S. Not a short squeeze you have to catch the run up or any of that. 8 billion yuan ($1. Its. 8 billion for abuse of its. The firestorm surrounding Pinduoduo has reignited a long-running debate in China about the tech industry’s controversial “996” work culture — a term referring. pinduoduo. You forget a big an important play which is PINDUODUO and is taking a lot of market share from Alibaba unfortunately. Safe Harbor Statements This announcement contains forward-looking statements. A few days ago, 42Shops published an article about how one of China’s three e-commerce giants, Pinduoduo, is coming to the US market in September. August 29, 2022 06:30 ET | Source: Pinduoduo Inc. 38% and 35. When it comes to China's e-commerce market, Pinduoduo Inc (PDD 0. When it comes to pricing, Temu can go even lower than Shein - $11. A case study on how Pinduoduo's dedicated portal has helped farmers during the Covid-19 outbreak. 2 billion yuan in 2020. Pinduoduo Inc. Pinduoduo’s market value now stands at over $190 billion. In the era of digital economy, the e-commerce industry is developing rapidly. Given the history between. On top of the steep discounts. Pinduoduo's shopping site in the US went online as part of its expansion in abroad. The Chinese ecommerce company that describes itself as “Costco meets Disney” for its mix of great deals and great fun flew under the radar for two years after its July 2018 IPO. 38 for a pet comb, $2 for an eyeshadow palette, and more. The surge in online shopping driven by pandemic lockdown. Tech work culture under fire. On Monday, shares closed at $50. The Chinese e-commerce giant is still firing on all cylinders. Our algorithm gave the review of pinduoduo. It has become one of China’s most popular e-commerce platforms in recent years for fresh produce, household items, clothing and electronics. 99, whereas wigs sell from $4. Pinduoduo is still based out of Shanghai while Temu is headquartered in Boston. IT worker loses $150k to cunning scam. Google says it has suspended the app for the Chinese e-commerce giant Pinduoduo after malware was found in versions of the software. Pinduoduo, a China-based mobile-only marketplace, recently launched its shopping site called Temu in the US. Hong Kong CNN Business — One of China’s most prominent e-commerce companies is facing intense public backlash over allegations that it overworks its. US-based venture capital firm Sequoia is the fourth biggest investor with a 7% stake. July 2020. If consumption downgrading describes the spending preferences of consumers, active destocking by merchants represents a significant change on the supply side. It took Alibaba 14 years and JD. 29 after the Chinese e-commerce company posted its second-quarter results. , China’ s largest agriculture and interactive commerce platform, today announced its unaudited financial results for the fourth quarter and the fiscal year ended December 31, 2020. 4 billion in short-term investments that are readily convertible into cash, and just $719 million in debt. 48B) from RMB 23. S. Groupon. com has been popular among growth investors because of its high growth in the recent past (revenue grew at an annualized rate of 33. Temu works with major international shipping partners like UPS, FedEx and the United States Postal Service to ensure. Temu is currently available in the United States and Europe and aims to attract customers from all over the world by offering a wide variety of items at low prices. However, three key things differentiate Pinduoduo from its top competitors. A Temu merchant told the outlet that the e-commerce app is. (CyberGuy. ” CNN has contacted PDD multiple times over email and phone for comment, but has not received. According to sources, JD. pinduoduo. Pinduoduo is relatively late to the cross-border e-commerce scene. S. Alphabet Inc's Google suspended the Play version of PDD Holdings Inc's Pinduoduo app for security concerns, after malware issues were found on versions of the Chinese e-commerce app outside Google. Pinduoduo also added some branch tasks in addition to the shared main task. PinDuoDuo's software has an amazing track record and they are very focused on improving the customer experience constantly. Huang’s. A total of 986 million Chinese used mobile phones to surf the internet, accounting for 99. Security researchers at Moscow-based Kaspersky Lab have identified and outlined potential malware in versions of PDD Holdings Inc. 6 trillion. Pinduoduo, which boasts a user base that accounts for three quarters of China’s online population and a market value three times that of eBay , wasn’t always an online shopping behemoth. This proves that the creators of the malicious app have access to the same signing keys as the creators of the legitimate app that was available from Play. The following year, we received an investment from Tencent, a major Chinese IT company, and in 2018, three years after our founding, we were listed on the US Nasdaq stock market as "one of. 29, 2022 (GLOBE NEWSWIRE) -- Pinduoduo Inc. Shares of Chinese e-commerce challenger Pinduoduo ( PDD 5. 