Pinduoduo ‘strongly’ rejects accusation that app is malicious

Pinduoduo (PDD) said in a statement to Bloomberg after Google (GOOG, GOOGL) halted its app for malware: "We strongly reject the speculation and accusation that Pinduoduo app is malicious just from a generic and non-conclusive response from Google. There are several apps that have been suspended from Google Play at the same time and we find it peculiar that Bloomberg chose to single out Pinduoduo." Shares of Pinduoduo are up 3% to $81.33 in morning trading.