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PDD Fires Dozens of Workers After Fistfight With China Officials

Bloomberg
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PDD Fires Dozens of Workers After Fistfight With China Officials

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000PDD is best known as the creator of Temu and the Pinduoduo Chinese e-commerce platform.PDD Holdings Inc. fired a government relations team in Shanghai following a fistfight between employees and Chinese regulators who were performing checks at the e-commerce company, according to people familiar with the matter.The dismissal of dozens of employees comes as PDD tries to stem the fallout from the unusual physical altercation earlier this month, which has only heightened government scrutiny of the company. A separate government relations team that wasn’t involved in the scuffle remains employed at the firm, said the people, who asked not to be identified due to the sensitivity of the issue.

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