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    SEC Form SC 13G/A filed by Pinduoduo Inc. (Amendment)

    2/14/22 9:20:53 AM ET
    $PDD
    EDP Services
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    SC 13G/A 1 d477097dsc13ga.htm SC 13G/A SC 13G/A

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

     

    SCHEDULE 13G

    (Rule 13d-102)

    Information Statement Pursuant to Rules 13d-1 and 13d-2

    Under the Securities Exchange Act of 1934

    (Amendment No. 1)*

     

     

    Pinduoduo Inc.

    (Name of Issuer)

    Class A Ordinary Shares, par value $0.000005 per share

    (Title of Class of Securities)

    722304102**

    (CUSIP Number)

    December 31, 2021

    (Date of Event Which Requires Filing of this Statement)

     

     

    Check the appropriate box to designate the rule pursuant to which this schedule is filed:

    ☐ Rule 13d-1(b)

    ☐ Rule 13d-1(c)

    ☒ Rule 13d-1(d)

     

    *   The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

    **   This CUSIP number applies to the Issuer’s American depositary shares, each representing four Class A Ordinary Shares.

    The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

     

     

     


      1    

      NAME OF REPORTING PERSON

     

      SCC GROWTH IV HOLDCO A, LTD. (“SCCG HOLDCO IV-A”)

      2  

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

      (a)  ☐        (b)  ☐

     

      3  

      SEC USE ONLY

     

      4  

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      CAYMAN ISLANDS

    NUMBER OF

    SHARES

     BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

       5    

      SOLE VOTING POWER

     

      0

       6  

      SHARED VOTING POWER

     

      120,917,348

       7  

      SOLE DISPOSITIVE POWER

     

      0

       8  

      SHARED DISPOSITIVE POWER

     

      120,917,348

      9    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      120,917,348

    10  

      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     

      ☐

    11  

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

      3.4%1

    12  

      TYPE OF REPORTING PERSON

     

      OO

     

    1 

    Based on a total of 3,545,065,888 Class A ordinary shares outstanding as of December 31, 2020, as reported in the Issuer’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 30, 2021.


      1    

      NAME OF REPORTING PERSON

     

      SEQUOIA CAPITAL CHINA GROWTH FUND V, L.P. (“SCCGF V”)

      2  

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

      (a)  ☐        (b)  ☐

     

      3  

      SEC USE ONLY

     

      4  

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      CAYMAN ISLANDS

    NUMBER OF

    SHARES

     BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

       5    

      SOLE VOTING POWER

     

      0

       6  

      SHARED VOTING POWER

     

      6,377,696

       7  

      SOLE DISPOSITIVE POWER

     

      0

       8  

      SHARED DISPOSITIVE POWER

     

      6,377,696

      9    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      6,377,6961

    10  

      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     

      ☐

    11  

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

      0.2%2

    12  

      TYPE OF REPORTING PERSON

     

      PN

     

    1 

    Represented by 1,594,424 American Depositary Shares.

    2 

    Based on a total of 3,545,065,888 Class A ordinary shares outstanding as of December 31, 2020, as reported in the Issuer’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 30, 2021.


      1    

      NAME OF REPORTING PERSON

     

      SEQUOIA CAPITAL CHINA GROWTH PARTNERS FUND V, L.P. (“SCCGPF V”)

      2  

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

      (a)  ☐        (b)  ☐

     

      3  

      SEC USE ONLY

     

      4  

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      CAYMAN ISLANDS

    NUMBER OF

    SHARES

     BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

       5    

      SOLE VOTING POWER

     

      0

       6  

      SHARED VOTING POWER

     

      349,304

       7  

      SOLE DISPOSITIVE POWER

     

      0

       8  

      SHARED DISPOSITIVE POWER

     

      349,304

      9    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      349,3041

    10  

      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     

      ☐

    11  

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

      Less than 0.1%2

    12  

      TYPE OF REPORTING PERSON

     

      PN

     

    1 

    Represented by 87,326 American Depositary Shares.

    2 

    Based on a total of 3,545,065,888 Class A ordinary shares outstanding as of December 31, 2020, as reported in the Issuer’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 30, 2021.


      1    

      NAME OF REPORTING PERSON

     

      SEQUOIA CAPITAL CHINA GROWTH V PRINCIPALS FUND, L.P. (“SCCG V PF”)

      2  

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

      (a)  ☐        (b)  ☐

     

      3  

      SEC USE ONLY

     

      4  

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      CAYMAN ISLANDS

    NUMBER OF

    SHARES

     BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

       5    

      SOLE VOTING POWER

     

      0

       6  

      SHARED VOTING POWER

     

      272,996

       7  

      SOLE DISPOSITIVE POWER

     

      0

       8  

      SHARED DISPOSITIVE POWER

     

      272,996

      9    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      272,9961

    10  

      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     

      ☐

    11  

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

      Less than 0.1%2

    12  

      TYPE OF REPORTING PERSON

     

      PN

     

    1 

    Represented by 68,249 American Depositary Shares.

