# clm_0BF212C42ADD

subject: PDD Holdings (/record/pdd-holdings.md)  
predicate: research_and_development  
value: 12,659,361,000 renminbi  
valid_from: 2024-12-31  
valid_to: 2025-12-31  
published: 2025-04-28  
recorded: 2026-10-29  
confidence: 0.95  
status: superseded  
assertable: true  
superseded_by: clm_FCEA83872B7B  
last_updated: 2026-10-30  
checked: 2026-10-29 · parsed from the SEC filing  
parsed from: us-gaap:ResearchAndDevelopmentExpense in 20-F FY2024, filed 2025-04-28  

## Sources

- https://www.sec.gov/Archives/edgar/data/1737806/000141057825000951/0001410578-25-000951-index.htm (primary, SEC EDGAR 20-F FY2024, published 2025-04-28)

## Supersedes

- [PDD Holdings](/record/pdd-holdings.md) | research_and_development | 10,952,374,000 renminbi | valid 2023-12-31 to 2024-12-31 | conf 0.95 | superseded | superseded_by [clm_0BF212C42ADD](/claim/clm_0BF212C42ADD.md) | [clm_5DE58E9811AF](/claim/clm_5DE58E9811AF.md)

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