What if I had invested in PDD Holdings (Temu)
Every lump sum scenario for PDD Holdings (Temu), start year by start year, using real prices and each month's exchange rate.
PDD Holdings (Temu), a stock listed on Wall Street, grew 3.7-fold in dollar terms between July 2018 and November 2026, an average of +17.0% a year. At $83.40, the price is 53.1% below the $178 record set in December 2020, split-adjusted. Of 100 possible purchase months since July 2018, only 45% would be in profit today for a lump sum.
Data: Yahoo Finance monthly closing prices, up to date as of (latest update November 5, 2026) MethodAuthor: Yann Avondo
If I had invested $1,000 as a lump sum in PDD Holdings (Temu) in January 2019, today I would have $3,717
Over the same period
Worst moment: −77.4% between December 2020 and March 2022. To get this result, you had to hold on without selling.
PDD Holdings (Temu) at a glance
PDD Holdings runs Pinduoduo in China and Temu abroad, two ultra-low-price shopping platforms. Listed in New York in 2018, it is one of the fastest growth stories in e-commerce history.
Between December 2020 and March 2022, PDD Holdings (Temu) lost 77.4% of its value in dollar terms, and that peak has still not been regained. Volatility is very high: the best calendar year, 2020, shows +369.8%, the worst, 2021, −67.2%; 5 of 7 years ended in the green. Over the same period, the MSCI World (price index) returned +10.4% a year in dollar terms: PDD Holdings (Temu) left it far behind.
$1,000 invested in PDD Holdings (Temu), by start year
Bought in January, valued at the latest price. Click a year for the full story.
| Start | Worth today | Multiple | Per year |
|---|---|---|---|
| $860 | ×0.86 | −7.6% | |
| $570 | ×0.57 | −17.5% | |
| $1,023 | ×1.02 | +0.6% | |
| $1,431 | ×1.43 | +7.6% | |
| $469 | ×0.47 | −12.0% | |
| $2,205 | ×2.21 | +12.1% | |
| $3,717 | ×3.72 | +18.0% |
Lump sum or DCA in PDD Holdings (Temu)?
Since January 2019, investing in PDD Holdings (Temu) all at once (lump sum) multiplied the stake by ×3.72, +18.0% a year. Investing every month (DCA) multiplied the total contributions by ×1.28, an annual return (IRR) of +6.1%.
Here the lump sum did better: money invested early rode the whole rise. That is the most common outcome on an asset that goes up.
Frequently asked questions
What if I had invested $1,000 in PDD Holdings (Temu) in 2020?
Invested in January 2020, $1,000 would be worth about $2,205 today, +12.1% a year on average.
What was the best year to invest in PDD Holdings (Temu)?
Among the start years covered, 2019 gave the best result: $1,000 would have become $3,717. The weakest was 2021, worth $469 today. This ranking is only known with hindsight.
Are dividends included?
By default, the calculation follows the market price only. The "Reinvest dividends" option uses the adjusted price, which includes dividends paid and stock splits: the closest measure of what an investor actually earned.
Are exchange rates taken into account?
Yes. PDD Holdings (Temu) trades in its own currency; every purchase and valuation is converted at that month's exchange rate. A US asset can gain in dollars and less in euros if the dollar weakened.
Are fees and taxes included?
No: results are before brokerage fees, fund fees and taxes. Your net result depends on the account you invest through.
Compare with
Before you have regrets
What this calculation does not tell you.
Hindsight bias
Picking Nvidia or Bitcoin today means picking known winners. Back then, nothing set them apart from hundreds of assets that went nowhere or vanished.
Holding on was the real test
The result assumes you never sold, including through the drawdowns shown above. Very few investors actually do.
The broad market, no bet required
The MSCI World never makes headlines, but it does not require guessing the winner. It is the fairest yardstick for any pick.
Method: past performance, computed from split-adjusted monthly closing prices (intra-month lows are smoothed out). Converted at each month’s exchange rate; no fees, no taxes. The MSCI World benchmark is the price index, excluding dividends. Sources: Yahoo Finance (prices, exchange rates, US Treasury bills), Eurostat (inflation), published regulated rates (Livret A). Not investment advice. NokxiHub.