    2 

    Based on a total of 3,545,065,888 Class A ordinary shares outstanding as of December 31, 2020, as reported in the Issuer’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 30, 2021.


      1    

      NAME OF REPORTING PERSON

     

      SEQUOIA CAPITAL CHINA GROWTH FUND IV, L.P. (“SCCGF IV”)

      2  

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

      (a)  ☐        (b)  ☐

     

      3  

      SEC USE ONLY

     

      4  

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      CAYMAN ISLANDS

    NUMBER OF

    SHARES

     BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

       5    

      SOLE VOTING POWER

     

       6  

      SHARED VOTING POWER

     

      120,917,348 shares, of which 120,917,348 shares are directly owned by SCCG HOLDCO IV-A. SCCG HOLDCO IV-A is wholly owned by SCCGF IV.

       7  

      SOLE DISPOSITIVE POWER

     

       8  

      SHARED DISPOSITIVE POWER

     

      120,917,348 shares, of which 120,917,348 shares are directly owned by SCCG HOLDCO IV-A. SCCG HOLDCO IV-A is wholly owned by SCCGF IV.

      9    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      120,917,348

    10  

      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     

      ☐

    11  

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

      3.4%1

    12  

      TYPE OF REPORTING PERSON

     

      PN

     

    1 

    Based on a total of 3,545,065,888 Class A ordinary shares outstanding as of December 31, 2020, as reported in the Issuer’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 30, 2021.


      1    

      NAME OF REPORTING PERSON

     

      SC CHINA GROWTH V MANAGEMENT, L.P. (“SCCG V MGMT”)

      2  

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

      (a)  ☐        (b)  ☐

     

      3  

      SEC USE ONLY

     

      4  

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      CAYMAN ISLANDS

    NUMBER OF

    SHARES

     BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

       5    

      SOLE VOTING POWER

     

      0

       6  

      SHARED VOTING POWER

     

      6,999,996 shares, of which 6,377,696 shares are directly owned by SCCGF V, 349,304 shares are directly owned by SCCGPF V and 272,996 shares are directly owned by SCCG V PF. The General Partner of each of SCCGF V, SCCGPF V and SCCG V PF is SCCG V MGMT.

       7  

      SOLE DISPOSITIVE POWER

     

      0

       8  

      SHARED DISPOSITIVE POWER

     

      6,999,996 shares, of which 6,377,696 shares are directly owned by SCCGF V, 349,304 shares are directly owned by SCCGPF V and 272,996 shares are directly owned by SCCG V PF. The General Partner of each of SCCGF V, SCCGPF V and SCCG V PF is SCCG V MGMT.

      9    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      6,999,996

    10  

      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     

      ☐

    11  

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

      0.2%1

    12  

      TYPE OF REPORTING PERSON

     

      PN

     

    1 

    Based on a total of 3,545,065,888 Class A ordinary shares outstanding as of December 31, 2020, as reported in the Issuer’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 30, 2021.


      1    

      NAME OF REPORTING PERSON

     

      SC CHINA GROWTH IV MANAGEMENT, L.P. (“SCCG IV MGMT”)

      2  

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

      (a)  ☐        (b)  ☐

     

      3  

      SEC USE ONLY

     

      4  

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      CAYMAN ISLANDS

    NUMBER OF

    SHARES

     BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

       5    

      SOLE VOTING POWER

     

      0

       6  

      SHARED VOTING POWER

     

      120,917,348 shares, of which 120,917,348 shares are directly owned by SCCG HOLDCO IV-A. SCCG HOLDCO IV-A is wholly owned by SCCGF IV. The General Partner of SCCGF IV is SCCG IV MGMT.

       7  

      SOLE DISPOSITIVE POWER

     

      0

       8  

      SHARED DISPOSITIVE POWER

     

      120,917,348 shares, of which 120,917,348 shares are directly owned by SCCG HOLDCO IV-A. SCCG HOLDCO IV-A is wholly owned by SCCGF IV. The General Partner of SCCGF IV is SCCG IV MGMT.

      9    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      120,917,348

    10  

      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     

      ☐

    11  

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

      3.4%1

    12  

      TYPE OF REPORTING PERSON

     

      PN

     

    1 

    Based on a total of 3,545,065,888 Class A ordinary shares outstanding as of December 31, 2020, as reported in the Issuer’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 30, 2021.


      1    

      NAME OF REPORTING PERSON

     

      SC CHINA HOLDING LIMITED (“SCC HOLD”)

      2  

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

      (a)  ☐        (b)  ☐

     

      3  

      SEC USE ONLY

     

      4  

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      CAYMAN ISLANDS

    NUMBER OF

    SHARES

     BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

       5    

      SOLE VOTING POWER

     

      0

       6  

      SHARED VOTING POWER

     

      127,917,344 shares, of which 120,917,348 shares are directly owned by SCCG HOLDCO IV-A, 6,377,696 are directly owned by SCCGF V, 349,304 shares are directly owned by SCCGPF V and 272,996 shares are directly owned by SCCG V PF. SCCG HOLDCO IV-A is wholly owned by SCCGF IV. The General Partner of each of SCCGF V, SCCGPF V and SCCG V PF is SCCG V MGMT. The General Partner of SCCGF IV is SCCG IV MGMT. SCC HOLD is the General Partner of each of SCCG V MGMT and SCCG IV MGMT.

