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Pinduoduo suffers huge losses due to technical bug
From:ChinaDaily   |  2019-01-20 14:43

Chinese e-commerce platformPinduoduo suffered huge losses due to a tech bug Sunday morning, NetEase has reported.

Early Sunday morning one-year, 100 yuan coupons began to spread on the platform, with users able to claim as many as they wished.

The coupons spread due to technical bug on Pindioduo, according to NetEase.

Users were able to top up their phones by 100 yuan for the price of 0.4 yuan, with one netizen found to have topped up hundreds of times.

A screenshot of one of the coupons. [Photo/tech.163.com]

The bug is estimated to have cost Pinduoduo over 10 million yuan in losses, NetEase said.

Thecompanyannouncedatnoonthatabout10millionyuanincouponswerestolenthroughan expiredcoupon.

They alleged the group had made improper profits, and that the case had been reported to police.

The bug has now been addressed and past orders are being traced, the company said.

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