Imagine a company so massive and powerful that it has a hand in every single one of your favorite apps, software, and games. Imagine that this company has access to all the information from the apps you use and is based in a foreign country with a government that is allegedly all-powerful and controlling. Now stop imagining, because this company is real and its name is Tencent.
Data collection is not just a task but also a profitable business model. Companies can use this data in many ways. However, the law allows us to feel secure knowing that any data collected cannot be used with malicious intent. Although, one should still be diligent in researching who has a stake in the company they are submitting information to in order to rest assured that their information is only in the hands of companies they are comfortable with.