Temu parent company led by top former Chinese Communist officials
NY Post
The parent company of China-based online marketplace Temu employs a bevy of former Chinese Communist Party officials among their top executives — raising serious national security risks, experts told The Post.
Temu, a competitor to Amazon, has made aggressive inroads into the US.
Its parent company, the Shanghai-based Pinduoduo (PDD) is listed on the Nasdaq and has a current market capitalization of almost $200 billion.
Among the company’s top leaders are Xu Mintao, a director of public relations, who was previously a senior official in the State Administration for Market Regulation; and Zhou Qingtian, a public relations executive who is former deputy director of the Regulation Department of the Shanghai Administration for Market Regulation.
Guo Hua, a director of public affairs, previously served as deputy director of the Trademark Office of the State Intellectual Property Office.
Hu Qida and Tong Lei — both former judges of the People’s Court of Shanghai — were named as PDD directors of legal affairs.