Chinese Owner of Temu Moves HQ to Ireland as Consumers Increasingly Wary of China
Chinese e-commerce giant PDD Holdings, which owns the online shopping platform Temu, has moved its official headquarters to Ireland from China in recent days. A growing number of Chinese companies are trying to downplay their China ties as aggression from communist China continues to inflame tensions with the West and liberal democratic nations and creates increasing aversion to the Chinese Communist Party (CCP) in global trade. Temu was founded in 2022 in Boston by parent company PDD Holdings Inc., which operates Pinduoduo—a cheaper version of Amazon—in China. In a recent U.S. Securities and Exchange Commission (SEC) filing, PDD listed Dublin as its “principal administrative office,” replacing its main office in Shanghai...........To Read More...
My Take - This is the chameleon rule of leftism. Keep changing to keep everyone confused and ignorant of what they're doing to destroy society, just like "Satan, dressing up as a beautiful angel of light. So it shouldn’t surprise us when his servants masquerade as servants of God."
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