Pinduoduo is a holding company. Through its subsidiaries, Co. is engaged in the merchandise sales and the provision of online marketplace to help merchants utilize the internet to engage with their customers in the People's Republic of China. Co.'s Pinduoduo mobile platform provides a selection of merchandise, featuring a social shopping experience that utilizes social networks as a tool for buyer acquisition and engagement. Co. is a Chinese e-commerce player. Co. provides team purchase model on its platform. Buyers can access Co.'s platform and make team purchases by either visiting its platform directly or through social networks, such as Weixin and QQ. We show 2 historical shares outstanding datapoints in our PDD shares outstanding history coverage, used to compute PDD market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PDD market cap history over the course of time is important for investors
interested in comparing PDD's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of PDD versus a peer is one thing; comparing
PDD market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like PDD can fluctuate over the course of history.
With this page we aim to empower investors researching PDD by allowing them to research the PDD market cap history. |
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Video: The Importance of Market Cap
