Pinduoduo returns some service fees to sellers after parent PDD pledges US$1.4 bln waiver

Pinduoduo returns some service fees to sellers after parent PDD pledges US$1.4 bln waiver

Pinduoduo, a Chinese e-commerce platform, is refunding service fees to merchants after waiving $1.4 billion in charges. The move addresses concerns over non-refundable fees and aligns with upcoming fair-competition regulations in China.

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