Pinduoduo alerts police to suspected bribery involving manager at KKR-backed Cue

The Pinduoduo logo. Photographer: Qilai Shen/Bloomberg

Chinese e-commerce firm Pinduoduo Inc has referred a case of suspected bribery of one of its staff by a manager at digital advertising firm Cue Holdings to the Shanghai police, according to two people with direct knowledge of the matter.

Pinduoduo suspects a Cue sales manager bribed a Pinduoduo manager to win work related to an advertising budget of close to 4 billion yuan ($565 million) last year, one of the sources said. The bribe totalled over 2 million yuan ($282,346.30), the source said.

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