermInvestments
16689751000
CY2021Q4 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
4250155000
CY2022Q4 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
6318830000
CY2022Q4 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
916144000
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3424687000
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2298379000
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
333235000
CY2021Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2022 dei Entity Central Index Key
EntityCentralIndexKey
0001737806
CY2022 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2022 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
CY2022 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2022 dei Amendment Flag
AmendmentFlag
false
CY2022 dei Document Type
DocumentType
20-F
CY2022 dei Document Registration Statement
DocumentRegistrationStatement
false
CY2022 dei Document Annual Report
DocumentAnnualReport
true
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-12-31
CY2022 dei Document Transition Report
DocumentTransitionReport
false
CY2022 dei Document Shell Company Report
DocumentShellCompanyReport
false
CY2022 dei Entity File Number
EntityFileNumber
001-38591
CY2022 dei Entity Registrant Name
EntityRegistrantName
PDD Holdings Inc.
CY2022 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
E9
CY2021Q4 us-gaap Assets Current
AssetsCurrent
160909168000
CY2022Q4 us-gaap Assets Current
AssetsCurrent
216617876000
CY2022Q4 us-gaap Assets Current
AssetsCurrent
31406641000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2203323000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1044847000
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
13025000
CY2021Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
31291000
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
701220000
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
134002000
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
19428000
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
938537000
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1416081000
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
205312000
CY2021Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
31504000
CY2022Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
1045030000
CY2022Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
151515000
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
16425966000
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
16862117000
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2444777000
CY2021Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
20300550000
CY2022Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
20502077000
CY2022Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
2972521000
CY2021Q4 us-gaap Assets
Assets
181209718000
CY2022Q4 us-gaap Assets
Assets
237119953000
CY2022Q4 us-gaap Assets
Assets
34379162000
CY2021Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
1963007000
CY2022Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
1676391000
CY2022Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
243054000
CY2021Q4 pdd Advances To Customer And Deferred Revenue Current
AdvancesToCustomerAndDeferredRevenueCurrent
1166764000
CY2022Q4 pdd Advances To Customer And Deferred Revenue Current
AdvancesToCustomerAndDeferredRevenueCurrent
1389655000
CY2022Q4 pdd Advances To Customer And Deferred Revenue Current
AdvancesToCustomerAndDeferredRevenueCurrent
201481000
CY2021Q4 pdd Payable To Merchants Current
PayableToMerchantsCurrent
62509714000
CY2022Q4 pdd Payable To Merchants Current
PayableToMerchantsCurrent
63316695000
CY2022Q4 pdd Payable To Merchants Current
PayableToMerchantsCurrent
9180058000
CY2021Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
14085513000
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
20960723000
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
3039019000
CY2021Q4 us-gaap Deposit Liability Current
DepositLiabilityCurrent
13577552000
CY2022Q4 us-gaap Deposit Liability Current
DepositLiabilityCurrent
15058229000
CY2022Q4 us-gaap Deposit Liability Current
DepositLiabilityCurrent
2183238000
CY2022Q4 us-gaap Convertible Debt Current
ConvertibleDebtCurrent
13885751000
CY2022Q4 us-gaap Convertible Debt Current
ConvertibleDebtCurrent
2013245000
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
427164000
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
602036000
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
87287000
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
93729714000
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
116889480000
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
16947382000
CY2021Q4 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
11788907000
CY2022Q4 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
1575755000
CY2022Q4 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
228463000
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
544263000
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
870782000
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
126252000
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
1888000
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
996000
CY2021Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
12365457000
CY2022Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
2459562000
CY2022Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
356603000
CY2021Q4 us-gaap Liabilities
Liabilities
106095171000
CY2022Q4 us-gaap Liabilities
Liabilities
119349042000
CY2022Q4 us-gaap Liabilities
Liabilities
17303985000
CY2021Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
95340819000
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
99250468000
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
14389965000
CY2022Q4 us-gaap Statutory Accounting Practices Statutory Capital And Surplus Balance
StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
5000000
CY2022Q4 us-gaap Statutory Accounting Practices Statutory Capital And Surplus Balance
StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
725000
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2519900000
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
3322238000
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
481679000
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-17706533000
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
15193035000
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2202783000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
75114547000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
117770911000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
17075177000
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
181209718000
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
237119953000
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
34379162000
CY2020 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
0
CY2021 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
0
CY2022 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
10765000
CY2022 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
1561000
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
59491865000
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
93949939000
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
130557589000
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
18929071000
CY2020 us-gaap Cost Of Revenue
CostOfRevenue
19278641000
CY2021 us-gaap Cost Of Revenue
CostOfRevenue
31718093000
CY2022 us-gaap Cost Of Revenue
CostOfRevenue
31462298000
