Chinese Regulator Fines PDD $14,000 for Missing Tax Deadlines

Chinese authorities have fined PDD Holdings Inc. 100,000 yuan ($14,000) for failing to file essential tax documents in time, a modest penalty for a company that’s the target of a widening government probe.

Shanghai tax authorities took action after finding the company failed to comply with regulations, Xinhua reported Wednesday. It failed to submit tax-related information on merchants for the third quarter of 2025, then failed to make rectifications in time, according to Xinhua. Shares in PDD jumped 7.6% on Germany’s Tradegate.