As of the end of fiscal year 2024, Tracenable has captured detailed data on PDD Holdings's corporate ownership structure, providing a comprehensive view of its downstream entities and the role within the broader group hierarchy.a
The dataset includes information on 15 affiliated entities, encompassing subsidiaries, joint ventures, associates, and other related companies in which PDD Holdings holds an equity interest or exercises control as the ultimate parent.a
Tracenable's data also records effective ownership percentages that PDD Holdings holds across these entities, providing transparency into its corporate control, ownership hierarchy, and group governance practices.a
| Entity Name | Country | Type | Ownership | LEI | PermID |
|---|---|---|---|---|---|
HongKong Walnut Street Limiteda | HKG | Subsidiary | Not Specified | 0000000 | 0000000 |
Hangzhou Weimi Network Technology Co., Ltd.a | CHN | Subsidiary | Not Specified | 0000000 | 0000000 |
Shenzhen Qianhai Xinzhijiang Information Technology Co., Ltd.a | CHN | Subsidiary | Not Specified | 0000000 | 0000000 |
Radiance Sea Investment Limiteda | VGB | Subsidiary | Not Specified | 0000000 | 0000000 |
Radiance Sea Group Limiteda | CYM | Subsidiary | Not Specified | 0000000 | 0000000 |
Radiance Sea Hong Kong Limiteda | HKG | Subsidiary | Not Specified | 0000000 | 0000000 |
Pinduoduo Investment Limiteda | VGB | Subsidiary | Not Specified | 0000000 | 0000000 |
Walnut Street (Shanghai) Information Technology Co., Ltd.a | CHN | Subsidiary | Not Specified | 0000000 | 0000000 |
Shanghai Yucan Information Technology Co., Ltd.a | CHN | Subsidiary | Not Specified | 0000000 | 0000000 |
Elementary Technology Limiteda | VGB | Subsidiary | Not Specified | 0000000 | 0000000 |
Elementary Innovation Pte. Ltd.a | SGP | Subsidiary | Not Specified | 0000000 | 0000000 |
Whaleco Technology Limiteda | IRL | Subsidiary | Not Specified | 0000000 | 0000000 |
| 0000000 | 0000000 | 0000000 | 0000000 | 0000000 | 0000000 |
| 0000000 | 0000000 | 0000000 | 0000000 | 0000000 | 0000000 |
| Showing 12 out of 15 entities. Get complete coverage in the full dataset. | |||||
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore PDD Holdings’s data sources below and access millions more through our Disclosure Search.
Tracenable's dataset provides geographic insights into PDD Holdings's group entities, revealing where its subsidiaries, joint ventures, associates, and affiliates are located worldwide.a
In total, the PDD Holdings group consists of 15 entities distributed across 7 countries, reflecting the company's global footprint and jurisdictional presence.a
This visualization highlights the geographical distribution of PDD Holdings's corporate structure, helping assess its international exposure, operational reach, and cross-border governance landscape.a
In 2024, Tracenable identified that the PDD Holdings group consisted of 15 entities operating across 7 countries.a
This indicates a moderate geographic diversification, reflecting PDD Holdings's expansion strategy, global footprint, and cross-border exposure.a
PDD Holdings's subsidiaries and affiliates are primarily concentrated in Asia and North America, which host 93.33% of its total entities.a
This regional distribution suggests that PDD Holdings's operational and financial activities are centered in these markets, either due to core business operations, supply chain proximity, or favorable regulatory environments.
PDD Holdings shows a moderate to high level of transparency regarding its ownership structure.
The disclosure includes information on subsidiaries, joint ventures, and associates, allowing partial visibility into the company's downstream relationships and areas of shared control.a
While not a full edge-level disclosure, the data still provides meaningful insight into PDD Holdings's governance framework and group composition, positioning it among more transparent reporters in its industry.
Yes. Tracenable's data shows that 4 entities (26.67%) are registered in jurisdictions commonly classified as low-tax or offshore financial centers, such as British Virgin Islands or Cayman Islands.a
This may indicate tax optimization strategies or the use of special-purpose vehicles (SPVs) within PDD Holdings's ownership structure.