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China’s youngest e-commerce giant is at the center of a firestorm.
Pinduoduo, a US-listed company known for its low-priced products, is facing a huge social media backlash after the death of one of its employees sparked heated online discussions about the brutal work culture in Chinese tech companies.
Discontent against excessive working hours is not new in China, but the fury this time targets big companies in general, with some decrying the “evil nature” of the capitalists who they say devour people’s lives to achieve corporate goals. This has further soured public sentiment towards Chinese big tech companies, whose influence is growing, prompting alarm and closer scrutiny in Beijing.
Pinduoduo, established in 2015 by former Google employee Colin Huang, had around 643 million monthly active users as of September, catching up fast with the nearly 900 million monthly active users on rival Alibaba’s mobile e-commerce platforms during the same
TOKYO (Reuters) – The U.S. unit of SoftBank-backed robotics startup CloudMinds has changed its name to distance itself from the blacklisted China-based firm, two people with knowledge of the matter said, and is selling face-scanning temperature monitors through T-Mobile US.
The unit is selling its cloud-connected products under the new name at a time of heightened concern in the United States about the national security risk of Chinese firms collecting and using the personal data of U.S. citizens.
Documents filed in California showed the unit became Wright Robotics in August, after the United States in May added CloudMinds to its so-called Entity List citing the risk of the firm procuring items and technology for China’s military.
The United States can restrict sales to blacklisted firms of goods made domestically as well as goods made abroad containing U.S. technology.
It expanded the definition of military end use in April to include
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