$PDD Holdings(PDD.US)$'s Temu faces allegations of operating as a data-theft business masquerading as an online marketplace, accused of deceiving users by offering low-priced goods while surreptitiously collecting extensive personal data. The lawsuit claims Temu bypasses privacy settings to access cameras, location, messages, and biometric information on devices, allegedly selling this data to third parties without consent. It's also accuse...
$PDD Holdings(PDD.US)$Temu's global expansion strategy is at a critical juncture, with its market potential and profitability prospects drawing significant attention. Morgan Stanley believes the platform could achieve profitability as early as 2025, with substantial GMV growth potential, possibly reaching $130 billion by 2030. $Pinduoduo Concept(LIST0724.SH)$$BABA-SW(09988.HK)$$JD-SW(09618.HK)$
$Alibaba(BABA.US)$ $ALIBABA GROUP HOLDING LTD(BABAF.US)$ $BABA-SW(09988.HK)$ $Pinduoduo Concept(LIST0724.SH)$ $PDD Holdings(PDD.US)$ $Amazon(AMZN.US)$
The lawsuit claims Temu bypasses privacy settings to access cameras, location, messages, and biometric information on devices, allegedly selling this data to third parties without consent. It's also accuse...
$Pinduoduo Concept(LIST0724.SH)$ $BABA-SW(09988.HK)$ $JD-SW(09618.HK)$