PDD StockPro$PDD(PDD.US) On February 13, the State Administration for Market Regulation summoned platform companies including Alibaba, Douyin, Baidu, Tencent, JD.com, Meituan, and Taobao Flash Sales, requiring the relevant platform enterprises to strictly comply with laws and regulations such as the Anti-Unfair Competition Law of the People's Republic of China, the Price Law of the People's Republic of China, the Consumer Rights Protection Law of the People's Republic of China, and the E-commerce Law of the People's Republic of China. They were urged to proactively fulfill their primary responsibilities and further standardize their promotional and marketing activities.
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Why wasn't Pinduoduo included? Who are they looking down on?
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