PUBLISHED ONJanuary 21, 2019 1:55 AM
BEIJING - Chinese online group discounter Pinduoduo Inc (PDD.O) said on Sunday that an online collective exploited a loophole on its platform to "steal" tens of millions of yuan worth of discount vouchers.
In a statement on its official Weibo account, Pinduoduo said it immediately rectified the bug and reported the incident to police.
The fast-growing Nasdaq-listed online marketplace allows consumers to group together to get better discounts from merchants selling goods as varied as clothes, kitchenware and gadgets.