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BRUSSELS (Reuters) -Chinese online retailer Temu will be investigated over whether it may have breached rules aimed at preventing the sale of illegal products, EU tech regulators said on Tuesday ...
Vietnam has suspended the operations of Chinese online retailer Temu after it failed to meet a government deadline to register the company by the end of November. It is unclear if Temu, a unit of ...
Temu operates as an online store, carrying cut-price merchandise from self-employed sellers. More than 100,000 of them are based in China , according to Marketplace Pulse, a research firm.
The Temu platform first went live in the United States in September 2022, and ran ads during the February 2023 Super Bowl. [19] In March 2023, Temu launched in Australia and New Zealand. [1] In the following month, Temu launched in France, Germany, Italy, the Netherlands, Spain, and the UK. [3] Temu eventually expanded into the Latin American ...
In the new suit, Temu claims that Shein has “engaged in a campaign of threats, intimidation, false assertions of infringement, and attempts to impose baseless punitive fines” on apparel makers ...
As a result, investors hammered the stock of Temu’s parent company, PDD, which trades on the Nasdaq. Its shares fell 6% on Monday, shaving off more than $9 billion in market value as of early ...
Temu also said it does not take down product listings because they have negative reviews, or delete critical reviews. "Reviews do not factor into deactivation of a product listing.
Sometimes called ultra-fast fashion, the brands respond instantaneously to trends, luring customers with almost impossibly low prices — a two-piece women's outfit on Temu retails for $3.19 and a ...