China Cracks Down on Data Companies and One is Backed by Temasek
Posted on 12/28/2019
China’s government is taking steps to prevent user data from falling into the hands of predatory lenders. One company caught in the crackdown is Beijing’s Tongdun Technology, which is backed by Singapore’s sovereign wealth fund Temasek Holdings. Tongdun is being pursued by China’s National Committee of Strict Crackdown on Violations and Crimes by Underworld Forces. […]
