Who Owns Temu?
Updated onExplore the ownership hierarchy of Temu. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
Temu
Temu is a global e-commerce platform and shopping app that connects consumers with millions of third-party sellers, manufacturers and brands offering low-priced goods across numerous categories.
PDD Holdings Inc.
PDD Holdings Inc. is a publicly traded multinational commerce group that operates e-commerce platforms including Pinduoduo in China and Temu globally.
Temu
Temu is a global e-commerce platform and shopping app that connects consumers with millions of third-party sellers, manufacturers and brands offering low-priced goods across numerous categories.
PDD Holdings Inc.
PDD Holdings Inc. is a publicly traded multinational commerce group that operates e-commerce platforms including Pinduoduo in China and Temu globally.
Major Shareholders
Temu
Major Shareholders
| Name | Type | Ownership | As of |
|---|---|---|---|
Zheng Huang (Colin Huang) Founder and largest individual shareholder of PDD Holdings, Temu’s publicly traded parent company; holds about 31.4% of PDD’s shares, giving him the largest economic interest in Temu via PDD. | Founder | 31.4% | Dec 2025 |
Tencent Holdings Limited Chinese technology conglomerate that is a major strategic shareholder in PDD Holdings, owning roughly 13.8% of the company (entities affiliated with Tencent held about 14.7% as of Feb. 28, 2023), and thus an indirect stake in Temu. | Corporate | 13.8% | Dec 2025 |
BlackRock, Inc. Global asset manager and the largest institutional shareholder in PDD Holdings, reporting ownership of about 35.84 million shares, or 2.52% of shares outstanding as of Sept. 30, 2025. | Institutional | 2.5% | Sep 2025 |
The Vanguard Group, Inc. Large index and mutual fund manager that held roughly 32.38 million PDD Holdings shares (about 2.28% of shares outstanding) as of Sept. 30, 2025. | Institutional | 2.3% | Sep 2025 |
Baillie Gifford & Co. Edinburgh-based investment management firm and one of the largest active institutional holders of PDD Holdings, with around 31.8 million shares, or about 2.24% of the company, as of late 2025. | Institutional | 2.2% | Sep 2025 |
PDD Holdings Inc.
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
Zheng Huang (Colin Huang) Founder of PDD Holdings and its largest shareholder; S&P Global / Simply Wall St data show he controls about 445.1 million shares, or roughly 31.4% of the company’s equity, with no Class B shares outstanding so his voting power is broadly proportional to his economic stake. Media profiles and rich lists consistently describe him as a major shareholder. | Founder | 31.4% | 31.4% | Dec 2025 |
Tencent Holdings Limited Chinese technology conglomerate that became a strategic investor in PDD during pre‑IPO funding rounds; Investing.com’s PDD/Pinduoduo shareholder table and S&P Global / Simply Wall St data attribute about 195.9 million shares to Tencent, corresponding to a ~13.8% ownership stake, making it the second‑largest shareholder. | Corporate | 13.8% | 13.8% | Mar 2025 |
BlackRock, Inc. Global asset manager and the largest institutional holder; Yahoo Finance, Nasdaq and Investing.com data indicate BlackRock funds collectively own around 35.8 million PDD shares, or about 2.52% of shares outstanding as of the third quarter of 2025. | Institutional | 2.5% | 2.5% | Sep 2025 |
The Vanguard Group, Inc. U.S. index‑fund giant; major‑holder disclosures show Vanguard managing roughly 32.4 million PDD shares across its funds, representing about 2.28% of the company as of September 30, 2025. | Institutional | 2.3% | 2.3% | Sep 2025 |
Baillie Gifford & Co. Edinburgh‑based investment manager; listed among PDD’s largest institutional investors with approximately 31.8 million shares, or about 2.24% ownership, in shareholder breakdowns derived from S&P Global data and major‑holder summaries as of late 2025. | Institutional | 2.2% | 2.2% | Sep 2025 |
Get Started
Your ultimate competitive playbook
You just found your top competitors. Now let's map your whole landscape and show you how to stand out.
Competitive Landscape Report
Built for small teams who can't hire a full-time analyst.
$129 $260 one-time payment
Generated in minutes, no subscription.
Instead of guessing what to do about your competitors, get a done-for-you intelligence report
Competitor Map
Direct, indirect, and alternative competitors mapped across your market
Positioning Analysis
How each competitor positions, their ICP, and key differentiators
Feature & Pricing Matrix
Side-by-side comparison of features, pricing, and packaging strategies
Growth Channel Analysis
SEO, paid ads, content, and social strategies across the landscape
Reputation & Social Proof
Ratings, reviews, and sentiment analysis across all competitors
90-Day Action Plan
Specific tactics to differentiate and win more deals in the next 3 months