![]() In April 2019, Pinduoduo was first named in the Office of the United States Trade Representative's list of Notorious Markets for Counterfeit Products and Piracy. The company also disclosed that it had removed 500,715 items and closed more than 40 stores as of February 4, 2020, to protect consumers from counterfeit and substandard masks being sold by merchants hoping to profit amid the COVID-19 pandemic. The company responded with an open letter stating that it had, in a single week in August, shut down 1,128 stores, taken down more than 4 million listings, and blocked 450,000 suspected counterfeit goods listings from being published. In 2018, Pinduoduo came under scrutiny following a spate of negative press calling the company out for inferior and imitation of products. ![]() In 2023, PDD Holdings changed its legal domicile from Shanghai to Dublin. In September 2022, Pinduoduo's sister's company, Temu, was launched in the U.S. On 5 July 2022, a Shanghai court dismissed a local resident's lawsuit accusing Pinduoduo of cheating in a promotional event. In August 2020, Pinduoduo launched Duo Duo Maicai, a service which enables consumers to preorder groceries for pickup at designated locations. ĭuring the initial COVID-19 lockdown in China in 2020, Pinduoduo started a program to assist rural Chinese farmers with selling their produce to customers online instead of relying on traditional in-person marketplaces. On 20 January 2019, Pinduoduo reported to the police theft by hackers that exploited a loophole in his system and stole tens of millions of Yuan worth of vouchers. On 7 June 2018, Legal Evening News reported that Pinduoduo investigated and shut down stores and removed listings that violated its platform policy against pornography and violence, following an earlier report by the newspaper. Pinduoduo was founded in 2015 by Chinese businessman and software engineer Colin Huang. The business is the largest product of PDD Holdings, which also owns the U.S. Pinduoduo generated RMB 2.44 trillion (US$383 billion) gross merchandise value (GMV) in 2021. ( Chinese: 拼多多 Pinyin: Pīn duōduō) is a Chinese online retailer with a focus on the traditional agriculture industry.
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