www.bloomberg.com
China has escalated its investigation into PDD Holdings following a violent altercation between company employees and regulators. In recent weeks, over 100 investigators from various agencies have been dispatched to PDD’s Shanghai headquarters. This widened probe comes after staff physically clashed with regulators during an earlier inspection, marking a significant intensification of regulatory scrutiny against the e-commerce giant. The incident has drawn high-level attention, prompting a comprehensive multi-agency response that underscores Beijing’s increasingly aggressive oversight of major technology companies.
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