China fines e-commerce firm PDD for tax violations amid probe
6 Articles
6 Articles
According to information available to Bloomberg, more than 100 investigators from several state agencies participated in the investigation.
PDD share price down 30% since November over Temu concerns
PDD Holdings’ share price saw its seventh consecutive drop on Tuesday, pushing its market capitalization below $150 billion, as concerns grow over the intensifying regulatory scrutiny of its cross-border e-commerce platform, Temu, reports Caixin. The stock has shed more than 30% of its value since a November 2025 peak, as Temu’s growth trajectory hits turbulence in […]
China’s CCP Investigate Temu Owner: 100 Investigators Hit Parent Office – channelnews
China has intensified regulatory action against PDD Holdings Inc., widening an existing inquiry after a confrontation between company staff and officials escalated into physical altercations, according to people with direct knowledge of the situation. More than 100 inspectors from multiple government bodies have been sent to PDD’s Shanghai offices in recent weeks. The coordinated effort involves agencies such as the State Administration for Marke
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