Alibaba Group Holding vs PDD Holdings
Alibaba Group Holding is the larger business, with $144.18bn of revenue in fiscal 2026 against $60.09bn for PDD Holdings (2.4 times as much). PDD Holdings grew faster (9.8% against 4.4%). PDD Holdings kept more of each dollar of sales as profit: a net margin of 22.7% against 10.1%.
| Latest fiscal year | Alibaba Group HoldingBABA, 2026 | PDD HoldingsPDD, 2025 |
|---|---|---|
| Revenue | $144.18bn | $60.09bn |
| Revenue growth | 4.4% | 9.8% |
| Net income | $14.59bn | $13.61bn |
| Operating margin | 4.9% | — |
| Net margin | 10.1% | 22.7% |
| Return on equity | 10.0% | 26.7% |
| Free cash flow | $10.73bn | $14.88bn |
| Cash | $19.07bn | $15.57bn |
| Total debt | $8.10bn | $0 |
| Debt to equity | 5.3% | — |
| Dividend per share | — | — |
| Dividend yield | 2.0% | — |
| Share buybacks | $1.08bn | — |
| Employees | — | — |
| Market value | $235.74bn | $116.26bn |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | — | — |
| Insider trades, 12 months | 3 buys, 13 sales | 0 buys, 3 sales |