       7  

      SOLE DISPOSITIVE POWER

     

      0

       8  

      SHARED DISPOSITIVE POWER

     

      127,917,344 shares, of which 120,917,348 shares are directly owned by SCCG HOLDCO IV-A, 6,377,696 are directly owned by SCCGF V, 349,304 shares are directly owned by SCCGPF V and 272,996 shares are directly owned by SCCG V PF. SCCG HOLDCO IV-A is wholly owned by SCCGF IV. The General Partner of each of SCCGF V, SCCGPF V and SCCG V PF is SCCG V MGMT. The General Partner of SCCGF IV is SCCG IV MGMT. SCC HOLD is the General Partner of each of SCCG V MGMT and SCCG IV MGMT.

      9    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      127,917,344

    10  

      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     

      ☐

    11  

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

      3.6%1

    12  

      TYPE OF REPORTING PERSON

     

      OO

     

    1 

    Based on a total of 3,545,065,888 Class A ordinary shares outstanding as of December 31, 2020, as reported in the Issuer’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 30, 2021.


      1    

      NAME OF REPORTING PERSON

     

      SNP CHINA ENTERPRISES LIMITED (“SNP”)

      2  

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

      (a)  ☐        (b)  ☐

     

      3  

      SEC USE ONLY

     

      4  

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      BRITISH VIRGIN ISLANDS

    NUMBER OF

    SHARES

     BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

       5    

      SOLE VOTING POWER

     

      0

       6  

      SHARED VOTING POWER

     

      127,917,344 shares, of which 120,917,348 shares are directly owned by SCCG HOLDCO IV-A, 6,377,696 are directly owned by SCCGF V, 349,304 shares are directly owned by SCCGPF V and 272,996 shares are directly owned by SCCG V PF. SCCG HOLDCO IV-A is wholly owned by SCCGF IV. The General Partner of each of SCCGF V, SCCGPF V and SCCG V PF is SCCG V MGMT. The General Partner of SCCGF IV is SCCG IV MGMT. SCC HOLD is the General Partner of each of SCCG V MGMT and SCCG IV MGMT. SNP wholly owns SCC HOLD.

       7  

      SOLE DISPOSITIVE POWER

     

      0

       8  

      SHARED DISPOSITIVE POWER

     

      127,917,344 shares, of which 120,917,348 shares are directly owned by SCCG HOLDCO IV-A, 6,377,696 are directly owned by SCCGF V, 349,304 shares are directly owned by SCCGPF V and 272,996 shares are directly owned by SCCG V PF. SCCG HOLDCO IV-A is wholly owned by SCCGF IV. The General Partner of each of SCCGF V, SCCGPF V and SCCG V PF is SCCG V MGMT. The General Partner of SCCGF IV is SCCG IV MGMT. SCC HOLD is the General Partner of each of SCCG V MGMT and SCCG IV MGMT. SNP wholly owns SCC HOLD.

      9    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      127,917,344

    10  

      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     

      ☐

    11  

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

      3.6%1

    12  

      TYPE OF REPORTING PERSON

     

      OO

     

    1 

    Based on a total of 3,545,065,888 Class A ordinary shares outstanding as of December 31, 2020, as reported in the Issuer’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 30, 2021.


      1    

      NAME OF REPORTING PERSON

     

      URM MANAGEMENT LIMITED (“URM MANAGEMENT”)

      2  

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

      (a)  ☐        (b)  ☐

     

      3  

      SEC USE ONLY

     

      4  

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      CAYMAN ISLANDS

    NUMBER OF

    SHARES

     BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

       5     

      SOLE VOTING POWER

     

      0

       6   

      SHARED VOTING POWER

     

      2,350

       7   

      SOLE DISPOSITIVE POWER

     

      0

       8   

      SHARED DISPOSITIVE POWER

     

      2,350

      9    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      2,3501

    10  

      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     

      ☐

    11  

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

      Less than 0.1%2

    12  

      TYPE OF REPORTING PERSON

     

      OO

     

    1

    2

     
      

    Represented by 9,400 American Depository Shares.

    Based on a total of 3,545,065,888 Class A ordinary shares outstanding as of December 31, 2020, as reported in the Issuer’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 30, 2021.