38 trillion in 2021. 3 million. “Temu is not as aggressive as Pinduoduo that is requesting all. Pinduoduo is offering up to 60,000 yuan (US$8,451) per month for roles including large language model (LLM) developers and LLM referencing engineers based. Founded in 2015, it’s one of the fastest growing tech platforms, reaching more than 640 million active monthly users in 2020. Latest Pinduoduo Inc - ADR ( PDD) Stock News. One is to dismantle the whole red envelope, and the task can be achieved faster by grabbing the red envelope. " But experts say it'll be an uphill climb to compete with Amazon. Pinduoduo’s growth strategies; its future business development, results of operations and financial condition; its ability to understand buyer needs and provide productsColin Huang, the founder of Pinduoduo, at the company's office in Shanghai, China. The stock is up 149. Alibaba Group ( BABA -2. SHANGHAI, China, Nov. In a Tuesday statement, Google said versions of the app. 44 billion ($4. Beyond. Average. Sponsored ADR currently has an average brokerage recommendation (ABR) of 1. In celebration of the Super Bowl ad launch, Temu is giving away $10 million in prizes to users who. Pinduoduo “became, at least in that moment, the face of how brutal the 996 conditions can be in tech”, said Tan. (It's free!) Where did Temu come from? This app isn't some fly-by-night operation. That drop has wiped $181 billion off Pinduoduo’s market capitalization; the firm was valued at. Though Temu and Pinduoduo are sister companies owned by the. The name Pinduoduo means “Together, More Savings, More Fun. Pinduoduo, one of the biggest online shopping sites in China, can afford to invest in a swing for US customers. A Pinduoduo worker confirmed to CNN that, in 2020, a team of engineers was created to search for vulnerabilities in the Android operating system and develop ways to exploit them to generate profit. arstechnica. 82 on Feb. Alibaba Group Holding was also fined a record $2. PDD Holdings Inc. offshoot of Chinese e-commerce giant Pinduoduo. The shop-with-friends app combines a group-buying strategy with cheap products. Pinduoduo could not be reached for comment. (“Pinduoduo” or the “Company”) (NASDAQ: PDD), China. Pinduoduo 's ( PDD 3. Temu is the U. Pinduoduo (PDD) is an e-commerce platform that offers a wide range of products. 9% away from winning a prize on the app — Pinduoduo later clarified the percentage needed to be 0. CVE-2023-20963 is one such vulnerability. Pinduoduo was founded in 2015 and went public in 2018, raising $1. Pinduoduo allows customers to buy fresh produce from farmers in a country whose citizens are increasingly conscious of food quality. In a statement, Pinduoduo reportedly said it highly disagrees with “the speculation and accusation that Pinduoduo app is malicious just from a generic and non-conclusive. The worst scam app! It made me mad because it takes double of your time on the small tasks, like collecting water drops, raising a fruit tree, working on the farm. 90. The company was set up in September 2015. ($16,280) through Pinduoduo purchases this year, he said. 1 million in the same quarter of 2021. An anonymous reader quotes a report from The Guardian: Americans addicted to Amazon could soon be wooed by a Chinese tech giant most of them have never heard of. As an avid user of the platform, I have noticed a clear trend towards more invasive data collection practices. S. SHANGHAI, China, Nov. com has a safety score of 90 out of 100. A $1,000 investment in Pinduoduo's initial public. 9 million), or $0. Check Pinduoduo. Its website has PCI-certified payment links and generous customer service policies that allow you to shop stress. The app has quickly. In many ways, Pinduoduo is an impressive Chinese tech startup. 99. Total revenues in the quarter were RMB23,046. Apr 8, 2023 9:00 AM Security News This Week: Popular Chinese Shopping App Pinduoduo Is Laced With Malware Plus: 119 arrested during a sting on the Genesis dark-web. Chinese news reports tell of employees collapsing—or even committing suicide—from overwork and exhaustion. Its backers include Chinese investment firm Banyan Capital and Tencent, as the Shenzhen. (NASDAQ:PDD) engages in the development and management of an e-commerce platform. Malicious versions of Pinduoduo were signed with the same signing key as the Pinduoduo app that was distributed via Google Play until it was removed from the store. Pinduoduo — Pinduoduo, one of China's most popular shopping applications, can spy on users, according to cybersecurity specialists. 