@_FORAB: Pinduoduo’s 2023 scandal—details finally drop: execs under probe, evidence swallowed, AI spurned, and a RMB 1.5 bn fine
Summary
Details emerge of Pinduoduo’s 2023 executive probe: evidence destroyed on the spot, company fined RMB 1.5 bn for violations, and no AI spending spree despite huge cash reserves.
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Cached at: 04/21/26, 04:24 PM
Last year’s Pinduoduo scandal—details finally revealed
Exec placed under investigation, swallowed documents like a spy
Sat on a mountain of cash, refused to burn it on the AI bandwagon
Ended up with a 1.5-billion-yuan fine
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