CY2022 us-gaap Cost Of Revenue
CostOfRevenue
4561604000
CY2020 us-gaap Gross Profit
GrossProfit
40213224000
CY2021 us-gaap Gross Profit
GrossProfit
62231846000
CY2022 us-gaap Gross Profit
GrossProfit
99095291000
CY2022 us-gaap Gross Profit
GrossProfit
14367467000
CY2020 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
41194599000
CY2021 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
44801720000
CY2022 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
54343719000
CY2022 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
7879099000
CY2020 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1507297000
CY2021 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1540774000
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3964935000
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
574862000
CY2020 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
6891653000
CY2021 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
8992590000
CY2022 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
10384716000
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.90
CY2022 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1505642000
CY2020 us-gaap Operating Expenses
OperatingExpenses
49593549000
CY2021 us-gaap Operating Expenses
OperatingExpenses
55335084000
CY2022 us-gaap Operating Expenses
OperatingExpenses
68693370000
CY2022 us-gaap Operating Expenses
OperatingExpenses
9959603000
CY2020 us-gaap Operating Income Loss
OperatingIncomeLoss
-9380325000
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
6896762000
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
30401921000
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
4407864000
CY2020 us-gaap Investment Income Interest
InvestmentIncomeInterest
2455366000
CY2021 us-gaap Investment Income Interest
InvestmentIncomeInterest
3061662000
CY2022 us-gaap Investment Income Interest
InvestmentIncomeInterest
3997100000
CY2022 us-gaap Investment Income Interest
InvestmentIncomeInterest
579525000
CY2020 us-gaap Interest Expense
InterestExpense
757336000
CY2021 us-gaap Interest Expense
InterestExpense
1231002000
CY2022 us-gaap Interest Expense
InterestExpense
51655000
CY2022 us-gaap Interest Expense
InterestExpense
7489000
CY2020 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
225197000
CY2021 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
71750000
CY2022 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-149710000
CY2022 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-21706000
CY2020 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
193702000
CY2021 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
656255000
CY2022 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2221358000
CY2022 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
322066000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-7263396000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
9455427000
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
36419014000
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
5280260000
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1933585000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4725667000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
685157000
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
83654000
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
246828000
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-155285000
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-22514000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-7179742000
CY2021 us-gaap Net Income Loss
NetIncomeLoss
7768670000
CY2022 us-gaap Net Income Loss
NetIncomeLoss
31538062000
CY2022 us-gaap Net Income Loss
NetIncomeLoss
4572589000
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-7179742000
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
7768670000
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
31538062000
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
4572589000
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.51
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.55
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.24
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.51
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.36
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.48
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.79
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4768343300
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5012651334
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5057540124
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5057540124
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4768343300
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5713764297
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5761291439
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5761291439
CY2020 us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
0
CY2021 us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
0
CY2022 us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
0
CY2020 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-2495958000
CY2021 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-1472172000
CY2022 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
5860304000
CY2022 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
849664000
CY2022 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-18166000
CY2022 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-2634000
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-2495958000
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1472172000
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
5842138000
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
847030000
CY2020 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-9675700000
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
6296498000
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
37380200000
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
5419619000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
24646866000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-7179742000
CY2020 pdd Other Comprehensive Income Foreign Currency Transaction And Translation Adjustments Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentsNetOfTaxPortionAttributableToParent
-2495958000
CY2020 pdd Issuance Of Value Ordinary Shares For Private Placement
IssuanceOfValueOrdinarySharesForPrivatePlacement
11063339000
CY2020 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
26805438000
CY2020 pdd Adjustments To Additional Paid In Capital Conversion Of Convertible Bonds Shares To Ordinary Shares
AdjustmentsToAdditionalPaidInCapitalConversionOfConvertibleBondsSharesToOrdinaryShares
317542000
CY2020 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt
3405360000
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3613043000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
60175888000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
60175888000
CY2021 us-gaap Net Income Loss
NetIncomeLoss
7768670000
CY2021 pdd Other Comprehensive Income Foreign Currency Transaction And Translation Adjustments Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentsNetOfTaxPortionAttributableToParent
-1472172000
CY2021 pdd Adjustments To Additional Paid In Capital Conversion Of Convertible Bonds Shares To Ordinary Shares
AdjustmentsToAdditionalPaidInCapitalConversionOfConvertibleBondsSharesToOrdinaryShares
3867056000
CY2021 pdd Share Based Stock Awards Exercised In Period
ShareBasedStockAwardsExercisedInPeriod
375000