6%, compared to 2-8% for JD and 2-5% for Tmall. Pinduoduo, in the meantime, said some factors behind the current pace of high growth are not sustainable. 1 in Q4 2019. m. . com? Date of last check: 2023-09-12. “Mobile attestation is the process involved in verifying that the. The network’s layout and user interface are designed for surfing rather than research, and offering discounts for group purchases encourages users to bring their. Credit: Pinduoduo. The CCP is trying to make sure they have a piece of pie in the market. It made its name with a group buying business model, allowing people to save money by. A young Aussie has shared how he lost his and his parents’ savings to a job scam. 1m sellers spent Rmb5,258 ($744) on advertisements last year, a rise of 64 per cent. 6 billion. Pinduoduo’s channel gives not very well-known merchants more options than Alibaba and JD. Pinduoduo’s full-year revenues in 2020 were RMB 59. Suspected purpose was to pore through user data and find information related to competing shopping apps. On an analyst call Monday, executives said some projects originally slated for the past. What is Pinduoduo? China's hottest online shopping startup. Pinduoduo is planning to expand its reach to the US next month, according to reports in Bloomberg and Reuters. 05%) stock surged 15% on Aug. It is still on the Apple App Store, but it has a 2. com, but the website doesn't have an email server. The company is known for delivering goods at rock. Shares of Chinese "mobile only" e-commerce site Pinduoduo ( PDD -1. The Summer of 2020 was the Summer of Pinduoduo. Temu (pronounced "tee-moo") is based in Boston. By PYMNTS | September 2, 2022. In the process. Pinduoduo has previously rejected “the speculation and accusation that Pinduoduo app is malicious. Pinduoduo app: Millions at risk from Chinese ‘malware’ software. Pinduoduo, which boasts a user base that accounts for three quarters of China’s online population and a market value three times that of eBay (EBAY), wasn’t always an online shopping behemoth. 75. But wait—they are including restricted cash in this figure. 85%) stock rallied 15% on May 27 after the Chinese e-commerce company posted its first-quarter earnings report. 2 million in the same quarter of 2021. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral. in China from 2019 to 2022 with an estimate for 2023 (in billion U. This year’s NML includes several previously identified markets because owners, operators, and governments failed to address the stated concerns. 3 billion in the third quarter, from RMB 1. 30, 2019, Pinduoduo had $2. Even if you get cheap products, nobody will buy from you or cooperate with you if don’t seem to be a reliable brand. Pinduoduo: Together, More Bull, More Bear, More Fun. 2 ($ 324. The network's layout and user int. 86%) had slumped nearly 13% as of market close Thursday, according to data provided by S&P Global Market Intelligence. pinduoduo. Chinese e-commerce company Pinduoduo ( PDD 2. Pinduoduo’s active buyers started to exceed Alibaba’s in December 2020. The Summer of 2020 was the Summer of Pinduoduo. Tech work culture under fire. S. S. 6 million, Pinduoduo Inc - ADR’s stock is down 45. S. 3 billion annual active customers globally at the end of fiscal 2022. Pinduoduo’s fortunes and challenges are bookends worth contemplating with thinking about Blidz: The Chinese platform currently has a market cap of nearly $60 billion (it’s listed on Nasdaq in. Pinduoduo-thailand. Private Securities Litigation Reform Act. BABA is their prime target because Jack Ma is an outspoken person. 98%) stock surged 15% on Aug. --Pinduoduo Inc. Pinduoduo’s fortunes and challenges are bookends worth contemplating with thinking about Blidz: The Chinese platform currently has a market cap of nearly $60 billion (it’s listed on Nasdaq in. Starry Night Foundation. The company sells everything from groceries and home appliances to iPhones. Pinduoduo, a Chinese e-commerce giant, has launched Temu, an overseas platform to sell heavily discounted products outside of China. The leading e-commerce company in China reported $69 million in profit (on an adjusted. 21 coming in above estimates of 65 cents. Pinduoduo has previously rejected “the speculation and accusation that Pinduoduo. Pinduoduo's (PDD 1. Temu, a shopping app operated by the parent firm of China’s e-commerce giant Pinduoduo, has risen from obscurity in the last few months. 