PDD Holdings Inc.

Background

Company Name	PDD Holdings Inc.
Stock Symbol	PDD

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If you suffered a loss on your PDD Holdings Inc. investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.

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Additional Comments

Background

On January 19, 2026, Bloomberg reported that China had broadened its probe into PDD, dispatching a special investigation team of over 100 regulators from various agencies, including the State Administration for Market Regulation (“SAMR”), alleging misconduct ranging from fraudulent deliveries to taxation issues. The investigation was partially triggered by physical violence that had broken out between PDD employees and SAMR inspectors in the previous month.

On this news, PDD’s stock price fell during intraday trading on January 20, 2026, thereby injuring investors.

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