      1    

      NAME OF REPORTING PERSON

     

      NEIL NANPENG SHEN (“NS”)

      2  

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

      (a)  ☐        (b)  ☐

     

      3  

      SEC USE ONLY

     

      4  

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      HONG KONG SAR

    NUMBER OF

    SHARES

     BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

       5     

      SOLE VOTING POWER

     

      4,949,564

       6   

      SHARED VOTING POWER

     

      127,919,694 shares, of which 120,917,348 shares are directly owned by SCCG HOLDCO IV-A, 6,377,696 are directly owned by SCCGF V, 349,304 shares are directly owned by SCCGPF V, 272,996 shares are directly owned by SCCG V PF and 2,350 shares are directly owned by URM MANAGEMENT. SCCG HOLDCO IV-A is wholly owned by SCCGF IV. The General Partner of each of SCCGF V, SCCGPF V and SCCG V PF is SCCG V MGMT. The General Partner of SCCGF IV is SCCG IV MGMT. SCC HOLD is the General Partner of each of SCCG V MGMT and SCCG IV MGMT. SNP wholly owns SCC HOLD. NS wholly owns SNP and URM MANAGEMENT.

       7   

      SOLE DISPOSITIVE POWER

     

      4,949,5641

       8   

      SHARED DISPOSITIVE POWER

     

      127,919,694 shares, of which 120,917,348 shares are directly owned by SCCG HOLDCO IV-A, 6,377,696 are directly owned by SCCGF V, 349,304 shares are directly owned by SCCGPF V, 272,996 shares are directly owned by SCCG V PF and 2,350 shares are directly owned by URM MANAGEMENT. SCCG HOLDCO IV-A is wholly owned by SCCGF IV. The General Partner of each of SCCGF V, SCCGPF V and SCCG V PF is SCCG V MGMT. The General Partner of SCCGF IV is SCCG IV MGMT. SCC HOLD is the General Partner of each of SCCG V MGMT and SCCG IV MGMT. SNP wholly owns SCC HOLD. NS wholly owns SNP and URM MANAGEMENT.

      9    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      132,869,258

    10  

      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     

      ☐

    11  

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

      3.7%2

    12  

      TYPE OF REPORTING PERSON

     

      IN

     

    1     Represented by 31,040 American Depositary Shares and 4,825,404 Class A ordinary shares.
    2     Based on a total of 3,545,065,888 Class A ordinary shares outstanding as of December 31, 2020, as reported in the Issuer’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 30, 2021.


      1    

      NAME OF REPORTING PERSON

     

      SC GGFII HOLDCO, LTD. (“SC GGFII HOLD”)

      2  

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

      (a)  ☐        (b)  ☐

     

      3  

      SEC USE ONLY

     

      4  

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      CAYMAN ISLANDS

    NUMBER OF

    SHARES

     BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

       5     

      SOLE VOTING POWER

     

      0

       6   

      SHARED VOTING POWER

     

      80,320,056

       7   

      SOLE DISPOSITIVE POWER

     

      0

       8   

      SHARED DISPOSITIVE POWER

     

      80,320,056

      9    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      80,320,056

    10  

      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     

      ☐

    11  

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

      2.3%1

    12  

      TYPE OF REPORTING PERSON

     

      OO

     

    1     Based on a total of 3,545,065,888 Class A ordinary shares outstanding as of December 31, 2020, as reported in the Issuer’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 30, 2021.


      1    

      NAME OF REPORTING PERSON

     

      SEQUOIA CAPITAL GLOBAL GROWTH FUND III - ENDURANCE PARTNERS, L.P. (“SC GGF III”)

      2  

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

      (a)  ☐        (b)  ☐

     

      3  

      SEC USE ONLY

     

      4  

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      CAYMAN ISLANDS

    NUMBER OF

    SHARES

     BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

       5     

      SOLE VOTING POWER

     

      0

       6   

      SHARED VOTING POWER

     

      13,710,196

       7   

      SOLE DISPOSITIVE POWER

     

      0

       8   

      SHARED DISPOSITIVE POWER

     

      13,710,196

      9    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      13,710,1961

    10  

      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     

      ☐

    11  

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

      0.4%2

    12  

      TYPE OF REPORTING PERSON

     

      PN

     

    1     Represented by 3,427,549 American Depositary Shares.
    2     Based on a total of 3,545,065,888 Class A ordinary shares outstanding as of December 31, 2020, as reported in the Issuer’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 30, 2021.


      1    

      NAME OF REPORTING PERSON

     

      SEQUOIA CAPITAL GLOBAL GROWTH FUND III - ENDURANCE PARTNERS PRINCIPALS FUND, L.P. (“SC GGPF III”)

      2  

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

      (a)  ☐        (b)  ☐

     

      3  

      SEC USE ONLY

     

      4  

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      CAYMAN ISLANDS

    NUMBER OF

    SHARES

     BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

       5     

      SOLE VOTING POWER

     

      0

       6   

      SHARED VOTING POWER

     

      289,804

       7   

      SOLE DISPOSITIVE POWER

     

      0

       8   

      SHARED DISPOSITIVE POWER

     

      289,804

      9    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      289,8041

    10  

      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     

      ☐

    11  

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

      Less than 0.1%2

    12  

      TYPE OF REPORTING PERSON

     

      PN

     

    1     Represented by 72,451 American Depositary Shares.
    2     Based on a total of 3,545,065,888 Class A ordinary shares outstanding as of December 31, 2020, as reported in the Issuer’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 30, 2021.