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4774730000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
75114547000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
75114547000
CY2022 us-gaap Net Income Loss
NetIncomeLoss
31538062000
CY2022 pdd Other Comprehensive Income Foreign Currency Transaction And Translation Adjustments Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentsNetOfTaxPortionAttributableToParent
5724208000
CY2022 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-18166000
CY2022 pdd Share Based Stock Awards Exercised In Period
ShareBasedStockAwardsExercisedInPeriod
10219000
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
7718365000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
117770911000
CY2022 pdd Investments Fair Value Adjustments
InvestmentsFairValueAdjustments
35121000
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
5188000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
17075177000
CY2020 us-gaap Profit Loss
ProfitLoss
-7179742000
CY2021 us-gaap Profit Loss
ProfitLoss
7768670000
CY2022 us-gaap Profit Loss
ProfitLoss
31538062000
CY2022 us-gaap Profit Loss
ProfitLoss
4572589000
CY2020 us-gaap Interest Expense
InterestExpense
757336000
CY2021 us-gaap Interest Expense
InterestExpense
1231002000
CY2022 us-gaap Interest Expense
InterestExpense
51655000
CY2022 us-gaap Interest Expense
InterestExpense
7489000
CY2020 pdd Provision For Credit Losses On Investments
ProvisionForCreditLossesOnInvestments
43434000
CY2021 pdd Provision For Credit Losses On Investments
ProvisionForCreditLossesOnInvestments
49300000
CY2022 pdd Provision For Credit Losses On Investments
ProvisionForCreditLossesOnInvestments
118384000
CY2022 pdd Provision For Credit Losses On Investments
ProvisionForCreditLossesOnInvestments
17164000
CY2020 us-gaap Depreciation And Amortization
DepreciationAndAmortization
651523000
CY2021 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1495380000
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
2224169000
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
322474000
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-213000
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1028586000
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-149131000
CY2020 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
148945000
CY2021 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
348863000
CY2022 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
510915000
CY2022 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
74076000
CY2020 us-gaap Interest Income Operating
InterestIncomeOperating
469486000
CY2021 us-gaap Interest Income Operating
InterestIncomeOperating
146972000
CY2022 us-gaap Interest Income Operating
InterestIncomeOperating
606447000
CY2022 us-gaap Interest Income Operating
InterestIncomeOperating
87927000
CY2020 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-24000
CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
258000
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-10697000
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-1551000
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
3613043000
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
4774730000
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
7718365000
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
1119058000
CY2020 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
225197000
CY2021 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
71750000
CY2022 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-149710000
CY2022 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-21706000
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
83654000
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
246828000
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-155285000
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-22514000
CY2020 pdd Investments Fair Value Adjustments
InvestmentsFairValueAdjustments
-104068000
CY2021 pdd Investments Fair Value Adjustments
InvestmentsFairValueAdjustments
22170000
CY2022 pdd Investments Fair Value Adjustments
InvestmentsFairValueAdjustments
242236000
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
2788000
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-321426000
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-55811000
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-86041000
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-12475000
CY2020 us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
1636541000
CY2021 us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
10086000
CY2020 us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
6722228000
CY2021 us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
13628052000
CY2022 us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
2068675000
CY2022 us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
299930000
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4048536000
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1744645000
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-758282000
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-109941000
CY2020 pdd Increase Decrease In Advances To Customers And Deferred Revenue
IncreaseDecreaseInAdvancesToCustomersAndDeferredRevenue
1817220000
CY2021 pdd Increase Decrease In Advances To Customers And Deferred Revenue
IncreaseDecreaseInAdvancesToCustomersAndDeferredRevenue
-1256426000
CY2022 pdd Increase Decrease In Advances To Customers And Deferred Revenue
IncreaseDecreaseInAdvancesToCustomersAndDeferredRevenue
222891000
CY2022 pdd Increase Decrease In Advances To Customers And Deferred Revenue
IncreaseDecreaseInAdvancesToCustomersAndDeferredRevenue
32316000
CY2020 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
1882971000
CY2021 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
-1422856000
CY2022 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
-286616000
CY2022 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
-41555000
CY2020 pdd Increase Decrease In Payables To Merchants
IncreaseDecreaseInPayablesToMerchants
23934151000
CY2021 pdd Increase Decrease In Payables To Merchants
IncreaseDecreaseInPayablesToMerchants
8686493000
CY2022 pdd Increase Decrease In Payables To Merchants
IncreaseDecreaseInPayablesToMerchants
749373000
CY2022 pdd Increase Decrease In Payables To Merchants
IncreaseDecreaseInPayablesToMerchants
108649000
CY2020 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
5849148000
CY2021 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
3492038000
CY2022 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
7003998000
CY2022 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
1015484000
CY2020 pdd Increase Decrease In Merchant Deposits
IncreaseDecreaseInMerchantDeposits
3085407000
CY2021 pdd Increase Decrease In Merchant Deposits
IncreaseDecreaseInMerchantDeposits
2651233000
CY2022 pdd Increase Decrease In Merchant Deposits
IncreaseDecreaseInMerchantDeposits
1480677000
CY2022 pdd Increase Decrease In Merchant Deposits
IncreaseDecreaseInMerchantDeposits
214678000
CY2020 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-137936000
CY2021 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-354123000
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-487068000
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-70618000
CY2020 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
13182000
CY2021 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
23102000
CY2022 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
34492000
CY2022 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
