China Officials, PDD Staff Get Into Fistfights During Audit
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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 1000At least two fistfights broke out last week between PDD Holdings Inc. employees and Chinese regulators who were performing checks at the e-commerce company’s Shanghai premises, according to people familiar with the matter.The altercations involved PDD staff and officials from the State Administration for Market Regulation, the people said, asking not to be identified discussing a sensitive issue. The SAMR officials were investigating reports of fraudulent deliveries on PDD’s platform, the people said, adding that police made several arrests in the aftermath.