Cybersecurity

Hackers Take Coupons Worth Tens of Millions of Yuan on Pinduoduo

Photographer: Qilai Shen/Bloomberg
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Coupons worth tens of millions of yuan were stolen Sunday morning after hackers used a vulnerability in Pinduoduo Inc.’s platform.

The bug has been fixed and the matter has been reported to the police, the Chinese social e-commerce company said in a statement on its official Weibo account.