China's Pinduoduo reports theft of online discount vouchers to police
The logo of Chinese online group discounter Pinduoduo is seen next to its mobile phone app.
BEIJING (Reuters) - Chinese online group discounter Pinduoduo Inc said on Sunday that an online collective exploited a loophole on its platform to “steal” tens of millions of yuan worth of discount vouchers.
In a statement on its official Weibo account, Pinduoduo said it immediately rectified the bug and reported the incident to police.
The fast-growing Nasdaq-listed online marketplace allows consumers to group together to get better discounts from merchants selling goods as varied as clothes, kitchenware and gadgets.