5001000
CY2020 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-4471000
CY2021 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-1922000
CY2022 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-996000
CY2022 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-144000
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
28196627000
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
28783011000
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
48507860000
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
7032979000
CY2020 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
86438068000
CY2021 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
116639550000
CY2022 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
160414453000
CY2022 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
23257909000
CY2020 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
55083390000
CY2021 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
97547038000
CY2022 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
141928351000
CY2022 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
20577677000
CY2022 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
3581868000
CY2022 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
519322000
CY2022 us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
6795838000
CY2022 us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
985305000
CY2022 us-gaap Proceeds From Sale Of Longterm Investments
ProceedsFromSaleOfLongtermInvestments
7137814000
CY2022 us-gaap Proceeds From Sale Of Longterm Investments
ProceedsFromSaleOfLongtermInvestments
1034886000
CY2020 pdd Payments To Acquire Property Equipment And Software And Intangible Assets
PaymentsToAcquirePropertyEquipmentAndSoftwareAndIntangibleAssets
43046000
CY2021 pdd Payments To Acquire Property Equipment And Software And Intangible Assets
PaymentsToAcquirePropertyEquipmentAndSoftwareAndIntangibleAssets
3287232000
CY2022 pdd Payments To Acquire Property Equipment And Software And Intangible Assets
PaymentsToAcquirePropertyEquipmentAndSoftwareAndIntangibleAssets
635716000
CY2022 pdd Payments To Acquire Property Equipment And Software And Intangible Assets
PaymentsToAcquirePropertyEquipmentAndSoftwareAndIntangibleAssets
92170000
CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
51000
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
394000
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
40000
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
6000
CY2020 us-gaap Payments To Fund Longterm Loans To Related Parties
PaymentsToFundLongtermLoansToRelatedParties
238000000
CY2021 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-445037000
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-38357901000
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-35562365000
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-22361670000
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3242137000
CY2020 pdd Proceeds From Issue Of Follow On Offering
ProceedsFromIssueOfFollowOnOffering
26805438000
CY2020 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
11063339000
CY2020 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
13024199000
CY2020 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
1828923000
CY2020 pdd Repayment For Short Term Borrowings
RepaymentForShortTermBorrowings
922897000
CY2021 pdd Repayment For Short Term Borrowings
RepaymentForShortTermBorrowings
1875472000
CY2020 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-6000
CY2021 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
318000
CY2022 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
10079000
CY2022 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
1461000
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
51798996000
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1875154000
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
10079000
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1461000
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-139943000
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-145157000
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
100177000
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
14524000
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
41497779000
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-8799665000
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
26256446000
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
3806827000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
33345857000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
74843636000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
66043971000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9575476000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
74843636000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
66043971000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
92300417000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13382303000
CY2020 pdd Cash Interest Received
CashInterestReceived
1881812000
CY2021 pdd Cash Interest Received
CashInterestReceived
2936860000
CY2022 pdd Cash Interest Received
CashInterestReceived
3567738000
CY2022 pdd Cash Interest Received
CashInterestReceived
517273000
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
4881252000
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3164158000
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3622110000
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
707715000
CY2020 pdd Right Of Use Assets And Lease Liabilities Recognized
RightOfUseAssetsAndLeaseLiabilitiesRecognized
265821000
CY2021 pdd Right Of Use Assets And Lease Liabilities Recognized
RightOfUseAssetsAndLeaseLiabilitiesRecognized
704142000
CY2022 pdd Right Of Use Assets And Lease Liabilities Recognized
RightOfUseAssetsAndLeaseLiabilitiesRecognized
1068063000
CY2022 pdd Right Of Use Assets And Lease Liabilities Recognized
RightOfUseAssetsAndLeaseLiabilitiesRecognized
154855000
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
162641000
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
194385000
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
136411000
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
19778000
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
22421189000
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6426715000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
34326192000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4976830000
CY2020Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
52422447000
CY2021Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
59617256000
CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
57974225000
CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
8405473000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
74843636000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
66043971000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
92300417000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13382303000
CY2022Q4 us-gaap Capital Units Net Amount
CapitalUnitsNetAmount
121000000
CY2022Q4 pdd Prc Statutory Reserves
PrcStatutoryReserves
5889000
