<p>拼多多控股有限公司在與上海監管機構的非凡對抗升級為肢體衝突後，迅速採取了內部行動，知情人士透露。本月早些時候，市場監管總局的官員訪問了公司的場所，調查有關其電子商務平台上虛假交付的報告。在檢查過程中，至少發生了兩起員工與監管人員之間的拳擊衝突，隨後警方介入並逮捕了包括一些公司高管在內的多人。事後，拼多多解僱了與此事件相關的數十名政府關係工作人員，而另一支未參與事件的政府關係團隊則繼續留任。</p>
<p>知情人士表示，在檢查過程中，監管人員要求訪問拼多多的交易數據。這些數據被視為高度敏感，因為它可能揭示有關客户行為和內部運營的廣泛細節，超出公司公開報告的內容。目前尚不確定市場監管總局在事件後將如何推進，但大型中國公司與監管機構之間的肢體衝突非常不尋常，即使在檢查過程中存在爭議。拼多多和市場監管總局未對此事作出回應，而財新及其他中國新聞門户網站關於解僱的報道隨後被刪除，突顯出局勢的微妙。</p>
<p>這一後果可能在拼多多更廣泛的戰略面臨困難時到來。就在上個月，該公司警告稱，中國消費者環境正在放緩且競爭日益激烈，競爭對手阿里巴巴和京東正在加大努力。拼多多運營着拼多多平台和快速增長的海外市場 Temu，正在推動進一步擴展到美國和歐洲，這一舉動引起了海外監管機構的關注。值得注意的是，在中國官員訪問其上海辦公室的同一周，Temu 位於都柏林的歐洲總部被歐洲競爭機構突襲，因懷疑該公司可能受益於不公平補貼，彭博新聞社報道。</p>

拼多多

<p>PDD 控股公司與上海監管機構發生了重大沖突，導致了肢體衝突、警方介入和逮捕。國家市場監管總局對虛假交付進行了調查，要求提供敏感的交易數據。PDD 解僱了數十名政府關係工作人員。此次事件發生在競爭激烈的中國消費市場和海外監管審查的背景下，Temu 的歐洲總部也遭到突襲</p>

<p>PDD Holdings Inc.  has taken swift internal action after an extraordinary confrontation with regulators in Shanghai escalated into physical altercations, according to people familiar with the matter. Earlier this month, officials from the State Administration for Market Regulation visited the company's premises to investigate reports of fraudulent deliveries on its e-commerce platform. During the inspection, at least two fistfights reportedly broke out between employees and regulators, an episode that later led to police involvement and several arrests, including some company executives. In the aftermath, PDD dismissed dozens of government relations staff tied to the incident, while another government relations team not involved has remained in place.</p>
<div class="lb-trans"><p>拼多多控股有限公司在與上海監管機構的非凡對抗升級為肢體衝突後，迅速採取了內部行動，知情人士透露。本月早些時候，市場監管總局的官員訪問了公司的場所，調查有關其電子商務平台上虛假交付的報告。在檢查過程中，至少發生了兩起員工與監管人員之間的拳擊衝突，隨後警方介入並逮捕了包括一些公司高管在內的多人。事後，拼多多解僱了與此事件相關的數十名政府關係工作人員，而另一支未參與事件的政府關係團隊則繼續留任。</p>
</div><p>During the inspection, regulators requested access to PDD's transaction data, people familiar with the matter said. Such data is considered highly sensitive, as it could reveal extensive details about customer behavior and internal operations beyond what the company publicly reports. It remains uncertain how the SAMR may proceed following the incident, but physical confrontations between major Chinese companies and regulators are highly unusual, even when inspections are contentious. PDD and the SAMR did not respond to requests for comment, and reports by Caixin and other Chinese news portals describing the dismissals were later removed, highlighting how delicate the situation has become.</p>
<div class="lb-trans"><p>知情人士表示，在檢查過程中，監管人員要求訪問拼多多的交易數據。這些數據被視為高度敏感，因為它可能揭示有關客户行為和內部運營的廣泛細節，超出公司公開報告的內容。目前尚不確定市場監管總局在事件後將如何推進，但大型中國公司與監管機構之間的肢體衝突非常不尋常，即使在檢查過程中存在爭議。拼多多和市場監管總局未對此事作出回應，而財新及其他中國新聞門户網站關於解僱的報道隨後被刪除，突顯出局勢的微妙。</p>
</div><p>The fallout could arrive at a difficult moment for PDD's broader strategy. Just last month, the company warned of a slowing and increasingly competitive Chinese consumer environment, with rivals Alibaba and JD.com intensifying their efforts. PDD, which operates the Pinduoduo platform and the fast-growing overseas marketplace Temu, has been pushing to expand further into the US and Europe, a move that has drawn regulatory attention abroad. Notably, the same week Chinese officials visited its Shanghai offices, Temu's European headquarters in Dublin were raided by European competition authorities amid suspicions the company may have benefited from unfair subsidies, according to Bloomberg News.</p>
<div class="lb-trans"><p>這一後果可能在拼多多更廣泛的戰略面臨困難時到來。就在上個月，該公司警告稱，中國消費者環境正在放緩且競爭日益激烈，競爭對手阿里巴巴和京東正在加大努力。拼多多運營着拼多多平台和快速增長的海外市場 Temu，正在推動進一步擴展到美國和歐洲，這一舉動引起了海外監管機構的關注。值得注意的是，在中國官員訪問其上海辦公室的同一周，Temu 位於都柏林的歐洲總部被歐洲競爭機構突襲，因懷疑該公司可能受益於不公平補貼，彭博新聞社報道。</p>
</div>

Brawls, Raids, and Layoffs: Inside PDD's Explosive Clash with Regulators

- PDD Holdings Inc.因與監管機構發生衝突後，迅速採取內部行動。  
- 上海市場監管局對其電商平台進行調查時，員工與監管人員發生肢體衝突並導致逮捕。  
- 事件將影響 PDD 在競爭激烈的中國消費市場及其國際擴張戰略。

鬥毆、突襲和裁員：拼多多與監管機構的爆炸性衝突內幕