5 billion RMB ($1. Google warned users Tuesday to. 6 billion in its initial public offering (IPO). The official version was safe, it was a modified package masquerading as the original with the same signature. The Pinduoduo app, which is owned by PDD Holdings Inc. (Image credit: Shutterstock) Although several of Pinduoduo’s Android shopping apps have been found to contain. com legit or a scam. 4% growth for JD . Of course, whenever you’re shopping online, be smart, be mindful, and set the right expectations. Google has temporarily suspended Pinduoduo, a leading Chinese budget shopping app, from its Play Store due to the discovery of malware in certain versions of the app. But it's also starting to develop a reputation for undelivered packages, mysterious charges, incorrect orders, and unresponsive. This group consists mainly of newly married women with a responsibility of budgeting for the family and. In fact, because the cost of advertising and marketing is covered by its social e-commerce model, Pingduoduo can offer better prices and solutions for brands. 4-out-of-5-star rating. 69 billion) in revenue in second-quarter earnings, a 36% growth from last year, and far exceeded the expected average of $4. Pinduoduo founder Colin Huang. Chinese behemoth Tencent is Pinduoduo’s second biggest shareholder with 16. A recent experience with an Insider reporter ordering a basket of items showed that Temu is indeed legit, though he questioned the quality of certain items. 40, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy. Shopping on Temu is extremely safe and secure. Despite facing scrutiny over data security. After becoming the No. Total revenues were RMB23,793. It offers a wide range of products including apparel, shoes, food and beverage, electronic appliances as well. Pinduoduo’s discounts can reach up to 90%; such heavily discounted prices cater to China’s rural and. 3 million average monthly active users. or at least it’s safe to say that competitors are better positioned in the e-commerce area. The increase. “Such a technique is widely used by malware developers that inject malicious code into applications that have legitimate functionality,” said experts. apk”, executed on April 21, 2023. 26 after it posted its third-quarter earnings report. Pinduoduo created Temu in its biggest push overseas, despite its rivals extensive international expansions. Let me first recap our results in Q4 and full year 2021. In. e-commerce apps based on new download rankings Despite its early success. Is legit or a scam, can you trust pinduoduo. com is a safe website! Pinduoduo. [14] In September 2022, Pinduoduo's sister's. As of. As a dark horse under the social dividend in the mobile internet era, Pinduoduo went public in the United States only three years after its establishment, and its market value reached trillions only five years after its establishment. March 17, 2021 06:40 ET | Source: Pinduoduo Inc. Such a technique is widely used by malware developers that inject malicious code into applications that have legitimate functionality. The ABR suggests buying Pinduoduo Inc. ET. 14M subscribers in the technology community. com 19 years to exceed $150 billion GMV, but Pinduoduo reached this ambitious milestone in only. This morning, E-Commerce company Pinduoduo beat analyst estimates on its Q1 financial results. 8 million), an increase of 36% from RMB23,046. HONG KONG (AP) — Google has suspended the Chinese shopping app Pinduoduo on its app store after malware was discovered in versions of the app from other sources. Run Pinduoduo social on PC with LDPlayer. There are two likely reasons that have driven this. E-commerce firm Pinduoduo on Tuesday pledged to donate the $372 million it made in the three months through June 30 toward the development of China’s agricultural sector and rural areas. So it's turning its attention overseas to keep growing, with the U. Google warned users Tuesday to uninstall any Pinduoduo app not downloaded. 32. Pinduoduo's shares surged by +19% from $39. 1 billion in the same period of 2018, missing analysts’ expectations. 75%) were surging today after the Chinese e-commerce company posted strong results in its second-quarter earnings report, easily outpacing analyst expectations. September 2022. 1. The presence of counterfeit goods on Pinduoduo is not new. [5] [6] With heavy advertising, [7] [8] it offers heavily discounted goods [9] which are mostly shipped to consumers directly from China. Pinduoduo is the biggest e-commerce marketplace for agricultural products in China. But cybersecurity researchers who analyzed the company’s. ” Pinduoduo is one of China's most valuable e-commerce company. However, Temu works with leading package carriers like UPS, FedEx, and USPS to ensure that all orders are delivered promptly and securely to. It has a 7. America's online sales were valued at around USD 876 billion in 2021, less than 15% of the country's total retail sales of USD 6. 