MercadoLibre (MELI) vs PDD (PDD)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
MercadoLibre (MELI) has outperformed PDD (PDD) over the past year, losing 14.4% versus a loss of 41.2%. Over five years, MELI leads with a +19.8% price change compared with -16.5% for PDD. PDD is the larger company by market cap ($111.02 billion vs $94.36 billion), about 1.2 times the size, while MercadoLibre is growing revenue faster (+39.1% vs +14.5%).
On valuation, PDD trades at a lower forward P/E (6.3x vs 33.1x for MercadoLibre). PDD converts more of its revenue into profit, with a net margin of 22.7% versus 6.9%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | MELI | PDD |
|---|---|---|
| Share price | $1,861.31 | $78.00 |
| Market cap | $94.36B | $111.02B |
| 1-day change | -0.61% | -0.64% |
| YTD return | -7.02% | -30.77% |
| 1-year return | -14.39% | -41.19% |
| 5-year return | +19.81% | -16.50% |
| P/E ratio (TTM) | 50.62 | 8.77 |
| Forward P/E | 33.15 | 6.33 |
| EPS (TTM) | $36.77 | $8.89 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $28.89B | $61.75B |
| Revenue growth (YoY) | +39.06% | +14.45% |
| Net income (latest FY) | $2.00B | $13.99B |
| Gross margin | 44.50% | 56.28% |
| Operating margin | 11.08% | 21.56% |
| Net margin | 6.91% | 22.66% |
| 52-week high | $2,428.00 | $139.41 |
| 52-week low | $1,495.00 | $71.94 |
| Distance from 52-week high | -23.34% | -44.05% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +22.27% | +47.17% |
| Average volume | 510.70K | 6.34M |
| Shares outstanding | 50.70M | 1.42B |
| Employees | 123,670 | 25,474 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Business Services | Business Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- MELI has outperformed PDD by 26.8 percentage points over the past year.
- MercadoLibre trades at a higher earnings multiple (50.6x vs 8.8x trailing P/E).
- PDD is more profitable, keeping 22.7 cents of every revenue dollar as net income versus 6.9 cents for MercadoLibre.
- MercadoLibre grew revenue faster in its latest fiscal year (+39.06% vs +14.45%).
About MercadoLibre
MELI stock →MercadoLibre, Inc. operates online commerce platforms in Brazil, Mexico, Argentina, and internationally.
Consumer Discretionary · Business Services · 123,670 employees
About PDD
PDD stock →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.
Consumer Discretionary · Business Services · 25,474 employees
MELI vs PDD FAQ
Which is bigger, MercadoLibre or PDD?
PDD (PDD) is larger, with a market capitalization of $111.02B compared with $94.36B for MercadoLibre (MELI).
Which stock has performed better over the past year, MELI or PDD?
MELI returned -14.39% over the past 12 months, compared with -41.19% for PDD (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, MELI or PDD?
PDD has the lower trailing P/E at 8.8, versus 50.6 for MELI. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are MercadoLibre and PDD in the same industry?
Yes. Both are classified in the Business Services industry within the Consumer Discretionary sector.