China's Pinduoduo reports theft of online discount vouchers to police
Reuters
Published Jan 20, 2019 01:46AM ET
China's Pinduoduo reports theft of online discount vouchers to police
BEIJING (Reuters) - Chinese online group discounter Pinduoduo Inc (O:PDD) said on Sunday that an online collective exploited a loophole on its platform to "steal" tens of millions of yuan worth of discount vouchers.
In a statement on its official Weibo account, Pinduoduo said it immediately rectified the bug and reported the incident to police.
The fast-growing Nasdaq-listed online marketplace allows consumers to group together to get better discounts from merchants selling goods as varied as clothes, kitchenware and gadgets.
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Written By: Reuters
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