69 billion. Visual China Group/Getty Images Huang was born in 1980 to factory worker parents on the outskirts of Hangzhou, a city in China's eastern province of Zhejiang. :Alphabet Inc's Google suspended the Play version of PDD Holdings Inc's Pinduoduo app for security concerns, after malware issues were found on versions of the Chinese e-commerce app outside. Colin Huang, the reclusive billionaire behind Pinduoduo, saw his wealth surge by $3 billion in a single day after. The CNN report stated “Google has suspended Pinduoduo, a popular Chinese budget shopping app, from its Play Store after finding malware in versions of the app. Company insiders said the exploits were utilised to spy on. 9% in the past year. Pinduoduo may also make written or oral forward-looking statements in its periodic reports to the U. BABA is undervalued until you get involved with the political side. 64 billion yuan ($5. 24 Comments. Continue reading about the Chinese investment landscape and Chinese stocks in this China Gravy article. Whether it's a quick check-in or a virtual meeting, stay connected and foster meaningful connections. Lookout confirmed these malicious exploitations in at least two Pinduoduo samples that. Pinduoduo enables seamless video and audio calls, allowing you to connect with your contacts in real-time. REUTERS/Florence Lo/Illustration/File Photo Reuters. Pinduoduo currently does not have sales outside of China and there is no indication from its press releases that it intends to do so. By 2016, Pinduoduo’s monthly gross merchandise value exceeded RMB 1 billion (USD 152 million) Two years later, it went public on the Nasdaq stock exchange. On an annual active user basis, Pinduoduo sits closer to Alibaba with 731. The move comes just weeks after. com is very likely not a scam but legit and reliable. Pinduoduo reported growing financial results for the fourth quarter of 2022. The Chinese ecommerce company that describes itself as “Costco meets Disney” for its mix of great deals and great fun flew under the radar for two years after its July 2018 IPO. Credit: Pinduoduo. Pinduoduo 's ( PDD 3. PDD stock is falling today on the news as the market reacts to the evidence. Pinduoduo announced 2018 results on March 13, and at first glance it looks like Pinduoduo is producing tons of cash: “net cash provided by operating activities” was over RMB 7. Second Quarter 2021 Highlights. Alibaba served 1. S. 25%)-- a leading Chinese e-commerce company -- pushed against this trend as the stock is up almost 25% year to date. 31% and 31. (NASDAQ:PDD) has faced a decline in interest from the entirety of the hedge funds we track, it’s safe to say that there exists a select few fund managers that. Pinduoduo is estimated to have a 17. Temu is an online marketplace based in Boston, Massachusetts, and operated by the Irish-based Chinese e-commerce company PDD Holdings. But any tech. The Chinese e-commerce giant is still firing on all cylinders. Pinduoduo. Rural e-commerce is more of a people business than regular e-commerce and Alibaba is years behind Pinduoduo in forming relationships with key local merchants and. 2K votes, 220 comments. Safe to say, Pinduoduo is quite different from Amazon or any other e-commerce company. Published 9:11 AM PST, March 21, 2023. In 2021, there were three employee deaths at Pinduoduo, Temu’s parent company. Pinduoduo is close to the ceiling on its expansion in China, with a base approaching 1 billion users. For reference, Taobao and Tmall’s main competitor JD. Pinduoduo, which boasts a user base that accounts for three quarters of China’s online population and a market value three times that of eBay (EBAY), wasn’t always an online shopping behemoth. 2 billion in cash and cash equivalents, another $3. Founded. com) For some background, Pinduoduo is a popular shopping app in China that sells clothing, groceries and pretty. Pinduoduo has been able to grow its user base against a backdrop of the Chinese government’s regulatory clampdownon Big Tech that began in late 2020. Pinduoduo stock had lost a third of its value just since the beginning of the year, and was down. More than 12 million farmers. Pinduoduo is a Chinese e-commerce platform with a joint purchasing system, which was founded in 2015 by former Google engineer Colin Huang. Pinduoduo rose to prominence by offering Chinese consumers the chance to buy fresh produce from farmers. “Things like location data to me definitely raises a flag for me because I am not envisioning a lot of legitimate uses for it. Join the Pinduoduo community today and unlock a world of social commerce possibilities. Key Takeaways: Nearly two months after its launch, Pinduoduo’s cross-border e-commerce Temu app is among the top U. Official Channels. In a Tuesday statement, Google. Step 2: Develop your brand image in China. Pinduoduo, which boasts a user base that accounts for three quarters of China's online population and a market value three times that of eBay, wasn't always an online shopping behemoth. S. In the space of a few years, Pinduoduo has gone from being. S. How to fail step 3: Pricing isn’t 10x better than alternatives. But it is unclear whether this pace of growth will continue. 