According to the American research company Grizzly Research, Temu, a subsidiary of PDD Holdings (capitalisation: US$130 billion), contains spyware. “It has all the characteristics of the most aggressive forms of malware/spyware”, says a report dated September 6. “Temu intends to sell or is already selling stolen data to Western countries to support its business model”. The research firm also blames PDD’s financial reports, despite being audited by E&Y partner Hua Ming LLP, which it deems “notor
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