Liu "PDD" Mou

League of Legends esports player

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PDD Holdings fires employees after regulators' clash in China
business Dec 18, 2025, 8:56 AM
PDD Holdings fires employees after regulators' clash in China
  • PDD Holdings experienced a physical confrontation with Chinese regulators during a fraud investigation at its Shanghai office.
  • In response, dozens of employees were fired, prompting concerns over the company's regulatory relations.
  • These events might lead to increased scrutiny and impact PDD's competitive position in the market.
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