68 billion yuan, according. Pinduoduo is still not a profitable business and is unlikely to become one in the near future. Pinduoduo, which boasts a user base that accounts for three quarters of China’s online population and a market value three times that of eBay, wasn’t always an online shopping behemoth. China’s e-commerce giant Pinduoduo launches US shopping site to take on Amazon. Pinduoduo is one of China’s most popular e-commerce platforms, with approximately 900 million users. Pinduoduo gains full access to all your contacts, calendars, and photo albums, plus all. Temu's shipping origins can vary depending on the product being purchased. Yet in just eight years, the Chinese e-commerce platform Pinduoduo has managed to stand. In the first half of this year, the COVID-19 resurgence in China dragged down the economy and consumer spending, while, Pinduoduo witnessed solid growth. Temu, a shopping app operated by the parent firm of China’s e-commerce giant Pinduoduo, has risen from obscurity in the last few months. S. However, shareholders should still be concerned about the company’s. The award ceremony took place at FAO Headquarters in Rome today on the sidelines of the. SHANGHAI (IT-Times) - Die chinesische E-Commerce-Plattform PDD Holdings (zuvor: Pinduoduo) steigt in den Markt für große Sprachmodelle ein und sucht neue. Also, there are cases of scammers using the site to scam potential customers. Has many users and a lot of visitors. Founded in September 2015, Pinduoduo is the fastest growing e-commerce startup in the history of China, attaining a GMV of $15 billion only two years from launch, a milestone that took incumbents. 79 billion, a figure below expectations. (Reuters) -Alphabet Inc's Google suspended the Play version of PDD Holdings Inc's Pinduoduo app for security concerns, after malware issues. Google’s Play store has suspended Pinduoduo, a popular shopping app in China, citing the discovery of malware, just as its sibling app Temu has been climbing download charts in the US market. ’s Chinese shopping app Pinduoduo, days after Google suspended. Pinduoduo's excessive collection of user information is concerning. Thus, it remains China-centric in the foreseeable future. Google suspended Pinduoduo from its app store in March due to surveillance concerns, according to CNN. Pinduoduo, a China-based e-commerce company, has recently established a new online shopping website overseas. While Google Play is unavailable in China, a spokesperson told TechCrunch that “off-Play. Today, we’re bringing you more updates on the new platform. “Temu is not as aggressive as. Basically, China’s answer to. Your question to the interviewer. In 2021, a lawyer sued Pinduoduo after he remained stuck 0. #cybersecurity #respectdata Click to Post. Source: Pinduoduo. It is the flagship product of Nasdaq-listed Chinese company PDD Holdings which also owns Temu. Alibaba served 1. Pinduoduo surpassed Alibaba Group Holdings as China’s largest e-commerce company in terms of active users on Wednesday, as chairman and founder Colin Huang stepped down from the five. Need advice? Report scams Check Scamadviser!Figures are for the latest twelve months ended Sept. com since the main force of the platform is to do branding at better commercial terms. Second Quarter 2022 Unaudited Financial Results. Pinduoduo is a high-growth e-commerce company with a strong position and history. We have based this rating on the data we were able to collect about the site on the Internet such as the country in which the website is hosted, if an SSL certificate is used and reviews found on other websites. Is the site safe for children? Currently we have not enough information to determine whether the site is safe for kids or not. Pinduoduo, Temu’s parent company, has suppliers worldwide. com has a safety score of 90 out of 100. The Nasdaq-listed Pinduoduo saw an impressive 268% growth in its net income in 2022 Q2. 32. These clients have limited disposable income, but they are becoming increasingly important as Beijing moves. A preliminary analysis by Lookout found that at least two off-Play versions of Pinduoduo for Android exploited CVE-2023-20963, the tracking number for an Android vulnerability Google patched in. S.