Who owns Duo Duo Grocery?
Duo Duo Grocery is controlled by PDD Holdings (Ireland, NASDAQ: PDD).[1]
Duo Duo Grocery is a channel inside the Pinduoduo mobile app, and PDD Holdings says it has only contractual control over the Pinduoduo platform, through a variable interest entity.
Evidence: PDD Holdings Inc. Annual Report on Form 20-F filed 2026-04-29, SEC EDGAR, 29 April 2026. Verified from filings; last checked .
Key facts
- Current owner
- PDD Holdings Inc. verified
- Owner HQ
- 🇮🇪 Ireland, Dublin
- Origin
- 🇨🇳 China
- Founded
- 2020
- Category
- Internet & digital › Online commerce › Marketplaces
- Parent ticker
- NASDAQ: PDD
- Last verified
- · 1 sources
About Duo Duo Grocery
Duo Duo Grocery is a next-day grocery pick-up service that PDD Holdings started in August 2020 as an extension of Pinduoduo, and it lives inside the Pinduoduo app. Customers order from local farmers and distributors during the day, the merchants deliver to regional warehouses overnight, and the sorted goods reach a designated pickup point near the customer the following day. There is no home delivery, which is how the service keeps prices low.
What PDD Holdings's annual report says about Duo Duo Grocery
Sentences about Duo Duo Grocery from PDD Holdings's latest annual filing[1], copied word for word.
For example, in August 2020, as an extension to the Pinduoduo platform, we started Duo Duo Grocery, a next-day grocery pick-up service that allows users to order groceries and related products online and collect their orders the next day at nearby designated pickup points.
As a natural extension of the Pinduoduo platform, we launched Duo Duo Grocery, a next-day grocery pick-up service, in 2020.
Duo Duo Grocery connects local farmers and distributors directly to local consumers on a daily basis and provide supporting services on the delivery of such goods to consumers.
How often PDD Holdings names Duo Duo Grocery in its annual report
A plain count of the times the name appears in the text of each annual report, not counting the start of a sentence. A brand that an owner writes about more is usually one it treats as central. The brand is named less often than it was three years earlier.
Ownership timeline of Duo Duo Grocery
- Current owner PDD Holdings [1] verified Duo Duo Grocery is a channel inside the Pinduoduo mobile app, and PDD Holdings says it has only contractual control over the Pinduoduo platform, through a variable interest entity.
Where Duo Duo Grocery sits in PDD Holdings
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full PDD Holdings ownership tree →
See the full PDD Holdings brand portfolio (3) →
Other brands owned by PDD Holdings
PDD Holdings controls 3 brands on Brandtree, 3 of them in internet & digital.
Also in internet & digital
Other brands in marketplaces, and who owns them
The 50 brands in marketplaces on Brandtree belong to 21 owners. The largest is Alibaba, with 7; PDD Holdings has 3.
| Brand | Owner | Owner based in |
|---|---|---|
| 1688.com | Alibaba | 🇭🇰 Hong Kong |
| Allegro | Allegro | 🇵🇱 Poland |
| anibis.ch | SMG Swiss Marketplace Group | 🇨🇭 Switzerland |
| carsales | CAR Group | 🇦🇺 Australia |
| Kaspi.kz | Kaspi.kz | 🇰🇿 Kazakhstan |
| Depop | eBay | 🇺🇸 United States |
| Estante Virtual | Magalu | 🇧🇷 Brazil |
| Mercado Envíos | MercadoLibre | 🇺🇾 Uruguay |
About the owner: PDD Holdings
PDD Holdings is a publicly listed company headquartered in Dublin, Ireland, founded in 2015. Brandtree records 3 brands under its control, and it is listed as NASDAQ: PDD.
PDD Holdings is a Cayman Islands holding company, incorporated in April 2015, whose annual report gives its principal executive offices as Dublin, Ireland, and whose shares trade on Nasdaq as American depositary shares. It runs two online platforms, Pinduoduo in China and Temu elsewhere, which it says share the same value propositions and operating model and both primarily serve merchants in China. Revenue was RMB431.8 billion in 2025. Because Chinese rules restrict foreign investment in e-commerce services, the company says it does not directly own the Pinduoduo platform and has only contractual control over it, through a variable interest entity.
PDD Holdings: full profile, brands and acquisition history →
🇨🇳 Duo Duo Grocery and other Chinese brands
Brandtree records a controlling owner for 319 brands that began in China. 39 of them (12%) are now controlled by a company headquartered in another country, Duo Duo Grocery among them.
Frequently asked questions
Who is the parent company of Duo Duo Grocery?
The parent company of Duo Duo Grocery is PDD Holdings, a publicly listed company headquartered in Ireland.
Is Duo Duo Grocery Chinese or Irish?
Duo Duo Grocery originated in China in 2020, but it is controlled today by PDD Holdings, which is headquartered in Ireland. So Duo Duo Grocery is a Chinese-origin brand under Irish ownership.
Is Duo Duo Grocery still owned by PDD Holdings?
Yes. As of 10 October 2026, Duo Duo Grocery is still controlled by PDD Holdings. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] PDD Holdings Inc. Annual Report on Form 20-F filed 2026-04-29 — SEC EDGAR, SEC Form 20-F, published 29 April 2026; retrieved 3 October 2026.
Report a correction Opens a pre-filled GitHub issue. See our corrections policy.