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;margin:0pt 0pt 12pt 0pt;"><span style="display:inline-block;text-indent:0pt;width:11.1pt;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;">(c)</span></span><span style="font-style:italic;">Use of estimates</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 18pt;">The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the balance sheet dates and revenues and expenses during the reporting periods. Significant accounting estimates reflected in the Group’s consolidated financial statements include, but are not limited to allowance for doubtful accounts arising from expected credit losses, economic lives and impairment of long-lived assets, valuation of short-term and long-term investments, valuation allowance for deferred tax assets, uncertain tax position, valuation for share-based compensation, liability component of convertible bonds and incremental borrowing rates for operating lease liabilities. Changes in facts and circumstances may result in revised estimates. Actual results could differ from those estimates, and as such, differences may be material to the consolidated financial statements.</p>
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
525157000
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
960835000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2577263000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
373668000
CY2020 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0
CY2021 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0
CY2022 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0
CY2020 us-gaap Advertising Expense
AdvertisingExpense
39297890000
CY2021 us-gaap Advertising Expense
AdvertisingExpense
41456838000
CY2022 us-gaap Advertising Expense
AdvertisingExpense
49971418000
CY2022 us-gaap Advertising Expense
AdvertisingExpense
7245175000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2203323000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1044847000
CY2020 pdd Foreign Currency Exchange Percentage Of Appreciation Depreciation Of Functional Currency Against Reporting Currency
ForeignCurrencyExchangePercentageOfAppreciationDepreciationOfFunctionalCurrencyAgainstReportingCurrency
-0.065
CY2021 pdd Foreign Currency Exchange Percentage Of Appreciation Depreciation Of Functional Currency Against Reporting Currency
ForeignCurrencyExchangePercentageOfAppreciationDepreciationOfFunctionalCurrencyAgainstReportingCurrency
-0.023
CY2022 pdd Foreign Currency Exchange Percentage Of Appreciation Depreciation Of Functional Currency Against Reporting Currency
ForeignCurrencyExchangePercentageOfAppreciationDepreciationOfFunctionalCurrencyAgainstReportingCurrency
0.092
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
151489000
CY2020 us-gaap Depreciation
Depreciation
27999000
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2021Q4 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss Current
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLossCurrent
86203296000
CY2022Q4 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss Current
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLossCurrent
113872353000
CY2022Q4 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss Current
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLossCurrent
16509939000
CY2021Q4 us-gaap Trading Securities Debt
TradingSecuritiesDebt
313322000
CY2022Q4 us-gaap Trading Securities Debt
TradingSecuritiesDebt
6917000
CY2022Q4 us-gaap Trading Securities Debt
TradingSecuritiesDebt
1003000
CY2022Q4 pdd Investments In Convertible Bonds
InvestmentsInConvertibleBonds
1233284000
CY2022Q4 pdd Investments In Convertible Bonds
InvestmentsInConvertibleBonds
178809000
CY2021Q4 us-gaap Short Term Investments
ShortTermInvestments
86516618000
CY2022Q4 us-gaap Short Term Investments
ShortTermInvestments
115112554000
CY2022Q4 us-gaap Short Term Investments
ShortTermInvestments
16689751000
CY2021Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
0
CY2022Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
0
CY2021Q4 us-gaap Trading Securities Debt Amortized Cost
TradingSecuritiesDebtAmortizedCost
300000000
CY2022Q4 us-gaap Trading Securities Debt Amortized Cost
TradingSecuritiesDebtAmortizedCost
6828000
CY2022Q4 us-gaap Trading Securities Debt Amortized Cost
TradingSecuritiesDebtAmortizedCost
990000
CY2021 pdd Trading Securities Gross Unrealized Holding Gain Loss
TradingSecuritiesGrossUnrealizedHoldingGainLoss
13322000
CY2022 pdd Trading Securities Gross Unrealized Holding Gain Loss
TradingSecuritiesGrossUnrealizedHoldingGainLoss
89000
CY2022 pdd Trading Securities Gross Unrealized Holding Gain Loss
TradingSecuritiesGrossUnrealizedHoldingGainLoss
13000
CY2020 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
1175842000
CY2021 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
1093654000
CY2022 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
2442413000
CY2022 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
354117000
CY2021Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
1290901000
CY2022Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
1233284000
CY2022Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
178809000
CY2020 pdd Oci Debt Securities Investments In Convertible Bonds Unrealized Holding Gain Loss Before Adjustment After Tax
OciDebtSecuritiesInvestmentsInConvertibleBondsUnrealizedHoldingGainLossBeforeAdjustmentAfterTax
88928000
CY2021 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
67065000
CY2022 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
221640000
CY2022 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
32135000
CY2022Q4 pdd Finite Lived Intangible Asset Expected Amortization Year Five And After
FiniteLivedIntangibleAssetExpectedAmortizationYearFiveAndAfter
1758000
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
1392929000
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
966439000
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
140120000
CY2021Q4 pdd Value Added Tax Recoverable Current
ValueAddedTaxRecoverableCurrent
670541000
CY2022Q4 pdd Value Added Tax Recoverable Current
ValueAddedTaxRecoverableCurrent
326427000
CY2022Q4 pdd Value Added Tax Recoverable Current
ValueAddedTaxRecoverableCurrent
47328000
CY2021Q4 us-gaap Interest Receivable Current
InterestReceivableCurrent
364594000
CY2022Q4 us-gaap Interest Receivable Current
InterestReceivableCurrent
119564000
CY2022Q4 us-gaap Interest Receivable Current
InterestReceivableCurrent
17335000
CY2021Q4 pdd Rental And Other Deposits Current
RentalAndOtherDepositsCurrent
111139000
CY2022Q4 pdd Rental And Other Deposits Current
RentalAndOtherDepositsCurrent
86915000
CY2022Q4 pdd Rental And Other Deposits Current
RentalAndOtherDepositsCurrent
12602000
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
885484000
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
799034000
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
115850000
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3424687000
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2298379000
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
333235000
CY2021 us-gaap Depreciation
Depreciation
911964000
CY2022 us-gaap Depreciation
Depreciation
1615551000
CY2022 us-gaap Depreciation
Depreciation
234233000
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1276751000
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
701220000
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
101667000
CY2021 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
30073000
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
583416000
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
608618000
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
88241000
CY2021 us-gaap Finite Lived Intangible Assets Foreign Currency Translation Gain Loss
FiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
-22188000
CY2022 us-gaap Finite Lived Intangible Assets Foreign Currency Translation Gain Loss
FiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
41400000
CY2022 us-gaap Finite Lived Intangible Assets Foreign Currency Translation Gain Loss
FiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
6002000
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
701220000
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
134002000
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
19428000
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
623524000
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
583416000
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
608618000
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
88241000
CY2020 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0
CY2021 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0
CY2022 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
112854000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
16362000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
3007000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
436000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
3007000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
436000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
3007000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
436000
CY2022Q4 pdd Finite Lived Intangible Asset Expected Amortization Year Five And After
FiniteLivedIntangibleAssetExpectedAmortizationYearFiveAndAfter
12127000
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
177976000
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
385377000
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
557477000
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
80827000
CY2020 us-gaap Short Term Lease Cost
ShortTermLeaseCost
31394000
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
141507000
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
174402000
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
25286000
CY2020 us-gaap Lease Cost
LeaseCost
0
CY2021 us-gaap Lease Cost
LeaseCost
0
CY2022 us-gaap Lease Cost
LeaseCost
0
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
650617000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
94331000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
497166000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
72082000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
274728000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
39832000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
67483000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
9784000
CY2022Q4 pdd Lessee Operating Lease Liability Payments Due Year Four And After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFourAndAfterYearFour
75197000
CY2022Q4 pdd Lessee Operating Lease Liability Payments Due Year Four And After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFourAndAfterYearFour
10903000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1565191000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
226932000
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
92373000
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
13393000
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1472818000
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
213539000
CY2022 pdd Operating Leases Held Not Commenced
OperatingLeasesHeldNotCommenced
0
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y4M20D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y8M26D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y10M13D
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0490
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0438
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0405
CY2022Q4 pdd Available For Sale Debt Securities Measured At Fair Value Net Carrying Amount After5 Years Through10 Years
AvailableForSaleDebtSecuritiesMeasuredAtFairValueNetCarryingAmountAfter5YearsThrough10Years
3575474000
CY2022Q4 pdd Available For Sale Debt Securities Measured At Fair Value Net Carrying Amount After5 Years Through10 Years
AvailableForSaleDebtSecuritiesMeasuredAtFairValueNetCarryingAmountAfter5YearsThrough10Years
518395000
CY2022Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0
CY2022Q4 pdd Investments In Convertible Bonds Fair Value Disclosure
InvestmentsInConvertibleBondsFairValueDisclosure
1290901000
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
166967000
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
388144000
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
534784000
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
77536000
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
265821000
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
704142000
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1068063000
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
154855000
CY2021Q4 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
13008899000
CY2022Q4 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
11040283000
CY2022Q4 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
1600691000
CY2021Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
14378000
CY2022Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
12873000
CY2022Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
1866000
CY2021 pdd Unrecognized Holding Gain Or Loss On Investments
UnrecognizedHoldingGainOrLossOnInvestments
0
CY2022 pdd Unrecognized Holding Gain Or Loss On Investments
UnrecognizedHoldingGainOrLossOnInvestments
0
CY2020 pdd Gain Recorded On Time Deposits
GainRecordedOnTimeDeposits
66602000
CY2021 pdd Gain Recorded On Time Deposits
GainRecordedOnTimeDeposits
83728000
CY2022 pdd Gain Recorded On Time Deposits
GainRecordedOnTimeDeposits
151299000
CY2022 pdd Gain Recorded On Time Deposits
GainRecordedOnTimeDeposits
21936000
CY2022Q4 pdd Available For Sale Debt Securities Measured At Fair Value Amortized Cost After5 Years Through10 Years
AvailableForSaleDebtSecuritiesMeasuredAtFairValueAmortizedCostAfter5YearsThrough10Years
3596846000
CY2022Q4 pdd Available For Sale Debt Securities Measured At Fair Value Gross Unrealized Gains After5 Years Through10 Years
AvailableForSaleDebtSecuritiesMeasuredAtFairValueGrossUnrealizedGainsAfter5YearsThrough10Years
4626000
CY2022Q4 pdd Available For Sale Debt Securities Measured At Fair Value Gross Unrealized Losses After5 Years Through10 Years
AvailableForSaleDebtSecuritiesMeasuredAtFairValueGrossUnrealizedLossesAfter5YearsThrough10Years
-25998000
CY2021Q4 pdd Accrued Advertising And Accrued Marketing Costs Current
AccruedAdvertisingAndAccruedMarketingCostsCurrent
3652648000
CY2022Q4 pdd Accrued Advertising And Accrued Marketing Costs Current
AccruedAdvertisingAndAccruedMarketingCostsCurrent
5850125000
CY2022Q4 pdd Accrued Advertising And Accrued Marketing Costs Current
AccruedAdvertisingAndAccruedMarketingCostsCurrent
848188000
CY2021Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
5734281000
CY2022Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
6970790000
CY2022Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
1010670000
CY2021Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
1949173000
CY2022Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
2364723000
CY2022Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
342853000
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1951681000
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
3978818000
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
576874000
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
797730000
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1796267000
