BEIJING, April 17 (Reuters) - China's market regulator on Friday fined and confiscated a total of 3.6 billion yuan ($527.32 ...
Seven platforms, including Meituan, Taobao and Tmall, were fined and ordered to 'rectify illegal activities' following an ...
The State Administration for Market Regulation said on Friday it had penalized units of Pinduoduo, Meituan, JD, ...
China's market regulator has fined seven e-commerce platforms, including Pinduoduo and Meituan, a total of 3.6 billion yuan for food delivery safety violations. The companies were found lacking in ...
China has imposed hefty fines on seven major e-commerce platforms for serious food safety breaches. Companies like Taobao, ...
Pinduoduo's (NASDAQ: PDD) stock rallied 15% on May 27 after the Chinese e-commerce company posted its first-quarter earnings report. Its revenue rose 7% year over year to 23.79 billion yuan ($3.75 ...
For shareholders, this move is a much-needed relief. As of the close Thursday, Pinduoduo stock had lost a third of its value just since the beginning of the year, and was down by more than 80% from ...
BEIJING, April 17 (Reuters) - China's market regulator on Friday fined and confiscated a total of 3.6 billion yuan ($527.32 ...
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