A sign hangs outside the Shein warehouse in Whitestown, Indiana, on Nov. 29, 2023.
Scott Olson | Getty Images
The chair of a powerful House committee is drilling down on Shein’s data privacy practices and its relationship with the Chinese Communist Party as the fast-fashion giant moves closer to a U.S. initial public offering.
Reps. Cathy McMorris Rodgers, a Washington Republican who leads the House’s Committee on Energy and Commerce, sent a letter to Shein on Wednesday asking about the user data it collects and the communications it has had with the Chinese government. Rep. Gus Bilirakis, R-Fla., who chairs the panel’s Subcommittee on Innovation, Data and Commerce, co-signed the letter.
The lawmakers sent similar missives to TikTok, Temu and Alibaba.
“Media reports indicate that Chinese-owned e-commerce marketplaces are increasingly popular in the western world. This is a serious risk for e-commerce, consumer safety, and people’s data privacy and security,” the letter states. “The…
2023-12-20 20:07:06
Post from www.cnbc.com
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