      1    

      NAME OF REPORTING PERSON

     

      SEQUOIA CAPITAL GLOBAL GROWTH FUND II, L.P. (“SC GGF II”)

      2  

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

      (a)  ☐        (b)  ☐

     

      3  

      SEC USE ONLY

     

      4  

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      CAYMAN ISLANDS

    NUMBER OF

    SHARES

     BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

       5     

      SOLE VOTING POWER

     

      0

       6   

      SHARED VOTING POWER

     

      80,320,056 shares, of which 80,320,056 shares are directly owned by SC GGFII HOLD. SC GGFII HOLD is wholly owned by SC GGF II and SC GGPF II.

       7   

      SOLE DISPOSITIVE POWER

     

      0

       8   

      SHARED DISPOSITIVE POWER

     

      80,320,056 shares, of which 80,320,056 shares are directly owned by SC GGFII HOLD. SC GGFII HOLD is wholly owned by SC GGF II and SC GGPF II.

      9    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      80,320,056

    10  

      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     

      ☐

    11  

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

      2.3%1

    12  

      TYPE OF REPORTING PERSON

     

      PN

     

    1     Based on a total of 3,545,065,888 Class A ordinary shares outstanding as of December 31, 2020, as reported in the Issuer’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 30, 2021.


      1    

      NAME OF REPORTING PERSON

     

      SEQUOIA CAPITAL GLOBAL GROWTH II PRINCIPALS FUND, L.P. (“SC GGPF II”)

      2  

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

      (a)  ☐        (b)  ☐

     

      3  

      SEC USE ONLY

     

      4  

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      CAYMAN ISLANDS

    NUMBER OF

    SHARES

     BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

       5    

      SOLE VOTING POWER

     

      0

       6  

      SHARED VOTING POWER

     

      80,320,056 shares, of which 80,320,056 shares are directly owned by SC GGFII HOLD. SC GGFII HOLD is wholly owned by SC GGF II and SC GGPF II.

       7  

      SOLE DISPOSITIVE POWER

     

      0

       8  

      SHARED DISPOSITIVE POWER

     

      80,320,056 shares, of which 80,320,056 shares are directly owned by SC GGFII HOLD. SC GGFII HOLD is wholly owned by SC GGF II and SC GGPF II.

      9    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      80,320,056

    10  

      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     

      ☐

    11  

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

      2.3%1

    12  

      TYPE OF REPORTING PERSON

     

      PN

     

    1 

    Based on a total of 3,545,065,888 Class A ordinary shares outstanding as of December 31, 2020, as reported in the Issuer’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 30, 2021.


      1    

      NAME OF REPORTING PERSON

     

      SEQUOIA CAPITAL GLOBAL GROWTH FUND III - ENDURANCE PARTNERS MANAGEMENT, L.P. (“SC GGF III MGMT”)

      2  

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

      (a)  ☐        (b)  ☐

     

      3  

      SEC USE ONLY

     

      4  

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      CAYMAN ISLANDS

    NUMBER OF

    SHARES

     BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

         5     

      SOLE VOTING POWER

     

      0

         6   

      SHARED VOTING POWER

     

      14,000,000 shares, of which 13,710,196 shares are directly owned by SC GGF III and 289,804 shares are directly owned   by SC GGPF III. The General Partner of each of SC GGF III and SC GGPF III is SC GGF III MGMT.

         7   

      SOLE DISPOSITIVE POWER

     

      0

         8   

      SHARED DISPOSITIVE POWER

     

      14,000,000 shares, of which 13,710,196 shares are directly owned by SC GGF III and 289,804 shares are directly owned   by SC GGPF III. The General Partner of each of SC GGF III and SC GGPF III is SC GGF III MGMT.

      9    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      14,000,000

    10  

      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     

      ☐

    11  

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

      0.4%1

    12  

      TYPE OF REPORTING PERSON

     

      PN

     

    1   Based on a total of 3,545,065,888 Class A ordinary shares outstanding as of December 31, 2020, as reported in the Issuer’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 30, 2021.


      1    

      NAME OF REPORTING PERSON

     

       SC GLOBAL GROWTH II MANAGEMENT, L.P. (“SC GG II MGMT”)

      2  

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

      (a)  ☐        (b)  ☐

     

      3  

      SEC USE ONLY

     

      4  

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      CAYMAN ISLANDS

    NUMBER OF

    SHARES

     BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

         5     

      SOLE VOTING POWER

     

      0

         6   

      SHARED VOTING POWER

     

       80,320,056 shares, of which 80,320,056 shares are directly owned by SC GGFII HOLD. SC GGFII HOLD is wholly   owned by SC GGF II and SC GGPF II. The General Partner of each of SC GGF II and SC GGPF II is SC GG II MGMT.

         7   

      SOLE DISPOSITIVE POWER

     

      0

         8   

      SHARED DISPOSITIVE POWER

     

       80,320,056 shares, of which 80,320,056 shares are directly owned by SC GGFII HOLD. SC GGFII HOLD is wholly   owned by SC GGF II and SC GGPF II. The General Partner of each of SC GGF II and SC GGPF II is SC GG II MGMT.

