Pinduoduo shutters 1,128 stores and removes 4 million listings following concerns over fake goods

Recently-listed social e-commerce giant Pinduoduo has closed 1,128 stores and removed nearly 4.3 million listings from its platform in response to concerns over the sale of counterfeit goods.

The company issued an open letter stating that the removals were made between August 2 and August 9. Representatives at the company said that in light of recent public grievances, they had realized that the platform has many problems including lack of attention to intellectual property protection.

“We are fully aware that problems that existed in the past should not continue to exist in the future,” the company said.

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