The tax authorities have imposed a fine of 100,000 yuan on Pinduoduo.

Shanghai Xunmeng Information Technology Co., Ltd. failed to submit tax-related information as required by the "Regulations on Tax Information Reporting for Internet Platform Enterprises," and was ordered by the tax authorities to rectify the situation within a specified period. Although the company had made rectifications, it failed to complete them within the prescribed time limit. Therefore, the tax bureau imposed a fine of 100,000 yuan on Pinduoduo in accordance with laws and regulations.