      9    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      80,320,056

    10  

      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     

      ☐

    11  

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

      2.3%1

    12  

      TYPE OF REPORTING PERSON

     

      PN

     

    1   Based on a total of 3,545,065,888 Class A ordinary shares outstanding as of December 31, 2020, as reported in the Issuer’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 30, 2021.


      1    

      NAME OF REPORTING PERSON

     

      SC US (TTGP), LTD. (“SC US TTGP”)

      2  

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

      (a)  ☐        (b)  ☐

     

      3  

      SEC USE ONLY

     

      4  

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      CAYMAN ISLANDS

    NUMBER OF

    SHARES

     BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

         5     

      SOLE VOTING POWER

     

      0

         6   

      SHARED VOTING POWER

     

      94,320,056 shares, of which 80,320,056 shares are directly owned by SC GGFII HOLD, 13,710,196 shares are directly   owned by SC GGF III and 289,804 shares are directly owned by SC GGPF III. SC GGFII HOLD is wholly owned by   SC GGF II and SC GGPF II. The General Partner of each of SC GGF II and SC GGPF II is SC GG II MGMT. The   General Partner of each of SC GGF III and SC GGPF III is SC GGF III MGMT. SC US TTGP is the General Partner of   each of SC GG II MGMT and SC GGF III MGMT.

         7   

      SOLE DISPOSITIVE POWER

     

      0

         8   

      SHARED DISPOSITIVE POWER

     

      94,320,056 shares, of which 80,320,056 shares are directly owned by SC GGFII HOLD, 13,710,196 shares are directly   owned by SC GGF III and 289,804 shares are directly owned by SC GGPF III. SC GGFII HOLD is wholly owned by   SC GGF II and SC GGPF II. The General Partner of each of SC GGF II and SC GGPF II is SC GG II MGMT. The   General Partner of each of SC GGF III and SC GGPF III is SC GGF III MGMT. SC US TTGP is the General Partner of   each of SC GG II MGMT and SC GGF III MGMT.

      9    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      94,320,056

    10  

      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     

      ☐

    11  

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

      2.7%1

    12  

      TYPE OF REPORTING PERSON

     

      OO

     

    1   Based on a total of 3,545,065,888 Class A ordinary shares outstanding as of December 31, 2020, as reported in the Issuer’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 30, 2021.


      1    

      NAME OF REPORTING PERSON

     

      ROELOF BOTHA (“RB”)

      2  

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

      (a)  ☐        (b)  ☐

     

      3  

      SEC USE ONLY

     

      4  

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      USA

    NUMBER OF

    SHARES

     BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

         5     

      SOLE VOTING POWER

     

      269,725

         6   

      SHARED VOTING POWER

     

       94,320,056 shares, of which 80,320,056 shares are directly owned by SC GGFII HOLD, 13,710,196 shares are directly owned by SC GGF III and 289,804 shares are directly owned by SC GGPF III. SC GGFII HOLD is wholly owned by SC GGF II and SC GGPF II. The General Partner of each of SC GGF II and SC GGPF II is SC GG II MGMT. The General Partner of each of SC GGF III and SC GGPF III is SC GGF III MGMT. SC US TTGP is the General Partner of each of SC GG II MGMT and SC GGF III MGMT. The directors and stockholders of SC US TTGP who exercise voting and investment discretion with respect to the shares held by SC GGFII HOLD, SC GGF III and SC GGPF III are Messrs. RB and DL.

         7   

      SOLE DISPOSITIVE POWER

     

      269,7251

         8   

      SHARED DISPOSITIVE POWER

     

      94,320,056 shares, of which 80,320,056 shares are directly owned by SC GGFII HOLD, 13,710,196 shares are directly owned by SC GGF III and 289,804 shares are directly owned by SC GGPF III. SC GGFII HOLD is wholly owned by SC GGF II and SC GGPF II. The General Partner of each of SC GGF II and SC GGPF II is SC GG II MGMT. The General Partner of each of SC GGF III and SC GGPF III is SC GGF III MGMT. SC US TTGP is the General Partner of each of SC GG II MGMT and SC GGF III MGMT. The directors and stockholders of SC US TTGP who exercise voting and investment discretion with respect to the shares held by SC GGFII HOLD, SC GGF III and SC GGPF III are Messrs. RB and DL.

      9    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      94,589,781

    10  

      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     

      ☐

    11  

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

      2.7%2

    12  

      TYPE OF REPORTING PERSON

     

      IN

     

    1 

    Represented by 23,747 American Depositary Shares and 174,737 Class A ordinary shares.

    2 

    Based on a total of 3,545,065,888 Class A ordinary shares outstanding as of December 31, 2020, as reported in the Issuer’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 30, 2021.


