US set to Crack Down on Popular Chinese Bargain-Hunting Site
The House Intelligence Committee is asking for a briefing from the FBI and SEC about Temu, a Chinese Communist Party-linked e-commerce company, and its parent, Pinduoduo (PDD). They're concerned about U.S. data being exploited.Fox News got a letter from Committee Chairman Mike Turner and Rep. Darin LaHood. The letter was sent to FBI Director Christopher Wray and SEC Chairman Gary Gensler.
They noted that PDD is listed on NASDAQ and falls under the SEC’s authority. Lawmakers mentioned previous alarms raised by various groups about Temu and PDD, including concerns over trade, slave labor, and national security.
In 2023, Google suspended the PDD app. They claimed it took control of millions of devices to steal personal data and install malicious apps.
The lawmakers emphasized their worry over the safety of Americans' data. They compared it to the ongoing concerns about TikTok and said they believe the CCP is trying to exploit U.S. data again.
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I like temu they are better than Amazon.
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