Pinduoduo told to fix fake goods issue

China's market regulator said on Friday that online discounter Pinduoduo should strengthen platform management and regulate business activities of third-party vendors to maintain fair competition.

Regulators met with the e-commerce site's officials amid reports of counterfeiting.

The State Administration for Market Regulation said on its website that it required Pinduoduo to bolster the management and review of commodities and online traders, actively cooperate with regulators' investigations and obey the law to maintain healthy, rapid and sustainable development.