South Korea probing possible data theft of consumers by Chinese e-commerce companies

News Snapshot:

The announcement follows South Korea’s antitrust regulator, Fair Trade Commission (FTC), sending inspectors to the office of AliExpress’s South Korean unit last week to probe the platform’s consumer protection practices, according to Yonhap news agency As South Korea’s use of Chinese e-commerce platforms, such as Alibaba’s AliExpress and Temu, has increased, the country’s personal data protection watchdog announced on Thursday that it is investigating the consumer data practices of major overseas shopping platforms. Following concerns raised by a parliament audit last year regarding the handling of data by platforms like AliExpress and PDD Holdings’ international discount e-commerce platform Temu, the...