In 2025, Pinduoduo's advertising expenditure totaled approximately * million yuan, including around **** billion yuan of incentive program expenses. Overall, the advertising expenditure showed stable and continuous growth.
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Pinduoduo. (April 29, 2026). Advertising expenditure of Pinduoduo Inc. from 2016 to 2025 (in million yuan) [Graph]. In ÀÖ²¥´«Ã½app×îа汾. Retrieved August 12, 2026, from /statistics/1372225/pinduoduo-advertising-expenditure/
Pinduoduo. "Advertising expenditure of Pinduoduo Inc. from 2016 to 2025 (in million yuan)." Chart. April 29, 2026. ÀÖ²¥´«Ã½app×îа汾. Accessed August 12, 2026. /statistics/1372225/pinduoduo-advertising-expenditure/
Pinduoduo. (2026). Advertising expenditure of Pinduoduo Inc. from 2016 to 2025 (in million yuan). ÀÖ²¥´«Ã½app×îа汾. ÀÖ²¥´«Ã½app×îа汾 Inc.. Accessed: August 12, 2026. /statistics/1372225/pinduoduo-advertising-expenditure/
Pinduoduo. "Advertising Expenditure of Pinduoduo Inc. from 2016 to 2025 (in Million Yuan)." ÀÖ²¥´«Ã½app×îа汾, ÀÖ²¥´«Ã½app×îа汾 Inc., 29 Apr 2026, /statistics/1372225/pinduoduo-advertising-expenditure/
Pinduoduo, Advertising expenditure of Pinduoduo Inc. from 2016 to 2025 (in million yuan) ÀÖ²¥´«Ã½app×îа汾, /statistics/1372225/pinduoduo-advertising-expenditure/ (last visited August 12, 2026)
Advertising expenditure of Pinduoduo Inc. from 2016 to 2025 (in million yuan) [Graph], Pinduoduo, April 29, 2026. [Online]. Available: /statistics/1372225/pinduoduo-advertising-expenditure/
