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Hackers Take Coupons Worth Tens of Millions of Yuan on Pinduoduo

Bloomberg News
Hackers Take Coupons Worth Tens of Millions of Yuan on Pinduoduo

(Bloomberg) -- Coupons worth tens of millions of yuan were stolen Sunday morning after hackers used a vulnerability in Pinduoduo Inc.’s platform.

The bug has been fixed and the matter has been reported to the police, the Chinese social e-commerce company said in a statement on its official Weibo account.

To contact Bloomberg News staff for this story: Lulu Shen in Shanghai at lshen37@bloomberg.net

To contact the editors responsible for this story: Stanley James at sjames8@bloomberg.net, Kana Nishizawa, Subramaniam Sharma

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