PDD Holdings Gross Margin 2018-2024 | PDD
- PDD Holdings average gross margin for 2023 was 69.46%, a 5.55% decline from 2022.
- PDD Holdings average gross margin for 2022 was 73.54%, a 17.1% decline from 2021.
- PDD Holdings average gross margin for 2021 was 62.8%, a 16.24% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.