---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/40005075.md"
description: "$PDD(PDD.US) has money but doesn't pay dividends, doesn't do buybacks, and doesn't invest. They're coming for you now, a 1.5 billion fine, the third largest in history."
datetime: "2026-04-17T14:33:11.000Z"
locales:
  - [en](https://longbridge.com/en/topics/40005075.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/40005075.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/40005075.md)
author: "[crazy ethon](https://longbridge.com/en/profiles/18993215.md)"
---

# $PDD(PDD.US) has money but doesn't pay dividends, …


### Related Stocks

- [PDD.US](https://longbridge.com/en/quote/PDD.US.md)

## Comments (6)

- **躺着挺好 · 2026-04-17T14:58:36.000Z**: Learn from Pang Donglai
- **咱们复利有力量 · 2026-04-17T14:35:17.000Z**: Is it mainly about violent resistance to law enforcement?
  - **crazy ethon** (2026-04-17T14:38:29.000Z): With so much cash lying idle on the books, who wouldn't be tempted? Even the landlords have no spare money left. Alibaba, Meituan, Tencent, Xiaomi, ByteDance—which one isn't spending money? Only PDD i
  - **咱们复利有力量** (2026-04-17T14:42:09.000Z): Other companies have also been fined, and the three food delivery companies were fined quite heavily. It's estimated that if Pinduoduo didn't use aggressive tactics, it probably wouldn't have been fin
  - **crazy ethon** (2026-04-17T14:48:21.000Z): There's no other way, PDD just has a lot of cash. Right now, Pinduoduo is probably the company on the mainland, aside from ByteDance, with the most money in its accounts.