      1    

      NAME OF REPORTING PERSON

     

      DOUGLAS LEONE (“DL”)

      2  

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

      (a)  ☐        (b)  ☐

     

      3  

      SEC USE ONLY

     

      4  

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      USA

    NUMBER OF

    SHARES

     BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

         5     

      SOLE VOTING POWER

     

      67,261

         6   

      SHARED VOTING POWER

     

      94,320,056 shares, of which 80,320,056 shares are directly owned by SC GGFII HOLD, 13,710,196 shares are directly owned by SC GGF III and 289,804 shares are directly owned by SC GGPF III. SC GGFII HOLD is wholly owned by SC GGF II and SC GGPF II. The General Partner of each of SC GGF II and SC GGPF II is SC GG II MGMT. The General Partner of each of SC GGF III and SC GGPF III is SC GGF III MGMT. SC US TTGP is the General Partner of each of SC GG II MGMT and SC GGF III MGMT. The directors and stockholders of SC US TTGP who exercise voting and investment discretion with respect to the shares held by SC GGFII HOLD, SC GGF III and SC GGPF III are Messrs. RB and DL.

         7   

      SOLE DISPOSITIVE POWER

     

      67,2611

         8   

      SHARED DISPOSITIVE POWER

     

      94,320,056 shares, of which 80,320,056 shares are directly owned by SC GGFII HOLD, 13,710,196 shares are directly owned by SC GGF III and 289,804 shares are directly owned by SC GGPF III. SC GGFII HOLD is wholly owned by SC GGF II and SC GGPF II. The General Partner of each of SC GGF II and SC GGPF II is SC GG II MGMT. The General Partner of each of SC GGF III and SC GGPF III is SC GGF III MGMT. SC US TTGP is the General Partner of each of SC GG II MGMT and SC GGF III MGMT. The directors and stockholders of SC US TTGP who exercise voting and investment discretion with respect to the shares held by SC GGFII HOLD, SC GGF III and SC GGPF III are Messrs. RB and DL.

      9    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      94,387,317

    10  

      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     

      ☐

    11  

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

      2.7%2

    12  

      TYPE OF REPORTING PERSON

     

      IN

     

    1 

    Represented by 5,555 American Depositary Shares and 45,041 Class A ordinary shares.

    2 

    Based on a total of 3,545,065,888 Class A ordinary shares outstanding as of December 31, 2020, as reported in the Issuer’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 30, 2021.


    ITEM 1.

     

    (a) Name of Issuer:

    Pinduoduo Inc.

     

    (b) Address of Issuer’s Principal Executive Offices:

    28/F, No. 533 Loushanguan Road

    Changning District, Shanghai 200051

    People’s Republic of China

    ITEM 2.

     

    (a) Name of Persons Filing:

    SCC Growth IV Holdco A, Ltd.

    Sequoia Capital China Growth Fund V, L.P.

    Sequoia Capital China Growth Partners Fund V, L.P.

    Sequoia Capital China Growth V Principals Fund, L.P.

    Sequoia Capital China Growth Fund IV, L.P.

    SC China Growth V Management, L.P.

    SC China Growth IV Management, L.P.

    SC China Holding Limited

    SNP China Enterprises Limited

    URM Management Limited

    Neil Nanpeng Shen

    SC GGFII Holdco, Ltd.

    Sequoia Capital Global Growth Fund III - Endurance Partners, L.P.

    Sequoia Capital Global Growth Fund III - Endurance Partners Principals Fund, L.P.

    Sequoia Capital Global Growth Fund II, L.P.

    Sequoia Capital Global Growth II Principals Fund, L.P.

    Sequoia Capital Global Growth Fund III - Endurance Partners Management, L.P.

    SC Global Growth II Management, L.P.

    SC US (TTGP), Ltd.

    Roelof Botha

    Douglas Leone

    SCCG HOLDCO IV-A is wholly owned by SCCGF IV. The General Partner of each of SCCGF V, SCCGPF V and SCCG V PF is SCCG V MGMT. The General Partner of SCCGF IV is SCCG IV MGMT. SCC HOLD is the General Partner of each of SCCG V MGMT and SCCG IV MGMT. SNP wholly owns SCC HOLD. NS wholly owns SNP and URM MANAGEMENT

    SC GGFII HOLD is wholly owned by SC GGF II and SC GGPF II. The General Partner of each of SC GGF II and SC GGPF II is SC GG II MGMT. The General Partner of each of SC GGF III and SC GGPF III is SC GGF III MGMT. SC US TTGP is the General Partner of each of SC GG II MGMT and SC GGF III MGMT. The directors and stockholders of SC US TTGP who exercise voting and investment discretion with respect to the shares held by SC GGFII HOLD, SC GGF III and SC GGPF III are Messrs. RB and DL.

     

    (b) Address of Principal Business Office or, if none, Residence:

    2800 Sand Hill Road, Suite 101

    Menlo Park, CA 94025

     

    (c) Citizenship:

    SCCG HOLDCO IV-A, SCCGF V, SCCGPF V, SCCG V PF, SCCGF IV, SCCG V MGMT, SCCG IV MGMT, SCC HOLD, URM MANAGEMENT, SC GGFII HOLD, SC GGF III, SC GGPF III, SC GGF II, SC GGPF II, SC GGF III MGMT, SC GG II MGMT and SC US TTGP: Cayman Islands

    SNP: British Virgin Islands

    NS: Hong Kong SAR

    RB, DL: USA


    (d) CUSIP Number:

    722304102

     

    ITEM 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

    NOT APPLICABLE

     

    ITEM 4. OWNERSHIP

    SEE ROWS 5 THROUGH 11 OF COVER PAGES

     

    ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

    If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following  ☐.

