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China Watchdog Orders Temu-Owner PDD to Fix Refunds Policy

Chinas top markets watchdog summoned PDD Holdings Inc. executives to order the company to fix its refunds-first policy, taking aim at a practice that a growing number of merchants argue hurts their bottom line.

Posted by Hicham ALAOUI RIZQ on 2024, Dec 11

Introduction

Chinas top markets watchdog summoned PDD Holdings Inc. executives to order the company to fix its refunds-first policy, taking aim at a practice that a growing number of merchants argue hurts their bottom line.

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