You know the saying that when a store’s prices are unbeatable, they’re likely unbelievable? That’s the same warning Arkansas’ attorney general is giving to Americans who shop on Chinese-based Temu, alleging "it’s a theft business." "The threat from China is not new, and it is real," AG Jim Griffin said on "Varney & Co." Tuesday. "Temu is not an online marketplace like Amazon or Walmart. It's a data theft business that sells goods as a means to an end.
Arkansas' lawsuit targets Temu’s parent company, PDD Holdings. Shaun Rein, founder of the China Market Research Group, has described PDD Holdings as a "monster in Chinese e-commerce." Griffin alleged that the company is using spyware and malware on its app to get more than just Americans’ consumer data.
Business’ Bradford Betz contributed to this report.
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: 10News - 🏆 732. / 50 Read more »
Source: FoxBusiness - 🏆 458. / 53 Read more »