Cainiao Station won the unfair competition case against Pinduoduo and won a compensation of 5 million yuan

According to news from this site on April 29, Cainiao Post recently received a lawsuit from the Zhejiang Provincial Higher People’s Court against Cainiao Post against Pinduoduo (Shanghai Yucan Information Technology Co., Ltd., Hangzhou Aimi Network Technology Co., Ltd., Shanghai Xunmeng Information Technology Co., Ltd.) Final Judgment in the Incorrect Competition Case.

The court found that Pinduoduo’s promotion of the “Duoduo Grocery Terminal System” at Cainiao Station terminal stores was an act of improperly taking advantage of other people’s market results, damaging the legitimate rights and interests of legitimate operators and disrupting It violates the order of fair and orderly market competition, harms public interests such as consumer rights and incentive innovation mechanisms, violates the principle of good faith and business ethics, and constitutes unfair competition. The court ordered Pinduoduo to compensate Cainiao 5 million yuan in accordance with the law and published an apology statement on Pinduoduo’s “Duoduo Maicai” platform.

Cainiao Station said: "Thank you to the court for its fair judgment, which is of great significance to the terminal logistics industry to maintain a healthy market environment. The judgment also determined that there is no evidence that Cainiao System is in the terminal logistics market." Monopoly position'. We will reserve the right to take legal action against any slanderous remarks such as "Choose One" or "Choose One" from Cainiao Station."

# Alibaba’s financial report for the third fiscal quarter of fiscal year 2024 (this site’s note: October-December 2023) shows that revenue from Cainiao Group was 28.476 billion yuan (approximately US$4.011 billion), a year-on-year increase of 24% .

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