The WACC of Pinduoduo Inc (PDD) is 10.0%.
| Range | Selected | |
| Cost of equity | 8.60% - 11.40% | 10.00% |
| Tax rate | 7.80% - 14.40% | 11.10% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 8.6% - 11.3% | 10.0% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 1.03 | 1.16 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 8.60% | 11.40% |
| Tax rate | 7.80% | 14.40% |
| Debt/Equity ratio | 0 | 0 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 8.6% | 11.3% |
| Selected WACC | 10.0% | |