PDD Holdings (PDD Holdings) Research & Development : $1,537 Mil (TTM As of Dec. 2023)

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What is PDD Holdings Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. PDD Holdings's Research & Development for the three months ended in Dec. 2023 was $401 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $1,537 Mil.

PDD Holdings Research & Development Historical Data

The historical data trend for PDD Holdings's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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PDD Holdings Research & Development Chart

PDD Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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551.83

1,053.88

1,411.87

1,489.55

1,533.90

PDD Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Research & Development	Get a 7-Day Free Trial															345.21	363.76	381.76	390.16	401.17

PDD Holdings Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,537 Mil.

PDD Holdings (NAS:PDD) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

PDD Holdings Research & Development Related Terms

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PDD Holdings (PDD Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » PDD Holdings Inc (NAS:PDD) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

PDD:Mexico 0A2S:UK 9PDA:Germany 9PDA:Germany P1DD34:Brazil

Address

First Floor, 25 St Stephen’s Green, Dublin 2,, Dublin 2, IRL, D02 XF99

Website

https://www.pddholdings.com

PDD Holdings (Nasdaq: PDD) is a multinational commerce group that owns and operates a portfolio of businesses. PDD Holdings aims to bring more businesses and people into the digital economy so that local communities and small businesses can benefit from the increased productivity and new opportunities. PDD Holdings has built a network of sourcing, logistics, and fulfilment capabilities, that support its underlying businesses.