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
260434000
CY2021Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
14085513000
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
20960723000
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
3039019000
CY2022 us-gaap Interest And Debt Expense
InterestAndDebtExpense
1268792000
CY2022 us-gaap Interest And Debt Expense
InterestAndDebtExpense
183958000
CY2022 us-gaap Basic Earnings Per Share Pro Forma
BasicEarningsPerShareProForma
0.25
CY2022 us-gaap Basic Earnings Per Share Pro Forma
BasicEarningsPerShareProForma
0.04
CY2022 us-gaap Diluted Earnings Per Share Pro Forma
DilutedEarningsPerShareProForma
0.17
CY2022 us-gaap Diluted Earnings Per Share Pro Forma
DilutedEarningsPerShareProForma
0.02
CY2020Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
1388916000
CY2021 pdd Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Unrealized Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetUnrealizedGainLossIncludedInOtherComprehensiveIncomeLoss
-67065000
CY2021Q4 pdd Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Foreign Currency Translation Adjustment Net Of Tax
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossForeignCurrencyTranslationAdjustmentNetOfTax
-30950000
CY2021Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
1290901000
CY2022 pdd Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Unrealized Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetUnrealizedGainLossIncludedInOtherComprehensiveIncomeLoss
-221640000
CY2022Q4 pdd Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Foreign Currency Translation Adjustment Net Of Tax
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossForeignCurrencyTranslationAdjustmentNetOfTax
164023000
CY2022Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
1233284000
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3613043000
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4774730000
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7718365000
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1119058000
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
59491865000
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
93949939000
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
130557589000
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
18929071000
CY2021Q4 pdd Contract With Customer Liability Customer Advances And Deferred Revenues
ContractWithCustomerLiabilityCustomerAdvancesAndDeferredRevenues
1166764000
CY2022Q4 pdd Contract With Customer Liability Customer Advances And Deferred Revenues
ContractWithCustomerLiabilityCustomerAdvancesAndDeferredRevenues
1389655000
CY2022Q4 pdd Contract With Customer Liability Customer Advances And Deferred Revenues
ContractWithCustomerLiabilityCustomerAdvancesAndDeferredRevenues
201481000
CY2021Q4 pdd Contract With Customer Liability Payable To Merchants
ContractWithCustomerLiabilityPayableToMerchants
319329000
CY2022Q4 pdd Contract With Customer Liability Payable To Merchants
ContractWithCustomerLiabilityPayableToMerchants
637240000
CY2022Q4 pdd Contract With Customer Liability Payable To Merchants
ContractWithCustomerLiabilityPayableToMerchants
92391000
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1356566000
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
196684000
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
2487806000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-7179742000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
9702255000
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
36263729000
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
5257746000
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
0
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1933798000
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
5754253000
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
834288000
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-213000
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1028586000
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-149131000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1933585000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4725667000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
685157000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-7179742000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
9702255000
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
36263729000
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
5257746000
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.25
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.25
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.25
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.25
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-1794935000
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
2425564000
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
9065932000
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1314437000
CY2020 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
1077383000
CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
1522480000
CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
2013305000
CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
291902000
CY2020 pdd Effective Income Tax Rate Reconciliation Preferential Tax Rate Amount
EffectiveIncomeTaxRateReconciliationPreferentialTaxRateAmount
57483000
CY2021 pdd Effective Income Tax Rate Reconciliation Preferential Tax Rate Amount
EffectiveIncomeTaxRateReconciliationPreferentialTaxRateAmount
-1439100000
CY2022 pdd Effective Income Tax Rate Reconciliation Preferential Tax Rate Amount
EffectiveIncomeTaxRateReconciliationPreferentialTaxRateAmount
-4442822000
CY2022 pdd Effective Income Tax Rate Reconciliation Preferential Tax Rate Amount
EffectiveIncomeTaxRateReconciliationPreferentialTaxRateAmount
-644149000
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
108000
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
167098000
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
361045000
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
52346000
CY2020 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
164120000
CY2021 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
139417000
CY2022 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
122067000
CY2022 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
17698000
CY2020 pdd Effective Income Tax Rate Reconciliation Deferred Income Tax Rate Differential Amount
EffectiveIncomeTaxRateReconciliationDeferredIncomeTaxRateDifferentialAmount
-110821000
CY2021 pdd Effective Income Tax Rate Reconciliation Deferred Income Tax Rate Differential Amount
EffectiveIncomeTaxRateReconciliationDeferredIncomeTaxRateDifferentialAmount
51493000
CY2022 pdd Effective Income Tax Rate Reconciliation Deferred Income Tax Rate Differential Amount
EffectiveIncomeTaxRateReconciliationDeferredIncomeTaxRateDifferentialAmount
527035000
CY2022 pdd Effective Income Tax Rate Reconciliation Deferred Income Tax Rate Differential Amount
EffectiveIncomeTaxRateReconciliationDeferredIncomeTaxRateDifferentialAmount
76413000
CY2020 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
124858000
CY2021 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
223591000
CY2022 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
444071000
CY2022 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
64384000
CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
1059760000
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-430942000
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-2232690000
