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PDD Holdings Strengthens Dual Leadership and Expands Executive Team

Story Highlights
  • PDD Holdings promoted Co-CEO and founder Jiazhen Zhao to Co-Chairman, cementing a dual leadership structure with Lei Chen.
  • The company bolstered its management ranks by naming Mi Wang Senior VP of Engineering and Jiong Li Financial Director to support growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
PDD Holdings Strengthens Dual Leadership and Expands Executive Team

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PDD Holdings ( (PDD) ) has issued an update.

On December 19, 2025, PDD Holdings announced a reshaping of its top leadership, elevating founding member and Co-Chief Executive Officer Jiazhen Zhao to Co-Chairman of the board alongside Lei Chen, formalizing a dual leadership structure in both the board and executive ranks. Zhao, who has played a central role in building the Duo Duo Grocery business, managing agricultural and other core categories on the Pinduoduo platform, and leading supply chain efforts, now consolidates his influence over both strategic oversight and operational execution. The company also strengthened its operational bench by appointing long-time engineering leader Mi Wang as Senior Vice President of Engineering and certified public accountant Jiong Li as Financial Director, moves that signal a continued emphasis on technological development and disciplined financial management as PDD expands its e-commerce and supply chain-driven businesses.

The most recent analyst rating on (PDD) stock is a Hold with a $130.00 price target. To see the full list of analyst forecasts on PDD Holdings stock, see the PDD Stock Forecast page.

Spark’s Take on PDD Stock

According to Spark, TipRanks’ AI Analyst, PDD is a Outperform.

PDD Holdings’ overall stock score reflects strong financial performance and a reasonable valuation, offset by bearish technical indicators and challenges highlighted in the earnings call. The company’s strategic investments and global expansion efforts are promising for long-term growth, but short-term pressures from competition and regulatory challenges remain significant risks.

To see Spark’s full report on PDD stock, click here.

More about PDD Holdings

PDD Holdings Inc., the parent company of e-commerce platform Pinduoduo, operates in the online retail and technology sector with a focus on value-driven digital marketplaces. The company’s business spans key product categories including agriculture and groceries, supported by initiatives such as its Duo Duo Grocery business and extensive supply chain operations.

Average Trading Volume: 7,647,776

Technical Sentiment Signal: Sell

Current Market Cap: $146.2B

For detailed information about PDD stock, go to TipRanks’ Stock Analysis page.

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