Pinduoduo's 'executive team' exposed. Pinduoduo's executives actually assaulted the leaders of the State Administration for Market Regulation? That's incredible! The status of the red family’s white gloves is very high. Asia Finance (@AsiaFinance) verified that Pinduoduo has been sued by merchants too many times, with about 200,000 cases, which piled up higher than the Oriental Pearl Tower, and it may take 200 years to resolve. Pinduoduo has just attracted the attention of the State Council, as they directly assaulted law enforcement personnel from the State Administration for Market Regulation. Have you noticed that Pinduoduo has been selling counterfeit goods for many years, and has never been fined a single cent? Why is that?
On December 3, the State Administration for Market Regulation inspected the Pinduoduo headquarters in Shanghai. On December 4, Pinduoduo's senior management held a meeting and believed that the sudden inspection was related to the resignation of the company's vice president, Wenxue, to work at Xiaohongshu. Because Wenxue was previously a deputy-level leader in the State Administration for Market Regulation and joined Pinduoduo in November 2020 as the president of the Government Affairs Department. After jumping to Xiaohongshu in mid-2025, he encountered various investigative measures by Pinduoduo under the pretext of violating his employment agreement, including stalking, bank transaction scrutiny, and package tracking.
Even if it weren't the case, Pinduoduo's senior management also believed that the supervisory inspection should be concluded as soon as possible to avoid harming the company's interests. Therefore, they asked Jincao and Xiaoshulin to complete this task. On the evening of December 4, Jincao and Xiaoshulin appointed Acan (Risk Control Head), Liu Qiong (GR Vice President), and Yu Jinhao (Duoduo Maicai Head) to provoke the personnel at the State Administration for Market Regulation at Pinduoduo's office, intending to incite a brawl between the two parties, using this as an excuse to quickly end the inspection by the State Administration for Market Regulation. Ultimately, on the evening of the 4th, Acan, Liu Qiong, and Yu Jinhao engaged in multiple provocative attacks with personnel from the State Administration for Market Regulation at Pinduoduo’s office, resulting in mutual fighting.
Both parties called the police. After the Shanghai Changning police responded, they determined that both sides had physical conflicts and knew each other, suggesting a private resolution due to their working relationship. However, the personnel from the State Administration for Market Regulation firmly disagreed and reported the matter. Under pressure, the Changning police only detained Acan, the leader, for five days, while the other two, Liu Qiong and Yu Jinhao, drove a Tesla to Shenzhen that night. Nevertheless, the State Administration for Market Regulation was still dissatisfied with this handling and urgently reported it to the State Council and notified the Ministry of Public Security.