Temu mulls hiring compliance officer in US amid scrutiny of China goods

News Snapshot:

PDD (NASDAQ:PDD) owned e-commerce platform Temu aims to hire a compliance officer based in the U.S., following scrutiny by lawmakers over alleged lax practices, among other things. The Temu platform went live in the U.S. in September 2022. According to a LinkedIn job posting, Temu is looking for a Greater Boston-based Compliance Officer to develop and maintain compliance policies related to the company's financial operations, including anti-money laundering (AML) and money transmission, ensuring adherence to applicable licensing requirements and reporting obligations, among other things. Among the roles, Temu is also seeking to hire a Senior Legal Counsel in Boston. The...