Arkansas AG warns Temu isn't like Amazon or Walmart: 'It's a theft business'

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.

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