Beijing summons China’s top e-commerce platforms over misleading 618 promotions

Beijing regulators have summoned five major Chinese e-commerce platforms — Taobao/Tmall, JD.com, Pinduoduo, Douyin and Xiaohongshu — over alleged misleading promotions during the annual 618 shopping festival. The Beijing Municipal Administration for Market Regulation said Taobao’s 618 Billion-Yuan Subsidy campaign lacked clear disclosure of actual subsidy amounts, while Pinduoduo was criticized for attempting to waive certain legal liabilities. JD.com allegedly failed to disclose promotion perio