     

    ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON

    NOT APPLICABLE

     

    ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.

    NOT APPLICABLE

     

    ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.

    NOT APPLICABLE

     

    ITEM 9. NOTICE OF DISSOLUTION OF GROUP.

    NOT APPLICABLE

     

    ITEM 10.CERTIFICATION

    NOT APPLICABLE


    SIGNATURES

    After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

    Dated: February 14, 2022

     

    SCC Growth IV Holdco A, Ltd.
    By:   Sequoia Capital China Growth Fund IV, L.P.
      its Member
    By:   SC China Growth IV Management, L.P.
      its General Partner
    By:   SC China Holding Limited
      its General Partner
    By:  

    /s/ Neil Nanpeng Shen

     

    Neil Nanpeng Shen, Authorized

    Signatory

    Sequoia Capital China Growth Fund V, L.P.
    Sequoia Capital China Growth Partners Fund V, L.P.
    Sequoia Capital China Growth V Principals Fund, L.P.
    By:   SC China Growth V Management, L.P.
      General Partner of each
    By:   SC China Holding Limited
      its General Partner
    By:  

    /s/ Neil Nanpeng Shen

      Neil Nanpeng Shen, Authorized
      Signatory
    Sequoia Capital China Growth Fund IV, L.P.
    By:   SC China Growth IV Management, L.P.
      its General Partner
    By:   SC China Holding Limited
      its General Partner
    By:  

    /s/ Neil Nanpeng Shen

     

    Neil Nanpeng Shen, Authorized

    Signatory

    SC China Growth V Management, L.P.
    By:   SC China Holding Limited
      its General Partner
    By:  

    /s/ Neil Nanpeng Shen

      Neil Nanpeng Shen, Authorized
      Signatory


    SC China Growth IV Management, L.P.
    By:   SC China Holding Limited
      its General Partner
    By:  

    /s/ Neil Nanpeng Shen

      Neil Nanpeng Shen, Authorized
      Signatory
    SC China Holding Limited
    By:  

    /s/ Neil Nanpeng Shen

      Neil Nanpeng Shen, Authorized
      Signatory
    SNP China Enterprises Limited
    By:  

    /s/ Neil Nanpeng Shen

      Neil Nanpeng Shen, Authorized
      Signatory
    URM Management Limited
    By:  

    /s/ Neil Nanpeng Shen

     

    Neil Nanpeng Shen, Authorized

    Signatory

    Neil Nanpeng Shen
    By:  

    /s/ Neil Nanpeng Shen

     

    Neil Nanpeng Shen, Authorized

    Signatory

    SC GGFII Holdco, Ltd.
    By:   Sequoia Capital Growth Fund II, L.P.
      Sequoia Capital Global Growth II
      Principals Fund, L.P.
      its Members
    By:   Sequoia Capital Global Growth II
      Management, L.P.
      its General Partner
    By:   SC US (TTGP), Ltd.
      its General Partner
    By:  

    /s/ Douglas Leone

      Douglas Leone, Managing Director


    Sequoia Capital Global Growth Fund III - Endurance Partners, L.P.
    By:   Sequoia Capital Global Growth Fund III - Endurance Partners Management, L.P.
      its General Partner
    By:   SC US (TTGP), Ltd.
      its General Partner
    By:  

    /s/ Douglas Leone

      Douglas Leone, Managing Director
    Sequoia Capital Global Growth Fund III - Endurance Partners Principals Fund, L.P.
    By:   SC US (TTGP), Ltd.
      its General Partner
    By:  

    /s/ Douglas Leone

      Douglas Leone, Managing Director
    Sequoia Capital Growth Fund II, L.P.
    Sequoia Capital Global Growth II Principals Fund, L.P.
    By:   Sequoia Capital Global Growth II Management, L.P.
      Its General Partner
    By:   SC US (TTGP), Ltd.
      its General Partner
    By:  

    /s/ Douglas Leone

      Douglas Leone, Managing Director
    Sequoia Capital Global Growth Fund III - Endurance Partners Management, L.P.
    By:   SC US (TTGP), Ltd.
      its General Partner
    By:  

    /s/ Douglas Leone

      Douglas Leone, Managing Director
    Sequoia Capital Global Growth II Management, L.P.
    By:   SC US (TTGP), Ltd.
      its General Partner
    By:  

    /s/ Douglas Leone

      Douglas Leone, Managing Director


    SC US (TTGP), Ltd.
    By:  

    /s/ Douglas Leone

      Douglas Leone, Managing Director
    Douglas Leone
    By:  

    /s/ Douglas Leone

      Douglas Leone, Managing Director
    Roelof Botha
    By:  

    /s/ Roelof Botha

      Roelof Botha, Managing Director
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