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-323710000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1933585000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4725667000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
685157000
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
1432514000
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
1472388000
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
213476000
CY2021Q4 pdd Deferred Tax Assets Carryforwards Of Non Deductible Advertising Expenses And Donations
DeferredTaxAssetsCarryforwardsOfNonDeductibleAdvertisingExpensesAndDonations
1331067000
CY2022Q4 pdd Deferred Tax Assets Carryforwards Of Non Deductible Advertising Expenses And Donations
DeferredTaxAssetsCarryforwardsOfNonDeductibleAdvertisingExpensesAndDonations
79608000
CY2022Q4 pdd Deferred Tax Assets Carryforwards Of Non Deductible Advertising Expenses And Donations
DeferredTaxAssetsCarryforwardsOfNonDeductibleAdvertisingExpensesAndDonations
11542000
CY2021Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
31926000
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
58994000
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
2764003000
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
531313000
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
77033000
CY2021Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
31504000
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
1079677000
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
156538000
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
31291000
CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
47672000
CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
6911000
CY2020 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
0
us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
0
CY2021 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
0
CY2021Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
0
CY2022Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
0
CY2020 us-gaap Profit Loss
ProfitLoss
-7179742000
CY2021 us-gaap Profit Loss
ProfitLoss
7768670000
CY2022 us-gaap Profit Loss
ProfitLoss
31538062000
CY2022 us-gaap Profit Loss
ProfitLoss
4572589000
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-7179742000
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
7768670000
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
31538062000
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
4572589000
CY2022 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
51655000
CY2022 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
7489000
CY2020 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-7179742000
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
7768670000
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
31589717000
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
4580078000
CY2020 pdd Weighted Average Shares Outstanding Basic
WeightedAverageSharesOutstandingBasic
4768343
CY2021 pdd Weighted Average Shares Outstanding Basic
WeightedAverageSharesOutstandingBasic
5012651
CY2022 pdd Weighted Average Shares Outstanding Basic
WeightedAverageSharesOutstandingBasic
5057540
CY2022 pdd Weighted Average Shares Outstanding Basic
WeightedAverageSharesOutstandingBasic
5057540
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
701113
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
640545
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
640545
CY2022 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
63206000
CY2022 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
63206000
CY2020 pdd Weighted Average Shares Outstanding Diluted
WeightedAverageSharesOutstandingDiluted
4768343
CY2021 pdd Weighted Average Shares Outstanding Diluted
WeightedAverageSharesOutstandingDiluted
5713764
CY2022 pdd Weighted Average Shares Outstanding Diluted
WeightedAverageSharesOutstandingDiluted
5761291
CY2022 pdd Weighted Average Shares Outstanding Diluted
WeightedAverageSharesOutstandingDiluted
5761291
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.51
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.55
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.24
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.90
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.51
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.36
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.48
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.79
CY2022 pdd Stock Issued During Period Shares Settled
StockIssuedDuringPeriodSharesSettled
271049824
CY2022 pdd Stock Issued During Period Shares Issued To Depository Bank
StockIssuedDuringPeriodSharesIssuedToDepositoryBank
273455720
CY2022 pdd Escrow Shares Settled
EscrowSharesSettled
2405896
CY2022 pdd Minimum Percentage Of After Tax Profit To Be Allocated To General Reserve
MinimumPercentageOfAfterTaxProfitToBeAllocatedToGeneralReserve
0.10
CY2022 pdd Required General Reserve Registered Capital Ratio To Deforce Compulsory Net Profit Allocation To General Reserve
RequiredGeneralReserveRegisteredCapitalRatioToDeforceCompulsoryNetProfitAllocationToGeneralReserve
0.50
CY2022Q4 us-gaap Amount Of Restricted Net Assets For Consolidated And Unconsolidated Subsidiaries
AmountOfRestrictedNetAssetsForConsolidatedAndUnconsolidatedSubsidiaries
57000116000
CY2022Q4 us-gaap Amount Of Restricted Net Assets For Consolidated And Unconsolidated Subsidiaries
AmountOfRestrictedNetAssetsForConsolidatedAndUnconsolidatedSubsidiaries
8264240000
CY2020 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
277429000
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
829440000
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1131829000
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
164100000
CY2022Q4 us-gaap Contractual Obligation
ContractualObligation
80000000
CY2022Q4 us-gaap Contractual Obligation
ContractualObligation
11599000
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.000005

Files In Submission

Name View Source Status
0001104659-23-049927-index-headers.html Edgar Link pending
0001104659-23-049927-index.html Edgar Link pending
0001104659-23-049927.txt Edgar Link pending
0001104659-23-049927-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
pdd-20221231.xsd Edgar Link pending
pdd-20221231x20f.htm Edgar Link pending
pdd-20221231x20f006.jpg Edgar Link pending
pdd-20221231xex12d1.htm Edgar Link pending
pdd-20221231xex12d2.htm Edgar Link pending
pdd-20221231xex13d1.htm Edgar Link pending
pdd-20221231xex13d2.htm Edgar Link pending
pdd-20221231xex15d1.htm Edgar Link pending
pdd-20221231xex15d2.htm Edgar Link pending
pdd-20221231xex15d3.htm Edgar Link pending
pdd-20221231xex2d2.htm Edgar Link pending
pdd-20221231xex2d8.htm Edgar Link pending
pdd-20221231xex4d1.htm Edgar Link pending
pdd-20221231xex4d2.htm Edgar Link pending
pdd-20221231xex8d1.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R100.htm Edgar Link pending
R101.htm Edgar Link pending
R102.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
pdd-20221231_cal.xml Edgar Link unprocessable
pdd-20221231_def.xml Edgar Link unprocessable
pdd-20221231_lab.xml Edgar Link unprocessable
pdd-20221231_pre.xml Edgar Link unprocessable
pdd-20221231x20f_htm.xml Edgar Link completed
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
R92.htm Edgar Link pending
R93.htm Edgar Link pending
R94.htm Edgar Link pending
R95.htm Edgar Link pending
R96.htm Edgar Link pending
R97.htm Edgar Link pending
R98.htm Edgar Link pending
R99.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
FilingSummary.xml Edgar Link unprocessable