PDD embraces China’s ‘city of the future’ after bruising regulatory clash and record fine
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Source: South China Morning Post
Published: 2026-07-02 12:30 UTC+10:00
Section: State Administration for Market Regulation
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, Technology & AI, Economy & Finance, China, Financial Markets, Labour & Workers, Tax & Budget, Business & Economy, Asia Pacific, Technology
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Snippet:
Operator of big-name budget marketplaces Pinduoduo and Temu is buying an office and adding 5,000 jobs in the hyped-up Xiongan New Area
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