Sifting through countless of stocks in the Broadline Retail industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in PDD Holdings Inc. or Shopify Inc. because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how PDD Holdings Inc. and Shopify Inc. compare based on key financial metrics to determine which better meets your investment needs.

About PDD Holdings Inc. and Shopify Inc.

PDD Holdings Inc., a multinational commerce group that owns and operates a portfolio of businesses. The company operates Pinduoduo platform, which provides various product categories and interactive shopping experiences; and Temu, an online platform, which enables merchants to streamline their manufacturing and commercial operations. The company was formerly known as Pinduoduo Inc. and changed its name to PDD Holdings Inc. in February 2023. PDD Holdings Inc. was incorporated in 2015 and is based in Dublin, Ireland.

Shopify Inc., a commerce technology company, provides tools to start, scale, market, and run a business of various sizes in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The Company offers Shopify platform that enables merchants to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics, and reporting and access financing for running their business across all of their sales channels, including web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. It also provides Shopify Payments, a fully integrated payment processing service that allows merchants to accept and process payment cards online and offline. In addition, the company engages in the sale of themes and apps; shipping labels through Shopify Shipping; point-of-sale hardware; advertising on the Shopify App Store; and Shop Campaigns for buyer acquisitions, as well as registration of domain names. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is based in Ottawa, Canada.

Latest Broadline Retail and PDD Holdings Inc., Shopify Inc. Stock News

As of September 1, 2026, PDD Holdings Inc. had a $118.4 billion market capitalization, compared to the Broadline Retail median of $5.8 million. PDD Holdings Inc.’s stock is NA in 2026, NA in the previous five trading days and down 30.82% in the past year.

Currently, PDD Holdings Inc.’s price-earnings ratio is 8.8. PDD Holdings Inc.’s trailing 12-month revenue is $61.7 billion with a 20.4% net profit margin. Year-over-year quarterly sales growth most recently was 206.9%. Analysts expect adjusted earnings to reach $10.288 per share for the current fiscal year. PDD Holdings Inc. does not currently pay a dividend.

Currently, Shopify Inc.’s price-earnings ratio is 94.3. Shopify Inc.’s trailing 12-month revenue is $13.3 billion with a 14.5% net profit margin. Year-over-year quarterly sales growth most recently was 33.7%. Analysts expect adjusted earnings to reach $1.906 per share for the current fiscal year. Shopify Inc. does not currently pay a dividend.

How We Compare PDD Holdings Inc. and Shopify Inc. Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at PDD Holdings Inc. and Shopify Inc.’s stock grades to see how they measure up against one another.

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PDD Holdings Inc. and Shopify Inc. Growth Grades

Company	Ticker	Growth
PDD Holdings Inc.	PDD	B
Shopify Inc.	SHOP	D

The foundation of growth investing is seeking out stocks of companies exhibiting strong, consistent and prolonged growth that is expected to continue into the future.

In order to compute the growth score and assign it a letter grade, the percentile ranks for each of three components‐consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations‐must be determined. These three rank figures are added together, and the sum is ranked against the entire stock universe to arrive at a company’s Growth Score to create an equal distribution of grades.

The companies in the bottom 20% of the stock universe receive Growth Grades of F, considered to be very weak, while those in the top 20% receive A grades, which are considered very strong.

PDD Holdings Inc. has a Growth Score of 69, which is Strong. Shopify Inc. has a Growth Score of 40, which is Weak.

The Growth Grade Winner: PDD Holdings Inc.

As you can clearly see from the Growth Grade breakdown above, PDD Holdings Inc. has a more attractive growth grade than Shopify Inc.. For investors who focus solely on how a company is growing relative to other companies in the same industry, PDD Holdings Inc. could be a good stock to add to their portfolio. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

PDD Holdings Inc. and Shopify Inc.’s Quality Grades

Company	Ticker	Quality
PDD Holdings Inc.	PDD	B
Shopify Inc.	SHOP	A

Like the Value Grade, AAII’s A+ Investor Quality Grade comes from the percentile rank of key metrics. Specifically, the Quality Score is the percentile rank of the average of the percentile ranks of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and the F-Score.

The score is variable, meaning it can consider all eight measures or, should any of the eight measures not be valid, the remaining measures that are valid. To be assigned a Quality Score, stocks must have a valid (non-null) measure and corresponding ranking for at least four of the eight quality measures.

The Quality Score is used to assess the underlying “quality” of a particular stock. A higher-quality stock possesses traits associated with upside potential and reduced downside risk. Backtesting of the Quality Grade shows that stocks with higher grades, on average, outperformed stocks with lower grades over the period of 1998 through 2019.

Stocks receive better grades (higher scores) for having higher scores for the quality subcomponents and worse grades (lower scores) for lower scores for the subcomponents.

PDD Holdings Inc. has a Quality Score of 77, which is Strong. Shopify Inc. has a Quality Score of 97, which is Very Strong.

The Quality Grade Winner: Shopify Inc.

As you can clearly see from the Quality Grade breakdown above, Shopify Inc. has a better overall quality grade than PDD Holdings Inc.. For investors who are looking for companies with higher quality than others in the same industry, Shopify Inc. could be a good stock to add to their portfolios. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

PDD Holdings Inc. and Shopify Inc.’s Estimate Revisions Grades

Company	Ticker	Earnings Estimate
PDD Holdings Inc.	PDD	D
Shopify Inc.	SHOP	C

Earnings estimate revisions scores consider the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, positive surprises beget further positive surprises‐or at least continued sales growth (the exact opposite is generally true, too).

Estimate revisions offer an indication of what analysts are thinking about the short-term prospects of a firm. Estimate revisions are based on the statistical significance of a firm’s last two quarterly earnings surprises and the percentage change in its consensus estimate for the current fiscal year over the past month and past three months.

PDD Holdings Inc. has a Earnings Estimate Score of 39, which is Negative. Shopify Inc. has a Earnings Estimate Score of 55, which is Neutral.

The Earnings Estimate Revisions Stock Winner: No Clear Winner

Neither PDD Holdings Inc. or Shopify Inc. has an Earnings Estimate Revisions Grade that could be considered a “winner.” Investors considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if PDD Holdings Inc. or Shopify Inc. is the better investment when it comes to estimate revisions.

Other PDD Holdings Inc. and Shopify Inc. Grades

In addition to Estimate Revisions, Quality and Growth, A+ Investor also provides grades for Value and Momentum.

Momentum grades help uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming.

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection. Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether PDD Holdings Inc. and Shopify Inc. pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, PDD Holdings Inc. or Shopify Inc. Stock?

Overall, PDD Holdings Inc. stock has a Growth Score of 69, Estimate Revisions Score of 39 and Quality Score of 77.

Shopify Inc. stock has a Growth Score of 40, Estimate Revisions Score of 55 and Quality Score of 97.

Comparing PDD Holdings Inc. and Shopify Inc.’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.